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European Central Bank chief swears to 'preserve the euro,' Dow soars
Mario Draghi, president of the European Central Bank, pledged Thursday that the institution “is ready to do whatever it takes to preserve the euro,” sending financial markets soaring around the world. The Dow jumped more than 250 points in...
Tags: Economy, Business and Finance, Citigroup Incorporated, Mario Draghi, Italy, European Debt Crisis
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Merkel, Hollande vow to 'do everything to protect' the euro
World NowHollande, Merkel vow to protect the euro: The leaders of Europe’s two biggest economies pledged Friday to “do everything to protect” the continent’s common currency, whose long-term survival has come under fresh doubt from... -
Confidence teetering in Eurozone, economists warn
World NowGlobal Focus: It's been more than two decades since the Iron Curtain fell and Europeans embarked on an ambitious mission to build a powerful economic, political and social union in place of the Cold War divide. And for more than two decades, Germans... -
European Central Bank doesn't act, disappointing markets
World NowEuropean Central Bank chief Mario Draghi vowed Thursday that the euro common currency is "irreversible," but the bank's decision to not ease borrowing costs for heavily indebted Eurozone members such as Spain and Italy drove markets into renewed turmoil..... -
Rising rents and food prices mean Americans are paying more
Consumer prices continued to rise in October as rents and the cost of food climbed even as gas came down from its recent peak, the government said. Seasonally adjusted prices got a 0.1% boost in October from the previous month, according to the Labor...
Tags: Economy, Business and Finance, Prices, Energy
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Euro near a 2-year low; EU calls for a 'banking union'
The European Union’s executive body is calling for a “banking union” to centralize efforts to deal with the region’s economic turmoil – especially in Spain, which is racked by high unemployment and severe debt. It’s...
Tags: Economy, Business and Finance, Mariano Rajoy, Career and Workplace, Europe, International Organizations
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European Central Bank tosses hot potato back to governments
The European Central Bank is keeping its benchmark interest rate steady at 1%, handing off the responsibility of righting the struggling Eurozone to its disparate governments. Mario Draghi, the bank’s president, said Wednesday that although the...
Tags: Economy, Business and Finance, Central Bank, Europe, International Organizations, Foreign Exchange Market
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Greece's pro-euro vote spurs talk of relief on bailout conditions
World NowGlobal Focus: With mainstream politicians poised to retake control of the Athens government, Eurozone and global financial leaders have begun to signal some willingness to ease the biting pain of austerity measures that drove Greeks to the brink of... -
IMF warns euro crisis at 'critical stage,' urges swift action
World NowThe International Monetary Fund warned Thursday that the Eurozone crisis has reached a "critical stage" and expressed fears for the future of the common currency unless the 17 nations that use it swiftly integrate their banking and fiscal policies.... -
4 top European leaders back $163-billion growth package
World NowLeaders of the four major Eurozone countries agreed Friday to push for a $163-billion growth package, a week before a planned European summit considered crucial to the future of the monetary union.... -
Germany, Greece at it again, with a twist -- it's Euro 2012 soccer
World NowAt odds off the field over the euro crisis, Greece and Germany will fight it out Friday night in a soccer match featuring their national teams in the quarterfinals of the Euro 2012 tournament. The two countries face off in Gdansk, Poland as their... -
Indian intelligence agency files case against suspected militant
World NowIndia’s National Investigation Agency on Thursday filed a case against Syed Zabiuddin Ansari, making it the latest group keen to interrogate, prosecute or otherwise get its hands on the alleged handler of the 2008 Mumbai attack, who was arrested...
Jul 26, 2012
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Jul 27, 2012
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Aug 1, 2012
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Nov 15, 2012
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May 30, 2012
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Jun 20, 2012
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Jun 21, 2012
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Jun 22, 2012
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Jun 28, 2012
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