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Global Economy: Some Bad News and Some Hope

Olivier Blanchard | Posted 12.09.2012 | Business
Olivier Blanchard

The world economic recovery continues, but it has weakened further. In advanced countries, growth is now too low to make a substantial dent in unemployment. And in major emerging countries, growth that had been strong earlier has also decreased.

Saving the Euro and the EU: Can Europe Do It?

Haider Khan | Posted 12.03.2012 | College
Haider Khan

With the continuous outpouring of bleak economic data from the EU, many are expressing deep pessimism bordering on despair about the prospects for the sustainability of the monetary union.

QE-ternity and Beyond

Michael Farr | Posted 09.21.2012 | Business
Michael Farr

Surprise! The Federal Reserve did something pretty much no one thought they would do: they announced dramatic additions to monetary accommodation less than two months before the elections.

Bernanke's QE3 Challenge

Harlan Green | Posted 11.15.2012 | Business
Harlan Green

Probably the most convincing evidence that Quantitative Easing works is the revival of housing sector. Economists agree that the collapse of housing values is a major deterrent to consumer spending. Housing could finally begin to recover this year.

Build a Political Europe, or Die

Bernard-Henri Lévy | Posted 11.13.2012 | World
Bernard-Henri Lévy

This is not a hypothesis, a vague fear, a red flag waved in the face of recalcitrant Europeans. It is a certainty.

Court Rejects Calls To Block Permanent Eurozone Rescue Fund

AP | DAVID McHUGH | Posted 11.11.2012 | Business

KARLSRUHE, Germany (AP) — Germany's highest court paved the way Wednesday for the creation of Europe's €500 billion ($640 billion) rescue fund for...

Politics and Draghi Speaks

Michael Farr | Posted 09.07.2012 | Business
Michael Farr

The silly season of politics is fully underway. Though it is not our habit to predict political outcomes, we are going on record with our belief that...

Keep the Pressure on Greece

Barry D. Wood | Posted 10.05.2012 | Business
Barry D. Wood

Greece's unwieldy coalition government that took office after elections in June is facing its first big challenge.

The Most Pessimistic Countries In The World

24/7 WallSt. | Michael B. Sauter, Alexander E. M. Hess and Lisa Nelson | Posted 07.30.2012 | Business

War, economic crisis, poverty, disease and overpopulation threaten the well-being of people all over the planet, and yet most people are confident tha...

'The ECB Is Ready To Do Whatever It Takes To Preserve The Euro'

Reuters | Posted 09.25.2012 | Business

LONDON, July 26 (Reuters) - European Central Bank President Mario Draghi pledged on Thursday to do whatever was necessary to protect the euro zone f...

Big Bank Predicts Greece Will Likely Exit Euro

Reuters | Posted 09.25.2012 | Business

MILAN, July 26 (Reuters) - The chances of Greece leaving the euro in the next 12-18 months have risen to about 90 percent, U.S. bank Citi said in a ...

Mark Gongloff

Worst Day In a Month For Stocks | Mark Gongloff | Posted 07.23.2012 | Business

The European debt crisis is back with a vengeance. Spanish borrowing costs soared for a third straight day on Monday, reaching dangerous levels, as...

London Fears Cash Crunch During Olympics

AP | PAISLEY DODDS | Posted 09.19.2012 | Money

LONDON -- Tourists be warned: The Olympics crush has begun in London – and so has the scramble for cold, hard cash in the pricey British capital...

Death Of The Spanish Siesta?

The Huffington Post | James Sunshine | Posted 07.19.2012 | Business

It is not just Americans who are enjoying less leisure time these days. Spanish workers are also making sacrifices. The siesta, a time-honored afte...

Let's Hear It for the European Union and the Euro

Sarwar Kashmeri | Posted 09.16.2012 | World
Sarwar Kashmeri

For obvious reasons, the financial problems of the eurozone have grabbed all the headlines. But it is important to recall what the European Union really means to Europeans. And why it is that the EU's members have been slowly but steadily ceding sovereignty to Brussels for over 50 years.

Austerity? Stimulus? Or Happiness?

Curtis Roosevelt | Posted 09.09.2012 | Politics
Curtis Roosevelt

What the business and financial people driving the economy have forgotten is that the gains they derive from profits produced by enterprise must be shared if our society is to function with any cohesion.

300 Million Viewers Watching on CCTV

Bill Marriott | Posted 09.09.2012 | Business
Bill Marriott

It's not everyday that you're interviewed on TV and 300 million viewers tune in. During my recent trip to Asia, China Central Television (CCTV) interviewed me about Marriott's growth and the global economy.

The Armageddon Trade, Round 3

Terry Connelly | Posted 09.09.2012 | Business
Terry Connelly

It's a shame that so many TV hosts have all but given up on the appearance of balanced market reporting. While the truth will emerge over time, it would be wise to recognize pessimistic opinions are no more reliable than optimistic ones.

Angela Merkel Is No Alexander Hamilton: The EU Crisis Isn't Over

Lyric Hughes Hale | Posted 09.07.2012 | World
Lyric Hughes Hale

Be prepared for bad news from Europe for the rest of the year. German Chancellor Angela Merkel is being asked to represent her country, and Europe as a whole. She simply cannot do both.

Greek Finance Minister: Greece Is Falling Short On Promised Reforms

AP | ELENA BECATOROS | Posted 07.05.2012 | Business

ATHENS, Greece -- Greece is falling short of some of the commitments it has made in return for billions of euros of rescue money, the country's new fi...

The Next Reserve Currency

Alexander Goerlach | Posted 09.01.2012 | World
Alexander Goerlach

If the heads of states now embark on the path toward more integration and sacrifice some national sovereignty for common financial policies, the euro will be the next global reserve currency. And nobody will even remember this crisis.

Austerity Policy Has Pushed Europe to the Brink

Curtis Roosevelt | Posted 08.26.2012 | Business
Curtis Roosevelt

The continual gatherings of heads of state, such as the one just concluded in Rome of Germany, France, Greece and Italy, reassure us that the euro will be saved. But the means to do so seem to be as elusive as ever.

Why Concessions, Contagion & Collapse Are Still in the Cards in Europe

Gemma Godfrey | Posted 08.25.2012 | Business
Gemma Godfrey

Greece continues to gamble with its eurozone membership with the misguided belief that it can soften demands for austerity, without threatening its bailout. Instead, it is the lack of a sufficient firewall, rather than a commitment to Greece remaining within the e

LIVE: England vs. Italy

AP | JACK BEZANTS | Posted 08.24.2012 | Sports

WARSAW, Poland — Italy beat England 4-2 on penalties after the match ended 0-0 after extra-time. The Italians will now play Germany. Here's the ...

Obama Makes Frank Re-Election Acknowledgement

AP | ANNE GEARAN and BEN FELLER | Posted 06.20.2012 | Politics

LOS CABOS, Mexico -- President Barack Obama is acknowledging that Europe's economic situation could have a spillover effect on his own re-election pro...