The coalition government in Germany, the biggest contributor to the eurozone rescue fund, appears split over over a possible sovereign default for Greece.
Global markets reflect worry about rising interest rates for eurozone's weakest nations and possibility of a US recession. Among global markets to tumble most: Germany, down 5.3 percent and France, down 4.7 percent.
Finance Minister Yoshihiko Noda won the Democratic Party of Japan (DPJ) presidency Monday and will replace Naoto Kan as prime minister. The aftermath of the tsunami and earthquake will test his leadership.
Stocks up in Asia, Europe after Fed chairman's speech. Futures point to higher open for US stocks.
AAA credit rating for the US remains in place for Fitch Ratings, even though Standard & Poor's downgraded the US from its AAA credit rating
Japan's aging population is resulting in a quickly shrinking workforce and low prospects for growth. Engaging women in the workforce more fully could help, but there's cultural resistance.
Asian stocks fell more than 5 percent Friday, after the worst day on Wall Street since December 2008.
The Dow suffered its worst day since December 2008, when the US was sliding into recession. The flight to bonds was so extreme that stock market investors were paying the US to hold their money.