Topic: Euro Zone
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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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Wave of anger blankets Athens as Greece weighs new austerity measures
Tens of thousands of protesters crossed police lines as Greece's parliament prepared to vote on new austerity measures to avoid what could be a devastating default.
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Obama looks for new ways to boost struggling job market
Recent indicators have shown an economy growing slower than forecasters expected. President Obama's political fortunes could hinge on whether the economy makes progress between now and the 2012 election.
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Stocks down for sixth week, Dow below 12,000
The Dow fell more than 170 points, continuing a losing streak that is the worst since 2002.
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Opinion: Why Lagarde should be IMF chief: Women make better leaders, sans Weiner-like libido
Christine Lagarde is the right choice to replace Dominique Strauss-Kahn as head of the IMF, and not just because of her experience. Women are more effective communicators and aren't libido-led leaders, like Anthony Weiner.
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Stocks end down for fifth day after Bernanke
After gains early in the day, the session closed lower, with the Dow declining about 19 points
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E. coli's economic impact on Europe, by the numbers
The European Union is planning to offer €150 million ($220 million) in aid to European farmers who have suffered huge financial losses since the outbreak in early May of E. coli in northern Germany. The agricultural industry across Europe took a hit when inability to determine the source of the outbreak caused fear of consuming fresh produce. The question now: Is €150 million enough to make up for their losses? Here are the five countries most severely affected by the crisis.
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Stocks end lower for fourth straight session
The Dow fell about 61 points, with a weak performance by banks and energy
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Stocks close mixed ahead of jobs report
Following a dismal performance Wednesday, the Dow fell about 41 points, the S&P 500 dropped about one point, and the Nasdaq gained about four points
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Stock prices up globally, but on low volume
Stock prices mostly rise on world markets. Germany, France, and several Asian markets see stock prices go up. But markets in US, Britain closed due to holidays.
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Growing Germany has less inflation than shrinking Greece
Usually more growth begets more inflation. But ironically, fiscal austerity and higher taxes are boosting inflation in Greece, Portugal, Spain, and Italy.
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Opinion: As world burns, G8 leaders fiddle ... with the Internet. Seriously?
Sarkozy, Obama, and the other leaders at the G8 should be evaluating the policies that have brought them to the brink of financial ruin. Unfortunately, their attention will be elsewhere: on Internet regulation, for one thing.
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The pain of restoring investor confidence
Americans and Europeans have bailed out banks, run public deficits, and added to debts. What will it take to restore investor confidence?
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Stocks close lower after choppy session
The Dow fell about 25 points, after rising and falling throughout the session. A positive call on commodities by Goldman Sachs drove up the price of oil and metals.
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Stocks end sharply lower on global concerns
The Dow fell about 130 points, with rising concern that European debt problems are worsening
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Fix the IMF: Go for growth. End 'bailout nation.'
IMF doesn't just need a new leader, it needs a new mission focused on growth.
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Strauss-Kahn resignation: Who are his potential successors?
The International Monetary Fund’s managing director has traditionally been a European male, often a Frenchman. But with Dominique Strauss-Kahn’s resignation amid sexual assault charges, the job is available. A woman is among the leading candidates, and contenders from emerging markets may vie for the top spot. Here’s a look at the possibilities.
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With Strauss-Kahn out, could a non-European snag IMF post?
Lobbying has intensified for Dominique Strauss-Kahn's old job. Emerging economies may vie for the IMF's top spot.
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Why Estonia may be Europe's model country
The world's first cyberstate embraced austerity without whining even though its Soviet-era memories are still fresh.
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Gains of True Finn party point to 'Euroskeptic' surge in Finland
Major gains by the nationalistic and socially conservative True Finn party are reshaping Finland's political landscape – and bringing skepticism about European Union values to the fore.
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'Til debt do us part
As Congress heads for a showdown on the debt ceiling, it should note a study that shows industrialized nations with lower debt did better during the Great Recession. The winner? Canada.
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Stock market ends lower; investors flee risk
Stock market falls on technology slump. Nasdaq leads stock market lower with lowest close in nearly a month.
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Dominique Strauss-Kahn arrest can't distract EU from Greece
Dominique Strauss-Kahn was a key player in the negotiations. But the IMF has many able people beyond Dominique Strauss-Kahn.
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Stocks end sharply lower as oil prices tumble
After rising more than 75 points on Tuesday, the Dow dropped 130 points on Wednesday
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Opinion: Debt crisis 2.0: Facing default, Greece must ditch the euro and rethink its welfare state
A year after being bailed out, Greece is on the brink of default. To save itself, it must dump the euro and stop coddling its citizens. European nations must give up the belief that the benefits of capitalism can be accomplished without individual responsibility, risk taking, and rewards.
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Stocks end up on job news, but off highs
Dow closes up 54 points, after moving more than 170 points higher. For the week, all three major US indexes fell more than 1 percent.



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