Topic: Euro Zone
Top galleries, list articles, quizzes
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'Fiscal cliff' 101: 5 basic questions answered
President Obama and congressional leaders are working to stop the US from going over the “fiscal cliff,” a combination of higher taxes and lower spending set to take effect Jan. 1. Here are five steps to understanding what's going on.
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How the world is reacting to Obama's reelection
From China to Iran, President Obama's reelection elicited everything from celebration to doubt about his second-term agenda. Here are 11 responses:
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Focus Recession in America? 10 questions assessing the threat.
Concerns about weak economies in Europe have already rattled global financial markets, and things are hardly rosy at home. Is America heading into a recession? Here are answers to 10 questions about that risk.
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Briefing What would happen if Greece exited the eurozone?
Rumors are rife of a Greek exit from the eurozone. While no country has yet dropped the common currency, there are some indications of what will transpire if Greece does.
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Where gas prices are highest
Gasoline is a very visible price, and closely watched by many drivers. Petroleum prices impact many products, from food to industrial production. While the cost of crude is the major factor in gasoline price volatility, some countries levy taxes on fossil fuels. Here are ten countries where high gas prices are the norm, according to British insurance firm Staveley Head.
All Content
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Germany says 'time is money,' and additonal funds for Greece aren't an option
Germany's economic minister said Greece needed to stick to their time table for bailout reforms. Greece has asked for 'time to breathe' before making budget cuts and economic reforms.
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Samaras goes on charm offensive in bid to give Greece more time
German Chancellor Merkel remained cool to the Greek prime minister's pleas in Berlin for more time to implement economic reforms. Samaras travels to France Saturday.
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Jobless claims rise. Wait, that's good news?
Jobless claims were projected to drop last week, but they rose unexpectedly instead. But despite the scary numbers, the jobless claims data may include signs that the economy is making forward progress.
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Greek premier will meet with Merkel and Hollande in bailout extension talks
The Greek premier will be meeting with eurozone leaders this week to negotiate an extension to Greece's timetable for making financial reforms and retaining access to bailout funds.
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Stock market erases losses on Fed signals
After spending most of the day in negative territory, the S&P 500 rebounds to eke out a gain after the release of the minutes of the latest Federal Reserve meeting.
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Prospect of new wave of austerity looms over Britain
New data show Britain's tax receipts down and government borrowing up in July, prompting criticism that Cameron's Conservative government is doing 'too little, too slowly' to engineer an economic recovery.
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Stock futures nudged higher by possible ECB deal
Stock futures in the US edged higher Tuesday morning on hopes that the European Central Bank will work out a deal to help Spain and Italy borrow at cheaper rates. Stock futures on the Dow rose 0.2 percent to 13,255.
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Stocks edge up: Apple hits record high; Facebook, record low
Stocks on the S&P 500 index are close to a four-year high while a closely watched fear index briefly touches five-year low.
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Global News Blog Winner of most 2012 Olympic defections: Cameroon
Economic misery (or opportunity) drives many Olympic athletes to defect in modern times, but political defections still plague communist bloc teams such as Cuba.
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The Monitor's View Put a light on Europe's shadow economy
The euro crisis stems in part from countries like Greece not collecting taxes on a sizeable 'shadow' economy. These off-the-book activities need to be brought into the light of legal, taxable commerce.
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Eurozone economy shrinks. Germany ekes out growth.
Eurozone conracts by 0.2 percent for the second quarter. Germany manages a slightly better-than-expected 0.3 percent, while debt-laden euro nations shrink.
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Robert Reich Bold campaign pledge? Three weeks paid vacation for everyone.
Most Americans get only two weeks of paid vacation. A quarter don't get any at all. Obama, Romney could get votes and boost workforce.
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Global Viewpoint Germany must shift from crisis mode to steady leadership in Europe
Germany must lead the way from the euro crisis to political union in Europe, writes former Italian Prime Minister Romano Prodi. Berlin should convince all European partners of its determination to follow the federal path and propose a clear road map toward a federal Europe.
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Chapter & Verse 'Why Nations Fail': Will this be China's century?
MIT economist Daron Acemoglu analyzes the Chinese system and the challenges the country may face.
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Chapter & Verse 'Why Nations Fail': Is Egypt's new democracy real or a sham?
'Why Nations Fail' author Daron Acemoglu advises looking to Turkey's history for a hint.
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Chapter & Verse 'Why Nations Fail': Can the eurozone hang together?
'Why Nations Fail' author Daron Acemoglu compares the EU to the 13 American states pre-Constitution.
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Chapter & Verse 'Why Nations Fail': Can elites choke American prosperity?
Writer Daron Acemoglu says ancient Venice could teach the US a historical lesson.
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Chapter & Verse 'Why Nations Fail': co-author Daron Acemoglu offers a comprehensive theory
'Why Nations Fail' co-author Daron Acemoglu suggests that centralized power, rule of law, and open competition are the keys to national success.
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Verbal Energy A tobacco moment, a fiscal cliff, and a Grexit
It's great to have such memorable shorthand phrases for the complex financial problems we're going through; but a few years from now, will we even remember what they meant?
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The New Economy US jobs report eases global gloom
The better-than-expected US jobs report suggests the US is not following Europe into recession. But some analysts worry that head winds will keep growth anemic.
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Markets tumble after European bank fails to promise bond bailout
The European Central Bank's announcement today expressed a willingness to prop up the bond market but without providing any specifics on how much it would spend, for how long, or starting when, dashing expectations that the continent had unified around a remedy for the eurocrisis.
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The Reformed Broker How are value managers predicting global markets?
The economy is slowing and the stock market is wildly unpredictable. Here's how one world-class value manager is weathering the storm.
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Geithner meets eurozone leaders: a step toward taming debt crisis?
In Europe, US Treasury Secretary Geithner backs the European Central Bank's pledge to do 'whatever it takes' to save the eurozone from a potential breakup and boost economic growth.
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Did Romney start off on the wrong foot in London? (+video)
In U.S. presidential candidate Mitt Romney's first stop on his tour abroad, he faced challenges both from British Prime Minister David Cameron and from London's mayor. Romney now begins his trip in damage control mode.
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Spain's borrowing costs soar. Bailout needed?
As interest rates soar and investors distrust Spain's creditworthiness in the short term, the country faces a sovereign bailout.
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