Greece's sovereign debt crisis will prove unique in the euro zone and will not spread to other countries, European Central Bank President Jean-Claude Trichet said in a newspaper interview on Friday.
What does the arrest of Goran Hadzic mean for Serbia's future?
The Euro zone countries have agreed to provide Greece with a second bailout valued at 135-billion euros (about $194-billion) over the next thirty years.
Authorities in Serbia have captured Goran Hadzic, the last remaining fugitive suspected war criminal sought by the United Nations tribunal for the former Yugoslavia.
Strong company results and hopes for a settlement in the U.S. debt ceiling row boosted global equities on Wednesday while currency markets remained on edge over the euro zone debt crisis.
A rescue package for Greece could involve a short-term default without disastrous repercussions for the euro zone, Austria's central bank governor said, the first sign of a crack in the European Central Bank's hard line.
Spot gold prices touched a new record high of $1598.41 on Monday, extending the longest rally in about 40 years. The latest wind in the tail came from worsening worries of a European sovereign crisis and the painful stalemate in the US debt ceiling talks that has raised the specter of an unprecedented Treasury default.
Russian will not recognize the rebel government in Libya.
Banks that scraped through the European Union's stress test of 90 lenders will start feeling the heat Monday from investors to beef up capital buffers.
Markets won't punish Spain on Monday even though the majority of banks that failed Europe-wide stress tests were Spanish, the head of the European Banking Authority said in an interview.
Allowing the EFSF bailout mechanism to buy back bonds from the secondary market would help deal with Europe's debt crisis, European Central Bank Executive Board member Lorenzo Bini Smaghi told a Greek newspaper.
Euro zone leaders will meet in Brussels on July 21 to discuss a second bailout package for Greece and the financial stability of the euro area, European Council President Herman Van Rompuy said on Friday.
The United States and the European Union slammed China's partial easing of export control of the rare earth minerals on Thursday.
Conservative backbencher Philip Davies, who represents Shipley in West Yorkshire, considers himself a one-man warrior against “political correctness”.
Everyday consumer products from canned food containers to baby bottles are full of a potentially lethal chemical known as bisphenol A (BPA) that can lead to numerous health defects, U.S. Sen. Dianne Feinstein, D-Calif. said in an op-ed column.
Nearly every developed region around the world is suffering from the same fiscal imbalances as Greece
There are some stocks that can thrive in this uncertain economic environment and Apple (NASDAQ:AAPL) is one of them
Euro zone finance ministers and officials were meeting on Monday to discuss a second bailout package for Greece and the financial situation in Italy.
Fears are spiraling that Italy may need a bailout as the yield on the country’s government bonds have surged to 5.4 percent.
Honor crimes are rooted in ancient tribal customs whereby the “honor” of a family or a whole village is represented by the morality, chastity and proper behavior of its women. Any perceived violation of that sense of honor often leads to deadly consequences.
Although honor killings are typically associated with Muslim countries like Turkey, Iraq and especially Pakistan, the practice has nothing to do with Islam.
The existing European rescue fund now in place is not large enough to protect Italy as it was never designed to do that, an unnamed European Central Bank source was quoted telling Die Welt newspaper on Sunday.
