Europe debt crisis solution would be joint-issued euro bonds. Germany denies reports that it has initial plans to solve Europe debt crisis with euro bonds issued by nations with triple A credit.
With German Chancellor Angela Merkel and French President Nicolas Sarkozy at odds over how to leverage bailout funds, hopes for a solution from Sunday's debt crisis summit are wavering.
Bank debt crisis has reached point where governments need to move decisively, Europe's central banker says. Fears of government defaults have spread to markets and fears about bank debt and funding.
Greece revealed today that it is in more dire economic straits than envisioned when a €110 billion bailout deal was agreed to this summer, sparking concern that Europe’s debt crisis could deepen.
Stock market woes continue as Greece admits it won't meet deficit targets. European stocks fall, along with US stock market futures.
Multinational corporations harbor and invest nearly $1.5 trillion overseas to avoid the 35 percent US corporate tax rate. Giving them a 'repatriation holiday' – a tax break if they bring that cash home and create jobs – will please both sides of the aisle and the American people.
German Chancellor Angela Merkel meets with French President Nicolas Sarkozy today to coordinate a strategy for coping with Europe's expanding debt crisis.
European leaders in Brussels today agreed to a deal for Greece that includes $156 billion in aid, private investors, and extending the maturity period on Greek bonds.
The French Alps have always been the holy grail of cycling. But this year the quest is even tougher: Tour de France cyclists will set a new record for the highest finish.