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Congress Political Leaders

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  • Forget Risk On, Stay Defensive: Analyst Tuesday, 31 May 2011 | 7:19 AM ET
    Euro bills

    The euro is gaining and stocks are following the single currency higher, but investors should avoid chasing the risk-on trade according to one analyst.

  • EU Set to Kick Greek Can a Little Further Tuesday, 31 May 2011 | 7:13 AM ET
    A man walks outside the Bank of Greece headquarters during a demonstation against government's austerity measures in central Athens.

    Following months of talks, Germany now appears ready to drop demands it has made in order to allow Greece to restructure its debt and prevent the government in Athens from running out of cash over the summer.

  • Will the Egypt Stock Market Rally Continue? Tuesday, 31 May 2011 | 3:55 AM ET
    egypt_2nd_revolution_crowd2_200.jpg

    The pledge that emerged from the G8 summit in Deauville sees international development banks supplying $20 billion in aid to Tunisia and Egypt for 2011-2013. That is in addition to bilateral support.

  • Former Bank Head Arrested on Sexual Assault Charges Tuesday, 31 May 2011 | 2:54 AM ET

    A former chairman of one of Egypt's major banks was arrested Monday on charges of sexually abusing a maid at a Manhattan hotel, just weeks after the arrest of former International Monetary Fund chief Dominique Strauss-Kahn on similar allegations, police said.

  • Not a Flashy Investor, Just Successful Tuesday, 31 May 2011 | 2:03 AM ET
    exec_boardroom_200.jpg

    The money manager Martin D. Sass loves a good bargain. He snapped up his 1995 Donzi motorboat after it had been repossessed from its previous owner. He made a take-it-or-leave-it offer for a home on Long Island that had been on the market for years, only to later discover he had bought Vincent Astor’s summer home, the New York Times reports.

  • Piazza Venezia, Rome, Italy

    Some market players have said Italy will be the next to ask for a bailout but  Federico Ghizzoni, chief executive of Italian bank Unicredit, told CNBC that the country is in a totally different situation than Greece.

  • Markets Fret About Euro 'Slow-Motion Car Crash' Monday, 30 May 2011 | 5:37 AM ET
    greece_flag_200.jpg

    Reports that Greece has not met any of the fiscal targets set by the International Monetary Fund (IMF) and the European Union (EU) as part of its 110 billion euros ($157 billion) bailout knocked down the euro Monday, as other countries in the euro zone are threatened with being dragged into the Greek morass.

  • Putin Hints at Conspiracy Over Strauss-Kahn: Report Monday, 30 May 2011 | 5:18 AM ET
    Vladamir Putin

    Russian Prime Minister Vladimir Putin has hinted that there is more to Dominique Strauss-Kahn’s arrest on charges of sexual assault than meets the eye, according to various media reports.

  • Being a New Face Will Help Me Beat Obama: Pawlenty Friday, 27 May 2011 | 12:03 PM ET

    Republican presidential contender Tim Pawlenty said he can unite the party and defeat President Obama in 2012.

  • IMF 'Not Contemplating' Greek Debt Restructuring Friday, 27 May 2011 | 8:53 AM ET
    WASHINGTON, DC - MAY 19: International Monetary Fund First Deputy Managing Director, John Lipsky prepares to speak at the Peterson Institute, on May 19, 2011 in Washington, DC. Lipsky who is acting as Dominique Strauss-Kahn's replacement delivered this years annual lecture on global recovery and global cooperation. (Photo by Mark Wilson/Getty Images)

    The IMF is sticking to a program that "does not contemplate" Greek debt restructuring, acting managing director John Lipsky told CNBC on the sidelines of the G8 conference in Deauville, France.

  • Young and Restless in Spain as Jobless Rate Soars Friday, 27 May 2011 | 6:53 AM ET
    Demonstrators block a police car on the parking lot of the Madrid transport bus company during the general strike held in whole Spain in Madrid as unions launched a 24-hour general strike all around Spain to protest tough government labor reforms and austerity measures.

    The first thing Silvia Huelves was told when she started studying architecture was that she should take up Chinese or Japanese -- she was never going to build anything in Spain any time soon.

  • Commentary: Egypt's Second Revolution Starts Here Friday, 27 May 2011 | 4:44 AM ET
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    It feels strange to be on a flight back to Tahrir Square in downtown Cairo, to cover what’s been dubbed Egypt’s Second Revolution. The last one, which brought down the regime of former President Hosni Mubarak, was just over three months ago.

  • The media/press is going to slather over the election in New York and how the Democrat beat the Republican in the race in a normally Republican district. The outcome should not only be disconcerting for Republicans, but also for investors who own US Treasury securities.

  • Serbia Captures Mladic, Eases EU Entry Thursday, 26 May 2011 | 8:49 AM ET
    BELGRADE, SERBIA - FEBRUARY 24: A Serbian Radical party supporter holds a photo of war crimes suspect Ratko Mladic at a rally in Belgrade February 24, 2006. A Serbian ultranationalist party on Thursday urged fugitive Bosnian Serb general Ratko Mladic not to surrender to the UN warcrimes court, despite mounting pressure on Belgrade to hand over one of the most wanted suspects of the Balkan wars in 1990s. (Photo by Milos Bicanski/Getty Images)

    The arrest of war criminal Ratko Mladic, alleged architect of the Srebrenica massacre in 1995, tears down one of the remaining barriers preventing Serbia joining the European Union.

  • UK's Cable Sees New Economic Bomb Going Off: Report Thursday, 26 May 2011 | 7:08 AM ET
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    The UK has failed to make enough structural changes to its economic model to avoid another financial crisis, Vince Cable, the UK’s Secretary of State for Business, Innovation and Skills told the New Statesman magazine.

  • Doha Round at Risk of Collapse, Report Warns Thursday, 26 May 2011 | 6:23 AM ET
    Souk Waqif at dusk Doha, Qatar.

    The Doha round of negotiations on world trade faces collapse unless world leaders can reach a final agreement to lift trade tarrifs before the end of the year, a new report by the governments of the UK, Germany, Turkey and Indonesia warned on Wednesday.

  • BP-Rosneft Shows Russia Is 'Not Investable': Browder Thursday, 26 May 2011 | 1:24 AM ET
    russia_building_200.jpg

    The collapse of a BP share-swap deal with Russian state oil company Rosneft is just one of a string of failures which show that Russia is "uninvestable", according to William Browder, once the country’s largest portfolio investor.

  • Cut The Military, Not Medicare: Rep. Barney Frank Wednesday, 25 May 2011 | 5:16 PM ET
    frank_barney_cnbc_200.jpg

    If the U.S. Congress hadn't approved the military operations in Iraq or Afghanistan during the Bush presidency there wouldn't be the need to raise the debt ceiling now, U.S. Rep. Barney Frank told CNBC Wednesday.

  • Commodities Tomorrow Wednesday, 25 May 2011 | 4:00 PM ET
    Commodities Tomorrow

    CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where gold, oil and precious metals are likely headed tomorrow.

  • Global Crisis 'May Not Be Over Yet': OECD Wednesday, 25 May 2011 | 10:55 AM ET
    global_markets_3_200.jpg

    The US and Japan “have yet to produce credible medium-term plans” to stabilize their debt, while other countries need to provide more clarity on how their fiscal consolidation targets will be met, according to the Organisation for Economic Cooperation and Development’s 2011 Economic Outlook, which says that risks to the global recovery remain significant.