So much for the idea of a levered Euro-TARP. German Finance Minister Wolfgang Schaeuble told lawmakers the European Financial Stability Facility would not be used to create a leveraged bailout vehicle, according to Dow Jones Newswires.
The U.K. deputy prime minister said on Thursday that any solution to the euro zone crisis must not lead to some member states dictating terms to other European nations—such as the U.K.—that are outside the currency union.
Germans vote yes on bailout powers, commodity prices bite - it's time for your FX Fix.
Gov. Rick Perry (R-TX) explains why he thinks anyone on social security benefits right now need not worry but those who will receive benefits should worry about a fix to the program. He also weighs in on President Obama's healthcare plans and his ideas for an effective healthcare plan without driving up costs.
Economists at Citigroup have again cut their global gross domestic product forecasts for 2011 and 2012 as growth prospects “continue to deteriorate quickly.”
Stocks rallied on Monday and Tuesday on hopes that policy makers where about to get their act together and unveil a credible solution to the euro zone debt crisis. On Wednesday the bears where back in charge as stocks and commodities came under renewed pressure amid fears a euro zone resolution was not as close as had been hoped.
Just when you thought it might be safe to tiptoe back into risk-on currencies, along comes Wolfgang Schauble to trash the European debt plan.
As the sovereign debt crisis is hits Europe and the idea of a double dip recession is starting to spread all over the world, G20 labor ministers gathered in Paris on Tuesday said job creation, particularly by small enterprises, was crucial in overcoming the financial crisis and warned that austerity measures needed to be balanced with the creation of jobs.
As European markets fell Wednesday immediately after European Commission President Jose Manuel Barroso confirmed plans for a financial transaction tax, the idea was met with scorn in some quarters.
In the aftermath of the MENA turmoil, Japan’s triple crisis, the U.S. debt-ceiling debacle and the latest round of the Eurozone turmoil, the world economy remains closer to “serious damage” than ever since fall 2008. Globalization is at risk.
The UK needs a new economic plan for the 21st century that rewards the real wealth creators and not just "predators who are just interested in the fast buck", the Labour party leader - the UK’s main opposition party - Ed Miliband said on Tuesday.
Donald Trump, Trump Organization chairman/president discusses his plans to expand in Asia, and his meeting with presidential candidate, Mitt Romney.
They are rich. They are unattached. They are looking for a little excitement. Meet the Draft Christie committee, a small but influential group of Republican-leaning donors and activists, many based in New York, united by a shared desire to see Gov.Chris Christie of New Jersey run for president. The New York Times reports.
Reading news from Washington DC, while spending a week in China, it seems to me that some members of Congress are backing policies that would make America much more like China — without any of the economic benefits.
Think the potential European debt plan will give the euro a significant lift? Think again, this strategist says.
Carly Fiorina former HP CEO and vice chairman of the National Republican Senatorial Committee discusses the U.S. economy and politics and its impact on the business community.
As Shadow Chancellor Ed Balls wrapped up his speech to the Labour party conference on Monday, one thing became abundantly clear: Labour still have a trust issue when it comes to the economy.
Miroslav Singer, Governor of the Czech National Bank, joined CNBC to discuss the Czech Republic's economic prospects.
Standing in the living room of their house, now full of mud, slime and debris, Helen and Peter Kelly cannot believe that Congress is bickering over disaster aid to people like them. The New York Times reports.
It's back to the future as Congress tussles over a continuing resolution to fund the government. Here's how to trade on the brinkmanship.