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
Pietro Nivola, Brookings Institute and Dan Mitchell, Cato Institute debate whether government dysfunction is preferable to austerity and the impact the fiscal cliff would have on the economy.
CNBC's Simon Hobbs discusses what he is watching ahead of the EU meeting in Brussels.
CNBC's Sharon Epperson reports on the selloff in oil and gold today.
Greece and Spain's growing debt problems could become the next big blow to the European markets, as rating agency Egan-Jones downgrades Spain's debt rating into junk territory. Gemma Godfrey, Brooks Macdonald Asset Management, weighs in.
CNBC's Michelle Caruso-Cabrera reports the euro fell sharply and stocks dropped from their highs of the day on news Greece is making contingency plans for a euro exit.
CNBC's Kelly Evans reports the latest market moving activity from Europe, including the euro falling against the U.S. dollar.
Stephen Davies, CEO, Javelin Wealth Management says that some form of a euro bond issue is inevitable if the currency bloc is to stay together.
I know you're all obsessed with Facebook, but pay more attention to Europe.
What can investors expect from tomorrow's market? Jeffrey Davis, Lee Munder Capital Group; Brian Perry, Hennessy Large Growth Fund; and Brian Jacobsen, Wells Fargo Advantage Funds, offer insight.
Ursula Burns, Xerox chairman and CEO, discusses the state of her business globally and shares her take on the fiscal cliff and Facebook's IPO.
CNBC's Maria Bartiromo and Bill Griffeth report on former Greek Prime Minister Papedemos telling Dow Jones the "risk of Greece's euro exit is real."
Discussing their "worries" for Europe and the risk for the U.S. economy, with David Malpass, Encima Global president and Larry Kantor, Barclays head of research. "Until the Greek elections June 17, it is difficult to see sustained strong performance in the global stock markets," says Kantor.
CNBC's Kelly Evans reports on Europe's stocks, bonds and investor hopes ahead of Wednesday's summit with European Union leaders.
CNBC's Kelly Evans reports on all the market moving activity from Europe, including yields on European bonds and commodities.
"The problems in the euro zone are now affecting the mood, in Asia, the United States, Japan and elsewhere," says Angel Gurria, OECD Secretary-General, discussing the outlook on the euro zone's economic recovery and the impact of Greek debt on global markets.
Michael Spencer, Chief Economist, Asia Pacific and Co-Head, Global Economics, Deutsche Bank thinks a pan-Europe bond will only incentivize European governments to further delay the structural changes needed to get out of its debt crisis.
Paul Donovan, MD & Deputy Head of Global Economics, UBS Investment Bank says Europe will focus on creating domestic demand for its economy.
Paul Donovan, MD & Deputy Head of Global Economics, UBS Investment Bank says the problem with Europe is there is no single source of capital for banks across the euro zone.
Frederic Neumann, MD & Co-Head of Asian Economics Research, HSBC says Asia needs fiscal stimulus rather than monetary stimulus to cushion the blow from the EU crisis.
David Kotok, Chairman & CIO, Cumberland Advisors says the European Central Bank is the only game in town when it comes to further monetary easing. He thinks the Fed will remain on pause and won't announce QE3.
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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.