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Sovereign Debt Crisis

UPDATES: German Business Owners Optimistic Despite Debt Crisis Worries

Posted 12.20.2011 | Business

BERLIN (Alexandra Hudson) - German business sentiment rose sharply in December, defying expectations for a decline and underscoring the resilience of ...

Bonnie Kavoussi

Crunch Time: Bank Downgrade, Credit Squeeze Signal Possible Return To 2008 | Bonnie Kavoussi | Posted 12.15.2011 | Business

The situation in Europe is hitting global credit markets, making it harder for companies and banks to secure loans. Investors are buying fewer corpora...

European Crisis: Pressure For More ECB Action After Summit Falls Short

Posted 12.14.2011 | Business

PARIS/FRANKFURT (Paul Taylor and Paul Carrel) - Pressure mounted on Wednesday for the European Central Bank to intervene more decisively after financi...

IMF: Eurozone Agrement Only Partial Solution To Debt Crisis

Posted 12.11.2011 | Business

TEL AVIV (Tova Cohen and Ari Rabinovitch) - An agreement reached by European countries for deeper economic integration was a step in the right directi...

The European Banking Authority (EBA) has warned lenders against being so risk-averse as to prompt a credit crunch.

Posted 12.11.2011 | Business

FRANKFURT - The European Banking Authority (EBA) has warned lenders against being so risk-averse as to prompt a credit crunch. It also said regulat...

Where Is Hamilton When Europe Needs Him?

James Bacchus | Posted 02.08.2012 | Business
James Bacchus

The fundamental problem is that for all their summiting, for all their meticulous planning, and for all their considerable progress together for more than half a century, there is still no one country called "Europe."

Bonnie Kavoussi

The Next Bank Bailouts | Bonnie Kavoussi | Posted 12.09.2011 | Business

The bank bailouts of 2008 created a firestorm of public anger in the United States. Now European leaders are trying to avoid the same fate. It's not l...

Pulling Back the Curtain on the Wall Street Money Machine

Ellen Brown | Posted 02.06.2012 | Business
Ellen Brown

We have forgotten our roots, when the American colonists thrived on a system of money created by the people themselves, debt-free and interest-free. The continued dominance of the Wall Street money machine depends on that collective amnesia.

Soros: Global Financial System On Brink Of Collapse

The Huffington Post | Bonnie Kavoussi | Posted 04.12.2012 | Business

Billionaire investor George Soros says that the global financial system is on the brink of collapse. Developed countries are falling into a "defla...

EU Leaders Seek Agreement On Rescue Plan With Euro's Future At Stake

Posted 12.04.2011 | Business

PARIS (Paul Taylor) - The euro faces a decisive week as European Union leaders, urged on anxiously by the United States, seek agreement on a convincin...

Bonnie Kavoussi

Arianna Says Greece Should Leave Eurozone | Bonnie Kavoussi | Posted 12.03.2011 | Business

Some economists have warned that the economic consequences for Europe could be dire if Greece leaves the euro. But Arianna Huffington, president and e...

Bonnie Kavoussi

Crisis In Europe Threatens Retirement Funds | Bonnie Kavoussi | Posted 12.02.2011 | Business

As Europe teeters on the edge and the eurozone faces the possibility of a breakup, Americans readying themselves for retirement may need to shield the...

Bonnie Kavoussi

Federal Reserve Keeps Europe At Arm's Length | Bonnie Kavoussi | Posted 11.29.2011 | Business

As the eurozone crisis continues to develop, pressure for the European Central Bank to act is mounting. Many want the ECB to bail out troubled Europea...

The E.C.B. Fiddles While Rome Burns

Ellen Brown | Posted 01.28.2012 | Business
Ellen Brown

To some people, the European Central Bank seems like a fire department that is letting the house burn down to teach the children not to play with matc...

Eurozone Crisis Causing Companies To Plan For The Unthinkable

Posted 11.29.2011 | Business

LONDON/BOSTON (Ben Hirschler and Scott Malone) - When Novo Nordisk's chief financial officer met marketing colleagues last Friday the conversation mov...

Bonnie Kavoussi

Crisis In Europe Threatens World Economy | Bonnie Kavoussi | Posted 11.28.2011 | Business

As a breakup of the eurozone -- a once seemingly impossible scenario -- becomes increasingly likely, economists are starting to sketch out what a post...

Fed Announces New Bank Stress Tests

The Huffington Post | Bonnie Kavoussi | Posted 11.22.2011 | Business

As the sovereign debt crisis in Europe threatens to spill over into the United States, the federal government wants to make sure that banks are prepar...

European Central Bank And The Sovereign Debt Crisis

Sheldon Filger | Posted 01.22.2012 | Business
Sheldon Filger

If the European Central Bank follows in the footsteps of Bernanke, I don't see how the results will be any different for the Europeans. Printing money may sound attractive to the desperate, but it is at best a short-term panacea.

IMF Playing Larger Role In Addressing Europe Debt Crisis

Posted 11.20.2011 | Business

WASHINGTON (Lesley Wroughton) - The International Monetary Fund is inserting itself more forcefully into Europe's efforts to resolve its debt crisis, ...

Bonnie Kavoussi

Higher Interest Rates For Strong European Countries Troubling | Bonnie Kavoussi | Posted 11.16.2011 | Business

The contagion of higher borrowing costs in Europe continued to spread on Wednesday, reaching even some of continent's strongest economies, raising nat...

Is Europe Over?

John Feffer | Posted 01.15.2012 | World
John Feffer

The social ideals that once animated the European project are dissipating fast. The current crisis and the resulting austerity measures have served to further Americanize Europe through privatization, reduction of government services, and the like.

Anti-Democratic Technocrats Proposed for Greek and Italian Debt Crises

Raymond Griffith | Posted 01.15.2012 | Business
Raymond Griffith

I was listening to NPR the other day. One item in the news struck me as particularly worrisome. The Greek debt crisis is prompting some worrying ide...

Bonnie Kavoussi

Which States Would Be Hardest Hit By Europe? | Bonnie Kavoussi | Posted 11.14.2011 | Business

As fears grow that Europe will slip into a recession amid growing financial problems, some U.S. states are more at risk of feeling the repercussions o...

Bonnie Kavoussi

Europe Struggles To Expand Bailout Fund | Bonnie Kavoussi | Posted 01.11.2012 | Business

Two weeks after European leaders trumpeted an agreement to expand a bailout fund they said would finally become large enough to prevent major countrie...

What MF Global Can Teach You About Investing

Dan Solin | Posted 01.08.2012 | Business
Dan Solin

About 150,000 customer accounts were frozen by the trustee in charge of liquidating MF Global. These customers face long delays in resolving this mess. You can learn some valuable lessons from this debacle.