Mark Carney pledged to appoint a new Deputy Governor at the Bank of England to lead a "root and branch" review of its strategy, after suspending an official over the foreign exchange market manipulation scandal.» Read More
The Lib Dems are set to deliver a blow to coalition unity on Wednesday by refusing to back the embattled culture secretary Jeremy Hunt in a vote in the House of Commons, the Financial Times reports.
The UK economy is in recession. The euro zone remains in crisis. The European Union is the UK’s biggest trading partner. To what extent are euro zone troubles dragging the UK down with them?
Shares in French retail giant Carrefour have a very low valuation and represent a good long-term investment opportunity thanks to recent management changes and growth in markets outside France, Scott Evans, co-head of equity research at Espirito Santo Investment Bank, told CNBC.
Looking for the ideal shelter from the euro zone crisis? Germans think they know where to find it, the Financial Times reports.
Investors have apparently concluded that the rescue is potentially a much better deal for the banks and their shareholders than for the government, its taxpayers and bondholders, the NY Times reports.
Tens of thousands of protesters marched through the streets of downtown Moscow Tuesday in a show of opposition force which is the clearest indication yet that the pro-democracy movement brought to life by widespread perceptions of electoral fraud last December has become a permanent feature of Russia's political landscape, the Christian Science Monitor reports.
Victor Chu, the Chairman of Hong Kong based private equity firm, First Eastern Investment Group said he’s looking to add more European assets that may be trading at fire-sale prices because of the region’s debt crisis.
A Greek exit from the euro zone may be the price that has to be paid to persuade Germany to save the single currency, George Osborne, said on Tuesday. The FT reports.
Crisis-hit states cannot return to external and internal balance without higher spending and inflation in the core, writes the Financial Times' Martin Wolf.
There are plenty of stocks that are performing well despite Europe’s debt crisis, Cramer said.
Eswar Prasad, Senior Professor of Trade Policy, Cornell University and Senior Fellow, Brookings Institute says that Europe cannot let major economies like Italy or Spain, or a periphery economy like Portugal fail.
CNBC's Simon Hobbs reports on how the Spanish bailout package has impacted the European crisis; and David Goldman, Macro-Strategy president; Mike Holland, Holland & Company chairman; and Michael Farr, Farr, Miller & Washington president, discuss the ongoing euro zone uncertainty.
Hans Timmer, Director, Economics Prospects Group, World Bank says developing countries will be vulnerable if there's another global financial crisis because their financial positions are now as strong as they were in 2007.
And consider investing in these stocks instead.
Sean Egan, Founding Partner and President, Egan-Jones Ratings says that India has been managing its debt "very well", especially when compared to other countries.
David Dietze, President and Chief Investment Strategist at Point View Wealth Management says it's very risky to be a short-term trader now. Instead, there are some great opportunities now for long-term investors.
Diane Swonk, Chief Economist & Senior Managing Director, Mesirow Financial says that the euro zone needs to move in the direction of euro bonds.
Aid to Spain lifted the euro, Italy is weighing it down, and plenty of traders are flummoxed — but not this one.
Jim Rogers, Rogers Holdings chairman, offers insight on bailouts in Europe and why they won't work. He also shares his view on the U.S. economy.
CNBC's Bob Pisani, John Carney and Sue Herera discuss whether Italy is the next shoe to drop in the European debt mess.
Cyprus's finance minister, Harris Georgiades, concedes there were "problems in the past" between the Cypriot government and the central bank governor, who has just resigned.
European stocks closed mixed on Tuesday, as the crisis in Ukraine curbed enthusiasm for riskier assets.
Riccardo Barbieri, chief European economist at Mizuho International, says UniCredit could be vulnerable the turmoil in Ukraine, given its exposure to eastern europe.