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Congress Political Leaders

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  • Tax Reform Is Different From Tax Increases: Rep. Ryan Wednesday, 6 Jul 2011 | 5:37 PM ET
    Rep. Ryan Paul from Wisconsin

    House Republicans are willing to discuss closing tax loopholes with President Obama in exchange for lowering tax rates, House Budget Chairman Paul Ryan (R-Wisc.) told CNBC Wednesday.

  • Common Politics Muddy Waters in Rare Earth Discovery Wednesday, 6 Jul 2011 | 10:39 AM ET
    rare_earth_200.jpg

    The discovery of huge deposits of so-called 'rare earth' minerals, used in high technology products, on the Pacific sea floor should ease long-term supply constraints and end a Chinese monopoly, which had been causing strategic concerns in the West, analysts said.

  • DSK 'Seducer' Not Rapist: Biographer Wednesday, 6 Jul 2011 | 7:09 AM ET
    Dominique Strauss-Kahn with his wife Anne Sinclair at New York State Supreme court.

    The official biographer of Dominique Strauss-Kahn believes he is a "French lover" rather than a rapist.

  • Democracy Key to Egypt's Economy: Prime Minister Wednesday, 6 Jul 2011 | 5:45 AM ET
    cairo_exchange_200.jpg

    Ahead of large-scale protests planned for this Friday, Egyptian Prime Minister Essam Sharaf stressed that the government respects the right of citizens to demonstrate peacefully.

  • Moment of Truth for the Euro Zone Wednesday, 6 Jul 2011 | 2:15 AM ET
    Euro bills and coins

    The biggest question in any debt crisis is whether a credible path back to solvency can be found. For Greece, this now seems very unlikely, the Financial Times reports.

  • Currency Wars Not Over, Says Brazil Wednesday, 6 Jul 2011 | 1:00 AM ET
    globe_currency_200.jpg

    Brazil is preparing a range of additional measures to stem the damaging rise of the real as the global currency war shows no signs of ending, according to Guido Mantega, the country’s finance minister, reported the FT.

  • Euros & Downward Graph

    Growth in the euro zone's dominant service sector slowed for a third straight month in June, and by more than an initial estimate, with sluggish new orders dimming the outlook, a survey showed on Tuesday.

  • ECB Will Continue to Accept Greek Debt Tuesday, 5 Jul 2011 | 12:36 AM ET
    European Central Bank

    The European Central Bank will continue to accept Greek debt as collateral for loans unless all the major credit rating agencies it uses declare it to be in default, said a senior finance official to the Financial Times.

  • Europe, Not Fed, Is Driving Treasurys: Analysts Monday, 4 Jul 2011 | 12:54 AM ET
    Treasury Building

    The troubled periphery of the euro zone and the global economy will affect yields of US bonds more than the official end of the latest round of money-printing by the Federal Reserve, analysts told CNBC.

  • CNBC.com Market Outlook Friday, 1 Jul 2011 | 5:00 PM ET
    CNBC.com Market Outlook

    The week's top business news and investment advice, including end of QE2 plays, European equities, financial favorites and more.

  • Can DSK Become a Comeback Kid? Friday, 1 Jul 2011 | 12:07 PM ET
    Former International Monetary Fund leader Dominique Strauss-Kahn enters New York State Supreme Court for a hearing on July 1, 2011 in New York City.

    Warren Buffett famously said: "It takes 20 years to build a reputation and five minutes to ruin it."

  • Ben Bernanke press conference following rate decision.

    The end of the second round of quantitative easing in the US has been likened to a department store's biggest customer leaving the store by Tony Crescenzi, a strategist at Pimco.

  • New Twist in Strauss-Kahn Affair Shocks France Friday, 1 Jul 2011 | 7:35 AM ET
    IMF head Dominique Strauss-Kahn

    France is in shock again in the Dominique Strauss-Kahn saga, as in the latest twist of the story the Socialist politician and former head of the International Monetary Fund (IMF) could be cleared of accusations of sex crimes against a maid in a New York hotel.

  • After Historic First Half, Will 2011 Calm Down? Friday, 1 Jul 2011 | 5:51 AM ET
    New York Stock Exchange

    During a discussion over forward planning at CNBC’s London offices on Thursday our Assignments Editor told me we have been on 103 outside broadcasts in Europe and the Middle East alone in the first half of the year.

  • Queen to Profit From Income Shake-Up Friday, 1 Jul 2011 | 2:16 AM ET
    Queen Elizabeth II

    A mood of austerity may be stalking Britain, but the champagne is still flowing at Buckingham Palace thanks to a government plan to put the queen on what might be seen as profit-related pay, reported the FT.

  • The Federal Reserve headquarters in Washington, DC.

    A late rally for stocks this week helped stock investors end the first half of 2011 with gains. The Dow finished the first half higher by 7.2 percent following a small positive gain for the second quarter due to a late June rally.

  • Why a Greek Austerity Budget Will Lift the Ringgit Thursday, 30 Jun 2011 | 12:06 PM ET

    Strong medicine for Greece will jumpstart aid plans and currency investors' fears will ease, one strategist says.

  • Did Money on Mules Free French Hostages? Thursday, 30 Jun 2011 | 8:02 AM ET
    Cityscape at sunrise, Kabul, Afghanistan

    Herve Ghesquiere and Stephane Taponier, the two French journalists that had been held hostage in Afghanistan for 547 days, landed on French soil on Thursday morning. Sources talk about the unusual path taken by the ransom.

  • UK Unions Step Up as Europe's Left Wanes Thursday, 30 Jun 2011 | 4:18 AM ET
    A protester holds up a smoke bomb during a mass demonstration against government financial cuts in central London, on March 26, 2011.

    Around 750,000 British teachers, civil servants, border agents and other public sector workers went on strike on Thursday after negotiations with the government failed to come to a resolution over proposed pension reforms.

  • Emerging Markets to Give Renewable Energy a Second Wind Thursday, 30 Jun 2011 | 3:44 AM ET
    wind_turbines5_200.jpg

    High oil prices and concerns over the safety of nuclear power following the Fukushima crisis in Japan are reigniting interest in renewable energy, with wind power likely to be a major beneficiary, Tulsi Tanti, chairman of Suzlon Group, told CNBC.