MARKETS / FINANCE

Iranian President Mahmoud Ahmadinejad is headed for the sunny beaches of Ipanema, and many Brazilians are less than thrilled.

The dissolution of Fannie Mae and Freddie Mac, the two largest U.S. mortgage guarantors, would have only a minimal impact on home ownership level, according to a new report that downplays the link between low interest rates and increased ownership.

On May 18, Facebook closed its first day as a public company at $38.23, valuing itself around $105 billion. On Tuesday at mid-day, it traded near $31.50. Still, despite the vilification of the IPO, the slumping share price and dozens of class action lawsuits filed in federal courts in New York and California, Facebook, a damaged brand, has followed the advice of New York image guru Clive Chajet who said it should ignore the press and stick to its knitting.

Why are people in China upset at their own space program?

Microsoft (Nasdaq: MSFT), the world's biggest software company, introduced its first tablet, Surface, to battle Apple (Nasdaq: AAPL) in the tablet sector

A new report shows that the Ethiopian government, caught up in an ambitious, nationwide agricultural overhaul, is facilitating the mistreatment and forced relocation of small-scale farmers in Omo Valley.

After the positive effects of the Greek election fade, markets will shift focus toward the Federal Reserve announcement scheduled for Wednesday.

The euro symbol was originally designed to resemble the Greek epsilon, in homage to the country often considered the birthplace of Western democratic ideals.

Two of the leading names in the video game industry, Microsoft?s Xbox360 and Sony?s PlayStation 3, both offer Internet-based services to enhance the gaming experience through social and multimedia platforms.

It's been overlooked -- it's received very little coverage by the popular press -- but it's worth repeating: one benefit of the U.S. health care reform legislation will be: enhanced employee mobility.

Greeks woke this morning to a confusing result that, while tilting ever so slightly toward the pro-bailout parties, does little to ease the threat of a devastating exit from the euro zone that still hangs over Athens.

Commodity prices posted a brief rally on Monday after a pro-austerity party got the most votes in Greece's weekend elections, but the market's upswing fizzled almost as soon as it began, confounding traders who might have expected developments to lift risky assets for at least a few of sessions.

A deft political move by the ruling Supreme Council of the Armed Forces, or SCAF, led by Field Marshal Hussein Tantawi, has all but annulled the significance of the presidential elections.

Leaders of the center-right New Democracy party and the left Syriza party -- Antonis Samaras and Alexis Tsipras, respectively -- agree on one thing: The former party won, and the latter party lost Greece's snap parliamentary elections on Sunday.

The political situation in Greece is very volatile and unpredictable.

Caught in the middle of a bloody 15-month-long uprising are Syria's 2 million Christians, who are wary of leaving behind a repressive and totalitarian regime.

A euro-area breakup might appear to be inevitable at this point. But, instead of Greece being pushed out the door, analysts say an outside-the-box solution to the euro zone's sovereign-debt problem would be for Germany to voluntarily withdraw from the euro and reinstall the Deutsche mark.

Even following this week's violence over blasphemous art, Tunisians remain fairly optimistic about their country's progress.

Markets are fretting over the outcome of Sunday's Greek vote -- with the anti-bailout Syriza party polling neck and neck with rival New Democracy -- and policymakers seem spellbound by the prospect of a breakup of the euro zone.

A trip to Greece in the coming weeks may feel like an intrusion -- a sojourn into a land of private grief and public fury. But not visiting only makes things worse.

This Saturday and Sunday, Egyptians will head for polling station to choose who will be their first democratically elected president, but they are faced with a hard choice now that the Supreme Council of the Armed Forces, or SCAF, has seized greater control.

A month after the disastrous initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, investment bankers speculate social network site Yammer could be on the block.

US Airways has been very publicly circling AMR Corp., the bankrupt parent of American Airlines. Yet industry experts expressed concerns that, while a potential merger would be a boon to the labor unions, the flying public would end up footing the bill.

So the financial crisis, Europe's inability to act in a big way to address its fiscal issues, and endless partisan bickering in Washington between Democrats and Republicans have prompted you to swear off stocks? Well, one school of thought argues, Panicking never made anyone a dime.

The very peak of Powell's career likely occurred in April 1968,when he delivered his infamous Rivers of Blood speech in Birmingham in which he warned that unchecked immigration of non-whites into Britain would lead to violence in the streets and social collapse.

A campaign to root out corruption in China's soccer leagues and administrative institutions appears to be effective -- but for how long?

Though the FIFA World Cup 2022 is still a decade away, it has lately generated increased concerns over Qatar's policies on migrant workers.

Dutch navigation software specialist TomTom (Pink: TMOAF) got a major boost this week as Apple (Nasdaq: AAPL), the world's most valuable technology company, said it would collaborate with it on new software for the iPhone 4S family.

U.S. investors are getting back into real estate, but their efforts are being complicated by the uncertain housing market.