Holly Ellyatt
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Growth in the U.S. is set to easily outpace the euro zone but the U.S. "fiscal cliff" is concerning strategists to such an extent that Europe, despite its on-going economic woes, looks like a better investment strategy.
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The number of disputes handled by the World Trade Organization (WTO) tripled in 2012 but it's not a sign of creeping protectionism, WTO Director-General, Pascal Lamy, told CNBC.
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Wage growth remains far below pre-crisis levels and has fallen into the red in developed countries, according to the International Labor Organization (ILO).
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The environment for risk-taking continues to be favorable - as long as the Fed keeps on "pumping money in" - Larry Kantor,Managing Director and Head of Research at Barclays, told CNBC.
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British Chancellor George Osborne said on Sunday that it would be "catastrophic" to reverse his austerity policy,but Adam Posen, a former member of the Bank of England's Monetary Policy Committee, told CNBC that both Osborne's austerity package - and apocalyptic warnings - were self-defeating.
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He may well know his stuff when it comes to central banking, but the future Bank of England Governor Mark Carney will have to show a wide breadth of knowledge about British history, culture and customs before he can claim British citizenship.
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Even as some housing markets in Europe have cratered, Germany’s housing market has gone from strength to strength, particularly in its cities, as a result of low interest rates and high demand. Though the phenomenon has prompted fears that Germany was heading for a housing bubble, property experts told CNBC that the strongman of Europe was safe, for now.
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The euro zone may be in recession but the region’s efforts to repair budgets, cut labor costs and improve competitiveness is signaling a more dynamic future for its economy, according to a report commissioned by a European think tank The Lisbon Council and Germany-based Berenberg Bank.
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Debates over nature or nurture and their impact on shaping a person’s life continue to dominate evolutionary theory, but according to one author everyone has the potential to be “great” — without being a natural born genius or having an ivy-league education.
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As France loses its coveted AAA-rating, economists are questioning whether the tide is turning for a country that has enjoyed record low borrowing costs, and indeed whether the second largest economy in the euro zone is in jeopardy.