In Brussels, the 16 eurozone nations agree to include the IMF in a backup bailout for Greece debt.
France, Italy, and Germany are at loggerheads over a possible Greece bailout ahead of what was to be a routine EU summit this Thursday. Greece has threatened to go to the IMF if the EU can't help with the crisis.
The sandwich in China costs half of what it does in the US, according to The Economist's Big Mac index.
Many in Ireland are stunned that the once high-flying 'Celtic Tiger' is now just another battered economy – and by fresh revelations of coverups of sexual abuse of children in the Roman Catholic church as Pope Benedict XVI apologized directly to Irish abuse victims.
The debate around exchange rates and trade balances is new again, thanks to the current economic environment.
Protesters took to the streets of Athens on Thursday over government austerity measures. But anger is also growing in Germany at being asked to finance the Greece debt bailout.
US banks are losing the opportunity to earn fees on the roughly $500 billion in planned European debt offerings this year.
A look at the wave of debt crises spreading around the globe.