A period of weak stock markets and strong dollar is likely to come after the strong rally in developed and emerging markets alike, Marc Faber, the author of "The Gloom, Doom and Boom Report," told CNBC.
The world economy still risks a double-dip recession if oil prices rise toward $100 per barrel and if huge U.S. government debts frighten investors, Nouriel Roubini, professor of economics and chairman of RGE Monitor, told CNBC.
The world economy needs a second stimulus if it is to avoid the fate of Japan in the 1990s when it was stuck with years of sluggish growth, Nobel laureate and professor of economics Paul Krugman told CNBC.
The winner of one of Britain's most coveted jobs says her new profession is abandoning the housing market to live in a cave. And she says it's a step up.
The worst may not yet be over for the global economic crisis as world trade could continue to contract by another 10 percent in volume terms this year, Pascal Lamy, director general of the World Trade Organisation, told CNBC.
Stock markets in the US and Europe are likely to see a significant rally if indexes manage to rise further from current levels, analyst Clem Chambers, CEO of ADVFN, told CNBC Monday.
Low-cost airline Ryanair, which mulls making passengers carry their own bags to hold and asking for £1 for the use of in-flight toilets, is now looking into offering standing room for passengers on its planes.
A former Austrian fund manager is being investigated by prosecutors who believe she was paid more than $40 million to channel billions of dollars of investments to Bernard Madoff, the Wall Street Journal reported.
Wacky fruit and vegetables made a dramatic return to supermarket shelves throughout Europe for the first time in more than 20 years Wednesday, after the European Union scrapped rules governing the size and shape of produce.
French restaurants and bars are likely to get a boost from a tax cut to 5.5 percent from 19.6 percent.
If you want to ride out the rest of this recession in a cave, that’s fine — just make sure it’s up to code. Just one of the valuable recession lessons you can learn from a caveman!
If gold is the ultimate sanctuary for small investors who have taken furious flight to quality, then Thomas Geissler may have invented the ultimate vending machine.
The fall in asset prices brought on by the financial crisis has shrunk the size of sovereign wealth funds belonging to oil-rich countries and Asian exporters, the World Street Journal reported on Wednesday on its Web site.
Eastern Europe will recover by the end of next year as government stimulus measures start to take hold and banks return to the region, Thomas Mirow, president of The European Bank for Reconstruction and Development, told CNBC.
The singe European currency may bring the end of the whole European Union, because its one-size-fits-all approach means countries on the "wrong" side of the economic cycle lose out, European MP Nigel Farage said.
The risks of investing in the US seem as high as those for investing in certain emerging markets, particularly in the short term, Paul Ramscar, assistant director of private clients for Tyche in Hong Kong, told CNBC Thursday.
The recent rally in stocks has run out of steam and there are no reasons for it to come back, two analysts told CNBC Thursday.
Danske Bank has access to fresh capital if economic conditions worsen, as recent commitments for a loan from the government would provide it with enough of a cushion, an analyst with financial services investment bank KBW told CNBC.com Monday.
The results of the stress tests on 19 of the biggest US banks have left European banks exposed, as they now look vulnerable to recapitalization needs and to claims that not all checks were made to ensure rules were being followed, analysts said on Friday.
There were any number of optimistic statements made last week. The G-7 finance ministers and central bankers said in a statement that "the pace of decline in our economies has slowed and some signs of stabilization are emerging." Treasury Secretary Timothy Geithner said, "There are signs that the pace of deterioration in economic activity and trade flows has eased." Both Geithner and the G-7 leaders warned that what they see are encouraging signs but warned downside risks are still present.