Billionaire investor George Soros has warned Europe's debt crisis risks triggering another Great Depression unless euro zone leaders adopt a series of radical policy measures, including the creation of a common treasury.
This week, UCLA scientists are presenting research findings that indicate two popular diabetes medications may increase patients' risk of cancer.
A spokesman for Merkel said that she and Sarkozy emphasized that Athens must dutifully adhere to its deficit-reduction goals.
Around 366 million people worldwide are affected with diabetes, reported the International Diabetes Federation (IDF).
European shares rose and the euro pared losses on Wednesday after the head of the European Commission said it would soon present options for the introduction of euro area bonds, offering a glimmer of hope for an easing of the sovereign debt crisis.
European shares turned positive and the euro pared losses on Wednesday after the head of the European Commission said it would soon present options for the introduction of euro area bonds.
Moody's Investors Service cut the credit ratings of France's Credit Agricole SA and Societe Generale on Wednesday, citing their exposure to Greece's debt, a fresh blow to euro area leaders struggling to restore confidence in the region.
Asian stocks, U.S. index futures and the euro fell on Wednesday as investors remained unconvinced that euro zone leaders have a coherent plan to tackle the bloc's sovereign debt problems, which many fear could trigger a new banking crisis.
About 366 million people worldwide have diabetes and a person dies from it every seven seconds, world health officials said on Tuesday.
A rebound in Asian stocks and the euro stalled and gold edged up on Wednesday as investors waited for convincing signs of progress on taming the euro zone debt crisis.
The number of people with diabetes worldwide has reached 366 million.
The euro single-currency system could be derailed unless European leaders resolve the debt crisis, a situation that has already prompted Fiat SpA and its affiliate Chrysler Group LLC to examine the timing of vehicle introductions, Fiat's CEO said on Tuesday.
Gold prices rose Tuesday on global concern about the future of the euro zone, the continent's currency and the fragile state of worldwide economic growth.
With an estimated global audience of a billion people, The Miss Universe 2011 beauty pageant, the contestants for the 2011 Miss Universe pageant have arrived in Sao Paulo, Brazil for the 60th anniversary of the Miss Universe pageant on Monday night.
U.S. investors remained concerned that Europe's leaders are not getting ahead of the Greek crisis, which could result in a full-fledged Europe bank crisis, even as German Chancellor Angela Merkel, while not committing more German funds to possible intervention, again dismissed talk of a Greek default.
Alarm is growing in the United States at Europe's inability to solve its debt crisis and talk of a full-on Greek default is on the rise. Following are the key events and developments on Tuesday.
Fiat and Chrysler chief executive Sergio Marchionne said the euro single currency system could be derailed unless European leaders resolved the debt crisis.
Gold prices steadied in volatile trade on Tuesday after briefly extending the previous session's 2.5 percent slide below $1,800 an ounce, as the dollar's gains versus the euro put fresh pressure on the precious metal.
European shares fell again Tuesday morning, hitting a fresh two-year low for the second straight session as investors worried policymakers had no plan to stem the euro zone debt crisis, which could see Greece default.
Fiat chief executive Sergio Marchionne said the euro single currency system could go off the rails unless European leaders effectively resolve the current debt crisis.
The 5 ft 10 1/2 inches tall beauty is also the fourth African woman to win the title. The last African to win is Mpule Kwelagobe, Miss Universe 1999 from Botswana. Other winners came from Namibia (1992) and South Africa (1978).
Leila Lopes, a 25-year old dusky beauty from Angola won the coveted Miss Universe 2011 title, beating the contestants from Ukraine (23-year-old Olesia Stefanko, 1st Runner-up) and Brazil (Priscila Machado, 2nd Runner-up). The 3rd Runner-up was Miss Philippines and 4th Runner-up was Miss China.