President Barack Obama said on Wednesday he was deeply concerned about the continued euro zone crisis, blaming it on a lack of political will, and that market turmoil would continue until Europe has a concrete plan to deal with its debt woes.
The European Central Bank stepped in to stem an accelerating selloff of euro zone government bonds on Wednesday, traders said, after the United States called for more decisive action to halt the spreading sovereign debt crisis.
President Barack Obama on Wednesday said he was deeply concerned about the euro zone crisis and market turmoil would continue until Europe has a concrete plan to deal with its sovereign debt woes.
Germany sent out a subtle message to their contenders for Euro 2012 with a 3-0 thrashing of world cup finalists Netherlands at Hamburg on Tuesday.
Teenagers who spend a lot of time on video-games have different structures and activity levels in areas of the brain that are linked to reward, scientists have found, suggesting they get more out of gaming than people who tend to play less.
Thanksgiving, the U.S. holiday that anyone who likes to eat loves to celebrate, is just a week away and experts agree there is not one perfect wine to accompany the feast, but many.
The euro zone economy grew just 0.2 percent in the third quarter as solid growth in Germany and France was dampened by countries at the sharp end of the debt crisis and economists expect a slide into recession by early next year.
Teenagers who spend a lot of time on video-games have different structures and activity levels in areas of the brain that are linked to reward, scientists have found, suggesting they get more out of gaming than people who tend to play less.
The debt crisis sweeping southern Europe and lapping France is cause for alarm in Washington and Beijing, but not it seems for the rank and file of German Chancellor Angela Merkel's party.
An Australian court has agreed to hear in March a case brought by Samsung Electronics to ban sales of Apple Inc's latest iPhone, with sales allowed to continue as normal ahead of the full hearing on alleged patent infringements.
The euro zone economy grew just 0.2 percent in the third quarter as Germany and France posted solid growth but countries at the sharp end of the debt crisis fared much worse, and analysts expect bleaker times ahead across the 17-country currency bloc.
Prime Minister-designate Mario Monti raced to assemble a new government for Italy on Tuesday while a sharp rise in French borrowing costs raised fears that the two-year debt crisis may spread to the euro zone's second biggest economy.
Monti said he would “act with urgency” to resolve Italy’s deep financial crisis.
The 17-nation euro zone economy grew a modest 0.2 percent in the third quarter from the second, the EU said on Tuesday, lifted by France and Germany, but economists say the bloc is almost certainly heading for a recession.
Prime Minister-designate Mario Monti raced to assemble a new government for Italy Tuesday while a sharp rise in French borrowing costs raised fears that the two-year debt crisis may spread to the euro zone's second-biggest economy.
European shares and the euro fell on Tuesday as investors renewed selling of Italian and Spanish bonds, while a sharp rise in French yields pointed to a growing risk that the two-year debt crisis may spread to one of the region's big two economies.
An Australian court has agreed to hear in March a case brought by Samsung Electronics to ban sales of Apple Inc's latest iPhone, with sales allowed to continue as normal ahead of the full hearing on alleged patent infringements.
Prime Minister-designate Mario Monti meets the leaders of Italy's biggest two parties on Tuesday to discuss the many sacrifices needed to reverse a collapse in market confidence that is driving an ever deepening euro zone debt crisis.
Prime Minister-designate Mario Monti meets the leaders of Italy's biggest two parties on Tuesday to discuss the many sacrifices needed to reverse a collapse in market confidence that is driving an ever deepening euro zone debt crisis.
The European debt crisis is raising the odds of a U.S. recession, with economic contraction more likely than not by early 2012, according to research from the San Francisco Federal Reserve Bank.
The European debt crisis is raising the odds of a U.S. recession, with economic contraction more likely than not by early 2012, according to research from the San Francisco Federal Reserve Bank.
Beate Zschäpe, 36, turned herself into authorities last week but has refused to cooperate with police.