EUROPEAN UNION

Dollar, Dollar-Related Assets Soar, Precious Metals Fall

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Gold fell Monday in midday trading as investors decided to diversify their safe-haven opportunities by increasing their holdings of U.S. Treasuries, the dollar and the Japanese yen, said George Cocalis, senior market strategist for PFGBEST.
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Geithner Urges Unity in Tackling Euro Zone Crisis

The world will not see the kind of coordinated response policymakers organized during the global financial crisis in 2009 but the United States and the European Union must work closely together to overcome the current economic challenges, Treasury Secretary Timothy Geithner said on Friday.
The Dow rallied to return to positive territory for 2011 on Friday

U.S. Stock Futures Signal Retreat on Wall Street

Stock futures pointed to a weaker open for equities on Wall Street on Friday after strong gains in the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.4-0.7 percent.
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Morocco's trade deficit expands by end: August

Morocco's trade deficit expanded 22.6 percent in the January-August period from a year ago to 122.2 billion dirhams due mainly to higher spending on energy imports, official data showed on Thursday.
A teller counts euro banknotes inside a National Bank of Greece branch in Athens

Global Central Banks Flood Market With Dollars: What's the Impact on U.S. Stocks?

The world's major central banks, led by the European Central Bank and the U.S. Federal Reserve, in a coordinated effort Thursday intervened to provide dollar loans to commercial banks in an effort to maintain liquidity in Europe and check institutional investor concern about Europe's private sector banks. What will be the impact on U.S. stocks?
A trader is pictured at his desk in front of the DAX board at the Frankfurt stock exchange

Asian Stocks Rebound on Hopes of European Debt Action

Asian stocks bounced on Thursday after tentative steps by euro zone policymakers to tackle a crippling debt crisis, but investors remained wary that obstacles the bloc's leaders face could weigh on the euro and Asian currencies in the medium term.
Angola crash

Angola Loses Top Generals in Plane Crash

Thirty people died in Angola on Wednesday when a military plane crashed shortly after take off. Six people survived the accident with moderate to severe burns.
Gold bar

Gold Down After Day of Pro Eurozone Developments

Gold prices settled moderately lower Wednesday after a string of European developments during the trading session boosted investor hope that the continent's sovereign debt crisis is finally getting the attention it requires.
Gaddafi

US shows flag in Tripoli, pledges support

The United States gave Libya's new rulers a very visible show of support on Wednesday when a senior envoy visited the capital and praised their efforts to assert control of armed groups three weeks after Muammar Gaddafi was overthrown.
Marcoule

France Nuclear Explosion: Will Sarkozy Eat His Words?

After an explosion at a Nuclear power plant in France on Monday, President Nicholas Sarkozy has remained mum. Sarkozy is perhaps the world's biggest political proponent of nuclear energy, and he has repeatedly insisted that France's plants are the safest, most modern in the world.
french nuclear explosion

France Confirms Nuclear Explosion, Death

In France, a nuclear explosion has killed one and injured four more. The event comes on the heels of a re-investment in nuclear energy by President Nicolas Sarkozy.

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