There is a larger measure of agreement on solving the euro zone debt crisis, as everybody understands the seriousness of the situation, the IMF's first deputy managing director tells CNBC at the Saint Petersburg International Economic Forum.
Oil fell to its lowest levels in a year and a half on Thursday, the outlook for oil remains weak and sanctions imposed on Iran are likely to make matters worse, Dan Yergin, co-founder and chairman of energy research consultancy Cambridge Energy Research Associates (IHS CERA) told CNBC.
Public sentiment seems strongly against Obamacare, perhaps reflecting the $235 million that's been spent on ads attacking it, compared with $69 million in favor, The New York Times reports.
European policymakers should come up with a sweeping solution to stop the spreading of the debt crisis sooner rather than later, to restore confidence to markets, participants in a panel organized by CNBC at the Saint Petersburg International Economic Forum said on Thursday.
Edward Lazear, Stanford University economics professor, discusses the outlook on the economy and takes a look at policy changes that could turn the downward trend around.
Russia's success in the eyes of foreign investors hinges on how the country will deliver on its promised privatization process – and officials present at the Saint Petersburg International Economic Forum (SPIEF) were quick to reassure markets that they still mean business.
“I doubt it will be enough,” a chief economist tells CNBC.com. “This is just 2 percent of GDP, and I would expect the cost of a euro zone breakup to be bigger than that for Russia.”
Former House Speaker Newt Gingrich, discusses the Holder case, President Obama's administration and job creation, with Radio Show Host Lars Larson and CNBC's Joe Kernen.
In ten days on July 1st a sweeping European Union ban on Iranian imports will go into effect in response to the Islamic Republic’s burgeoning nuclear program. In addition, and just as importantly, EU based insurance firms will no longer be able to insure any ship carrying Iranian oil.
Former Minnesota Governor Jesse Ventura explains why he thinks U.S. politics and the government has become its own 'gangsta's paradise.'
Sen. Marco Rubio, (R-FL), discusses the housing market in Florida; how the US can profit from free trade agreements in Latin America; and why the nation needs to update its immigration laws.
CNBC's John Harwood reports on the details of President Obama's comments on the Greek election; and CNBC contributors Steven Rattner and Tony Fratto, and Steve Forbes of Forbes Media, weigh in. "At the end of the day, the voters are going to understand that President Obama saved this financial system and this economy," says Rattner.
If health care reform is not thrown out entirely, House GOP leaders plan to force an immediate vote to repeal President Obama's signature law, The New York Times reports.
They toppled a pharaoh, but now the small circle of liberals, leftists and Islamists who orchestrated Egypt’s revolution say they realize they failed to uproot the networks of power that Hosni Mubarak nurtured for nearly three decades, the New York Times reports.
Sheldon Adelson and his wife have given $10 million to a super PAC backing Mitt Romney, making them by far the nation's biggest campaign donors, The New York Times reports.
Europe needs a fiscal and banking union if it is to survive “the worst crisis” since the European Union’s creation, Spanish Prime Minister Mariano Rajoy said in an open letter to leaders on Wednesday.
David Cote, Honeywell International chairman & CEO, discusses what CEOs want to hear from Mitt Romney; the strength of the U.S. economy; and the politics of trade.
Crisis-hit states cannot return to external and internal balance without higher spending and inflation in the core, writes the Financial Times' Martin Wolf.
CNBC's Eamon Javers reports on the latest details of Eric Holder's potential resignation; and House representatives Charlie Rangel (D-NY) and John Mica (R-FLA), weigh in.
The stability of the global economy hangs in the balance as Greeks go to the polls this coming Sunday to choose who will lead their country.