ON AIR NOW
Click to Play
Bitcoin Cash: $ USD
The International Monetary Fund is being lined up potentially to help Italy and Spain amid growing fears that a European rescue scheme will not be able to prop up the countries.
For observers who fear a breakup of the euro zone might be at hand, Chancellor Merkel has a pointed rebuke: It’s never going to happen. But some banks are no longer sure, especially as the debt crisis threatened to ensnare Germany itself
The march comes as Egypt’s Stock Exchange (EGX) Chairman Mohammed Omran rejected suggestions another closure could occur if turmoil persists in the country. The EGX shut its doors for almost two months on January 27, sparking outrage from both domest
The debt crisis struck at the heart of Europe on Wednesday, as Germany fared surprisingly poorly at a bond auction and its leader feuded with top European Union officials over their push for jointly guaranteed debt.
A "disastrous" German bond sale on Wednesday sparked fears that Europe's debt crisis was starting to threaten even Berlin, with the leaders of the euro zone's two biggest economies still at odds over a longer-term structural solution.
Until recently, the concern about Europe has been mostly theoretical--a potential train-wreck that would occur if/when the world's lenders decided that the continent's problems extended beyond the basket case known as Greece and cut lending to Europe
A "disastrous" German bond sale on Wednesday sparked fears that Europe's debt crisis was even beginning to threaten Berlin, with the leaders of the euro zone's two strongest economies still firmly at odds over a longer-term structural solution.
The markets are ready to take a dump and in desperation the IMF had to create an headline that would slow the death spiral, soooo here you go. Just announced on CNBC (so you know it's a propaganda ploy)
“We seem to have entered the last days of the euro as we currently know it. That doesn’t make a break-up very likely, but it does mean some extraordinary things will almost certainly need to happen – probably by mid-January
Spain's short-term borrowing costs hit a 14-year high on Tuesday as political uncertainty over a solution to the euro zone's sovereign debt crisis hit another vulnerable southern European economy.
Euro-zone bond markets suffered another sell-off Tuesday, with investors especially dumping short-term debt after Spain was forced to pay a heavy price to auction its latest brace of Treasury bills.
France came under heavy fire on global markets on Tuesday reflecting fears that the euro zone's second biggest economy is being sucked into a spiraling debt crisis after a warning that Paris's failure to adapt should be "ringing alarm bells".
The global economic situation is becoming more dire every day. Approximately half of all US banks have significant exposure to the debt crisis in Europe. Much more dangerous for the US taxpayer is the dollar's status as reserve currency
(Reuters) - Following a now-familiar script, Europe again averted disaster in its debt crisis when German lawmakers rallied behind Chancellor Angela Merkel to approve a stronger euro zone bailout fund on Thursday.
Greek lawmakers approved an unpopular property tax law on Tuesday that is crucial to a new austerity campaign the government has proposed so it can meet the terms of its international bailout and continue receiving aid funds.
In a scary and painfully frank interview a freaked out BBC interviewer is visibly shaken when market trader Alessio Rastani predicts that the "Market is Toast." Apparently there is nothing Euro governments can do.
PBS NewsHour Markets on Monday continued to show anxiety over the European debt crisis as Greece held an emergency conference with creditors, trying to calm fears of default. Speaking with Judy Woodruff, World Bank President Robert Zoellick ur
Stocks fell and the euro dropped 1 percent on Monday as investors worried about Europe's fumbling attempts to solve the euro zone debt crisis and awaited a meeting of the Federal Reserve for clues on whether it will offer fresh stimulus for the sputt
The Greek government is prepared to lean on property owners as the nation faces default and anti-austerity demonstrations once again turn violent.
CNBC Video - Jim Rogers
A Greece bankruptcy would actually be a good thing because "it's time for people to acknowledge reality," well-known investor Jim Rogers told CNBC Friday.
How is it that the world's fortunes hang on the life or death of a murderous thug that the US has been supporting for 30 years? And why, in fact, if Yemen's President Ali Abdullah Saleh is so important, isn't it common knowledge?
Now that the military is firmly in control of Egypt following the country’s CIA and Freedom House staged color revolution earlier this year, it is time for the bankster elite to force their economic snake oil on the Egyptian people.
It’s nice to be back in Chile. This is a country that I have come to love and appreciate over the last several years, not only for its incredible beauty and highly civilized culture, but also for the massive opportunities that await energetic, profes
There is a solution to every economic crisis, even PIGish over-spending. Friends help friends, after all, and nations help nations.
World oil prices advanced on Tuesday as fighting raged on in Libya, a significant exporter of crude before the current crisis. In New York, crude for April delivery closed at $104 dollars a barrel, up $1.67 at the end of Monday trade. In London
Saudi King Abdullah returned home on Wednesday after a three-month medical absence and unveiled benefits for Saudis worth some $37 billion (23 billion pounds) in an apparent bid to insulate the world's top oil exporter from an Arab protest wave.
The protests that have rocked the Middle East have found their way to the Midwest, as problems from a bad global economy has sparked these demonstrations.
From the when all else fails department As a follow-up to the story on the results of the G20 meeting in Paris, this picture caught Tim Geithner, apparently an amateur magician, attempting to levitate the yuan from its artificially maintained leve
The topic ... is the global economy going up down or sideways, can 20 nations with conflicting agendas agree to anything and is the G20 a help or hindrance? ... Discuss (Coffee Talk, SNL) What the actual G20 statement actually says or mandates, if
