The Greek 'bailout' is flawed. Beyond the typical political hostility, the structure of the plan has three weak links.
It is in the interests of all parties to support a strong financial services sector, one that can provide the lending required by businesses and individuals to drive the economic recovery forward.
Russian consumers are able to spend, the Russian government has significant room to maneuver, and there is no need to endure a long and painful process of systemic deleveraging - all of which make Russia a smart play for growth-oriented investors.
The EU banned all airlines from the Philippines and Sudan from flying into the region’s airports Tuesday, citing “serious safety deficiencies” found by the UN and U.S. aviation authorities, the New York Times reports.
The risk of default for Greek debt is priced much higher than that of Eastern European countries like Romania or Turkey. But Greece is rated investment grade while the two Black Sea countries are rated below investment grade.
European stocks should power higher over the long term, but the next month could take a chunk out of the market, Julius De Kempenaer, manager at Taler Trend Fund, told CNBC Thursday.
Britain operates one of the largest welfare states in Europe. And that, it seems, is just fine with many of the British.
Opinion polls suggest Angel Merkel’s coalition will lose control of the German Senate in regional elections on May 9. No wonder she wants to fire a populist shot at voters. But in refusing to underwrite a few billion euros of Greek debt the Chancellor is playing with fire.
I nvestors wanting to take part in the market's upside but also looking to protect against the downside risks should focus on three areas , Sani Hamid, director of wealth management at Financial Alliance, told CNBC.
After weeks of backing a European rescue for the financially troubled Greece, Germany shifted course on Thursday, signaling that help should come from the International Monetary Fund rather than Greece’s neighbors, the New York Times reported.
The euro is unlikely to still exist as a currency over the longer term, the pound will fall substantially in the next few years and US Treasurys and some real estate in China are the world's two current bubbles, legendary investor Jim Rogers told CNBC.com Wednesday.
The next generation of faster mobile networks is poised to lower costs for operators and potentially unleash a new price war in the industry in Europe.
The economies to watch now are the "Emerging Seven"...Their combined gross domestic product could overtake that of the G7 this decade and open up a 30 percent lead by 2030, according to a PricewaterhouseCoopers forecast. But what will Russia look like in 2030?
Europe is looking (maybe) to form a Eurozone Monetary Fund with powers similar to the International Monetary Fund.
It never ceases to amaze how political leaders can shamelessly blame free markets and faceless speculators for the consequences of their lousy financial decisions.
Greece is likely to formally ask the European Union for financial aid if the cost of borrowing does not fall in coming weeks and, if it doesn't get it, may go to the International Monetary Fund, Greek government officials told Dow Jones Newswires.
Greek leaders' overtures for far tougher curbs on credit default swaps fell largely on deaf ears in Washington, but they'll go back to Athens with some sage advice from local policy wonks: look in the mirror and don't blame market messengers for your debt woes.
The absence of credit default swaps could push a country's borrowing costs even higher.
This year's Geneva International Motor Show, a number of luxury brands debuted concept and experimental hybrids. Take a look at what the future luxury hybrid might look like.
If islands are not a real cash option and - often deplored by Greek politicians - many of the valuable antiquities have long been pilfered (by fellow Europeans), what DOES Greece still have to sell?