The world debt overhang is threatening the world recovery, because markets will realize at some point how risky it is and the yields on bonds will increase, Niall Ferguson, professor of history at Harvard University, told CNBC Thursday.
Withdrawing economic stimuli and tightening monetary policy are difficult choices, but asset bubbles are cropping up, Nouriel Roubini told CNBC in Davos.
The European Central Bank will start phasing out the measures it took to boost liquidity at the height of the crisis and it cannot cater to the needs of individual countries with problems, Axel Weber, ECB governing council member, told CNBC Wednesday.
The German reinsurance giant Munich Re says its happy Warren Buffett has a built a stake in the company worth over $1 billion.
Organizers may have created a low-carbon, green zone for the occasion of the 40th annual global gabfest in the Swiss mountain two on Davos, but it may no longer be the best environment for high-profile chatter on climate change.
The budget problems of EU members Portugal, Ireland, Greece and Spain have made the unflattering acronym, PIGS, common parlance in global economic circles, such as that of the World Economic Forum's annual meeting in Davos, Switzerland this week.
Monetary policy will be a hot topic at conference, where participants will no doubt be debating who first, how much and when.
A year ago, the opinion makers at the annual World Economic Forum in Davos were so riveted by fears of global warming that they paid little attention to another threat. Not this year.
Developing economic powerhouses like China, India and Brazil will lead global growth this year, while the US, Europe and Japan will lag.
Japanese stocks are the most undervalued in the world, according to fund managers surveyed by Bank of America Merrill Lynch.
Suddenly the rest of the world – and that mainly means the Anglo-American world – has discovered that German Chancellor Angel Merkel has had a “difficult start” to the new year and that her coalition is “troubled by perpetual squabbling”.
Expect 2010 to be much more turbulent year geopolitically speaking than last year, according to the latest report out by Eurasia Group.
Fears are growing that Greece or another weak country may default on its sovereign debt obligations, forcing the richer countries in Europe to ride to the rescue or face the risks, the New York Times reports.
Analysts predict the U.S. currency will build on its end-of-the-year gains, but it will only be a modest rally on the back of the improving economy and higher interest rates.
Japan's Hitachi said on Tuesday it expects a delay of a few months in clinching a British high-speed railway deal worth over $5.6 billion -- a deal it hopes will add momentum to its push into the overseas market for eco-friendly trains.
European heads of states appointed Baroness Catherine Ashton as the European Union's foreign-policy chief, the so-called first EU Foreign Minister, Thursday evening.
A British charity is pioneering the idea of reducing the country's bulging debt by encouraging people to buy gift vouchers that will be sent to the Treasury.
Smart investments lie in those companies that are boosting market share, creating healthy balance sheets, and taking advantage of price leadership, according to Javelin Wealth Management CEO Stephen Davies.
General Motors is already feeling the backlash of its decision not to sell European automaker Opel to Magna International, as workers in Germany went on strike. GM faces not just ire over American-European cultural differences, but worker unease at job security, European-style.
The Bank of England's injection of 175 billion pounds ($289 billion) into the economy hasn't yet pulled Britain out of recession, and the central bank now faces a difficult decision on whether to raise the stakes.