Bank debt crisis has reached point where governments need to move decisively, Europe's central banker says. Fears of government defaults have spread to markets and fears about bank debt and funding.
10/11/2011 01:37 pm
In Pictures Joe the Plumber
If Occupy Wall Street coalesces into something like a real movement, the Democratic Party may have more difficulty digesting it than the GOP has had with the Tea Party.
10/11/2011 01:00 pm
Yulia Tymoshenko, the Ukrainian opposition leader, was sentenced to seven years in prison for 'criminal abuse' during her term as prime minister, though critics say the trial was politically motivated.
10/11/2011 12:29 pm
An engineer says microloans and cooking oil can make over a fleet of old jeepney buses, and a city in the Philippines is ready to jump on board.
10/11/2011 11:54 am
Some European nations' debt will have to be forgiven to resume growth. Those responsible for the financial turmoil must pay, rather than the poor. And Europe must unify its fiscal policy.
10/11/2011 11:35 am
Egypt's Finance Minister Hazem el-Beblawi resigned Tuesday, leaving Egypt's finances on an uncertain path.
10/11/2011 11:13 am
Cattle farmers in Texas are moving their herds north, to greener pastures.
10/11/2011 11:00 am
Oil prices rebound on positive moves from Europe after dipping to 12-month lows. Lower oil prices had caused US gasoline prices to drop 27 cents in a month.
10/11/2011 10:40 am
Either Europe develops into a political union or it moves backward as a continent of nation-states that have neither political nor economic clout – surpassed by China and other emerging nations.
10/11/2011 10:38 am