Stock prices expected to fall in the US as well at the start of a key week of economic reports.
Paul Krugman recently argued that Spain and Ireland had housing bubbles, so the Fed couldn't have been responsible for creating America's. His argument is misleading.
Stock market in US is hit by concerns overseas, as a report points to heightened risk in European banks. No upward bounce from new Obama stimulus proposals.
A decade ago tuition reform was introduced to get European students to graduate in under five years. Today debate is hot over how struggling Eurozone countries can keep intact free education for all.
The prime minister of Greece, George Papandreou, says his country is earning a new credibility after its debt crisis.