The Eurozone’s policymakers are running behind warnings, and warnings are running behind the crisis. Big Bazooka 2, bailouts, printing money, and Eurobonds are only partial solutions to systemic problems and too little too late.
Italy's government debt is unsustainable and needs an orderly restructuring to avoid a disorderly default, economist Nouriel Roubini wrote on Tuesday.
Short euro positions hit a high and the Australian dollar gets a lift - it's time for your FX Fix.
New technologies, open platforms, and better governance are helping to create cities that are both environmentally responsible and economically attractive. We are increasingly witnessing the growth of intelligent cities - cities which increasingly deliver services with the aid of so-called smart technologies.
Thanks to the European debt crisis, we’re now in what the “Mad Money” host calls DEFCON three—two stages away from a huge financial collapse.
Remember when it was cool to take sides against the demands of the IMF's restrictions on aid to Latin America?
Market chatter about a European recession is increasing but Christian Noyer, governor of the Bank of France, told CNBC on Monday that despite an expected weak fourth quarter, the French and Italian economies are not as bad as it seems.
Guess where we'll be getting our cues from this week. From the bond markets and the politicians! Tadaaa! Fantastic! So something new to look for then! Unfortunately...not the case. Glancing at the agenda, the most important political event to be aware of is the Euro group meeting of Finance Ministers on Tuesday.
Christian Noyer, governor of the Banque de France, told CNBC, " I don't believe that at all, I see nothing in the fundamentals of France that would warrant a significant change in the external assessment of its economy."
John Noonan, Senior FX Analyst at Thomson Reuters says a newspaper report that the IMF could lend 600 billion euros to Italy is 'misleading'.
The stories that may well materialize in the next few weeks will be more heavily influenced by what happens this week to Europe's latest yield curve inversion, core bond rates, and policy announcements.
Italy's bond auction is a flop, and human currency traders haven't done much better - it's time for your FX Fix.
Hungary's economy ministry says a downgrade to junk status of the country's credit rating by Moody's has no real basis and is part of a series of "financial attacks" against the country.
The euro zone has weapons to tackle the current debt situation, but will need to activate the EFSF with more conviction and larger scale for it to be effective, Sir John Gieve, former deputy governor of the Bank of England, told CNBC.
Try as we might we cannot escape the euro zone crisis and its impact worldwide. Perhaps EU governments should be happy when they observe the President of the United States visiting the Prime Minister of Australia and taking time out to comment on the euro. In true Wildean fashion, it’s always better to be talked about…
Brussels will on Wednesday propose measures giving it more authority over the national budgets of euro zone states, including a requirement to submit tax and spending plans to European Union authorities before their national parliaments. The FT reports.
Investors are increasingly loath to trust the debt of many euro zone sovereigns. That is the most important lesson of recent events. Many European politicians wish to declare war on the markets. They need to remember that they want people to buy their debt, writes Martin Wolf in the FT.
Following the daily swings of the euro zone debt crisis, it can be difficult to focus on the long-term, bigger picture.
U.S. futures and European stocks are just off their lows for the day on more tail risk in Europe and the failure of the U.S. debt-reduction committee to come to an agreement.
It is perfectly obvious that the euro zone cannot run as it is without fiscal union and a surrender of sovereignty, Lord Digby Jones, former director general at the Confederation of British Industry told CNBC Monday.