Ukraine declared that Russia had launched a "direct invasion" of its territory after Moscow sent a convoy of aid trucks across the border.» Read More
European shares closed higher on Thursday after Cypriot banks re-opened after an almost two-week closure.
Louisa Bojesen takes you through the European markets, which closed higher on Thursday.
Peter Ceretti, researcher at Eurasia Group, tells CNBC that the failure of Per Luigi Bersani to form a coalition government means the President will take control of the process, but it will be 6-12 months before an election is called.
Chris Tinker, founder of Libra Investment Services, tells CNBC that once people realise the extent of Brussels' desire to 'dictate' Europe, markets will respond and suffer accordingly.
One soccer club in Scotland could be set for great things after a turbulent few years. Time to invest?
The president of Rotana believes there are significant investment opportunities in Iran, despite growing international sanctions.
Barbara Marcin, Gabelli Dividend & Income Fund portfolio manager, and Michael Santoli, senior columnist, Yahoo Finance, discuss the markets and economy, and whether things are actually getting better.
Italian Economy Minister Vittorio Grilli said on Thursday he had no knowledge of any imminent decision by Moody's to cut Italy's sovereign debt rating.
Maury Harris, chief U.S. economist, UBS Investment Research, and Scott Shellady of Trean discuss the health of the U.S. economy, what current data says about the sequester, and the long-term impact on markets.
CNBC's Michelle Caruso Cabrera reports on banks reopening in Cyprus and the limits they've imposed on depositors. The situation, she says, is calmer than expected.
David Owen, chief european economist at Jefferies, questions whether U.S. investors will continue to want to buy bonds from the euro zone following the Cyprus crisis, Portugal's appeal for a loan repayment extension and what he expects to be "a very turbulent period" in the coming months.
Gervais Williams, MD at Miton Group, argues that often the best performers are smaller companies because they're so cheap and many can grow irrespective of the wider economic situation.
Some European citizens are looking to escape their economic troubles by joining an Italian commune.
Richard Staite, U.S. banks analyst at Atlantic Equities, outlines why investors are reallocating away from Europe and towards U.S banks, citing strong capital return to shareholders, better transparency and expected strong earnings recovery in the next two years as main reasons.
Cyprus's plan to impose capital controls threatens to test the ties that bind Europe's monetary union and could see euros on the Mediterranean island valued differently to those in the rest of the bloc.
Britain opens a judicial inquiry into the death of Russian oligarch Boris Berezovsky on Thursday to establish how he died in the locked bathroom of his vast mansion.
Henry Dixon, co-founder and fund manager at Matterley Asset Management, tells CNBC that risk premiums should be rising on the back of what's happening in Cyprus and Italy and says there's a lot of balance sheet support to be found in U.K. shares.
Michael Gallagher, director of research at IDEAglobal, says the yield curve for Italian bonds should steepen in the short-term as markets are getting increasingly concerned with the political deadlock in the country and believe any government formed in the short term will be weak and unstable.
Dionyssis Dimitrakopoulos, senior lecturer in politics at Birkberck College, University of London, says the Cyprus crisis has been badly handled and that the euro zone problem is that nobody thinks of the management of the common currency in the medium to longer term.
As fears grow that the Cyprus crisis could spread to other parts of the euro zone, renowned investor Mark Mobius says that a default is the only way to solve the single-currency bloc's problems.
Get the best of CNBC in your inbox
A yes vote in the upcoming Scottish independence referendum could lead some insurers to move their headquarters to London, says Mark Nicholson, associate director at Standard & Poor's Rating Services.
The U.S. Federal Reserve remains data dependent and will not bow to hawks, says Mark Haefele, global chief investment officer at UBS, as Janet Yellen continues to make the argument that there is slack in the labor market.
European shares closed lower on Friday as tensions in Ukraine flared up once again. It comes after stocks fluctuated as U.S. Federal Reserve Chair Janet Yellen spoke about the labor market in Jackson Hole, Wyoming.