Because the euro will probably depreciate as a result of fiscal austerity, the effect on inflation in countries tightening fiscal policy will be uncertain.
France and Germany disagree over the best way to handle Europe's sovereign debt crisis and their collapsing common currency, the euro. Some analysts think it could strain European unity.
As the world starts to focus on its debt crisis, Greece's financial woes may presage problems to come in Europe and the United States – with implications for your bank account and stock portfolio.
Resistance grows across Germany to bailing out other debt-ridden countries. Will Germany drop the euro?
As differences persist over how to handle the debt crisis, momentum builds among European Union nations to either drop the euro or form new currency alliances.
South Korean stocks continued to fall Tuesday on reports that North Korea was preparing for military action and had accused the South's Navy of trespassing.
European stock markets fell again and the American stock market opened lower over European worries on Monday.
A Palestinian boy runs through an alley in Jerusalem's Old City on Thursday.