Tag: Zone

Euro falls vs dollar, yen on euro zone uncertainty

The single currency was expected to stay subdued against the dollar and the yen, with investors preferring safe-haven currencies also on renewed worries about...

Europe’s flawed banking union

The European Union is now the proud owner of a Nobel Peace Prize. When the choice alighted on Barack Obama three years ago, the...

Euro slips vs. dollar as uncertainty on Spain persists

Expectations that Spain will ask for a bailout had helped the euro rally to a one-month high this week, but uncertainty about when such...

Stocks retreat on earnings concerns, euro steady

Investors failed to be cheered even by data showing Americans were the most upbeat they have been in five years, as well as record...

Merkel confronts Greek anger over austerity

Tens of thousands of Greek protesters massed in Athens on Tuesday in a show of anger against German Chancellor Angela Merkel, who flew in...

IMF slashes global growth forecast

The International Monetary Fund has cut its global growth forecasts for this year and 2013 and called on politicians in the eurozone and the...

ECB may not supervise all banks: Merkel ally

The European Commission has proposed making the ECB the main supervisor for euro zone banks to prevent problems at lenders struggling with bad debts...

Wall Street ends flat despite Spain hope, S&P off for week

Apple Inc (AAPL.O), the world’s most valuable public company in terms of market capitalization, jumped to an all-time high of $705.07 as customers lined...

Like any other day at the office…

In order to move beyond the crisis in the eurozone and restore confidence in the global recovery, policymakers should implement agreed decisions that will...

Blast near Baghdad Green Zone kills seven

A suicide bomber on Monday killed seven people and wounded an MP in an attack at an entrance to Baghdad’s heavily secured Green Zone,...

Spain pledges reform timetable, paves way for bailout

Spain told euro zone finance ministers on Friday it will set clear deadlines for structural reforms by the end of the month, in a...

A nice rally while it lasted

The S&P 500 has surged 14 percent this year and is at its highest level in more than 4 years. Not counting 2009 when...

The Senate that is more of a war-zone

A Free and Fair Election Network (FAFEN) preliminary report said on Saturday that protests and walkouts by the opposition parties and the coalition partners...

D-day ahead

When the history books come to be written about the euro, September 12, 2012 could well prove one of the most significant dates in...

‘Greek Euro exit may help’

The comments from Bayer CEO Marijn Dekkers add to a growing chorus of influential Germans speculating about the possible exit of Greece from the...

Not good enough!

The International Monetary Fund on Thursday called for a "policy game changer" in the euro zone to arrest the spread of the debt crisis...

ECB should do more to solve euro zone crisis

The European Central Bank should do more to solve the eurozone debt crisis, Luxembourg Foreign Minister Jean Asselborn said in an interview on German...