An exit from the euro by Greece appears likelier by the day.
Palash Ghosh
Jan 16, 2012
Most people commemorating Martin Luther King Jr. Day turn to his iconic I Have a Dream speech. But King gave another famous speech the night before he died, known as the Promised Land or Mountaintop speech. In it, he alluded to his imminent assassination and the legacy he would leave behind. Listen to the audio file, watch the video, and read the full text of Dr. King's final speech here.
Melanie Jones
Jan 16, 2012
Dr. King remains one of the most iconic figures of the Civil Rights Movement and one of the most recognizable and quotable men in American history. On Martin Luther King Jr. Day, remember the man and his beliefs through some of his most famous and moving quotes, from I Have a Dream to his views on the Vietnam war to his unwavering belief in the strength and love of his fellow man.
Melanie Jones
Jan 16, 2012
Mass Eurozone ratings downgrades are unlikely to shake up investors too much, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defenses and glimmers of optimism from last week have been firmly doused.
IBT Staff Reporter
Jan 16, 2012
Financial markets are unlikely to be derailed by mass euro zone downgrades, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defenses and glimmers of optimism from last week have been firmly doused.
Eric Linton
Jan 15, 2012
The euro zone's bailout fund can hold onto its AAA rating with Standard & Poor's through higher guarantees from the euro zone's remaining triple A countries or lower lending capacity, a senior euro zone official said Sunday.
Eric Linton
Jan 15, 2012
Texas Gov. Rick Perry, scrambling to keep his U.S. presidential bid alive, accused the Obama administration Sunday of overreacting to a videotape that shows four Marines appearing to urinate on dead Taliban fighters in Afghanistan.
Eric Linton
Jan 15, 2012
Walk softly. Global growth looks to be smoothly downshifting as China slows, the U.S. economy firms, and troubled Europe, at least for now, avoids a messy crash.
IBT Staff Reporter
Jan 15, 2012
Negotiations between Greece and creditor banks on a deal aimed at cutting the country's towering debt pile are tough but will yield positive results, Germany's foreign minister said during a visit to Athens on Sunday.
IBT Staff Reporter
Jan 15, 2012
European leaders promised on Saturday to speed up plans to strengthen spending rules and get a permanent bailout fund up and running as soon as possible, a day after U.S. agency S&P cut the ratings of several euro zone countries' creditworthiness.
Mike Obel
Jan 15, 2012
Stocks dropped on Friday, snapping a four-day winning streak, after news reports that Standard & Poor's would downgrade credit ratings on several euro-zone countries.
Mike Obel
Jan 14, 2012
France's credit-rating cut dominated the country's newspapers on Saturday, with the left-leaning Liberation blazing below a front-page headline reading S_RKOZY that the president had lost an A.
IBT Staff Reporter
Jan 14, 2012
Credit-rating downgrades in the Eurozone by Standard & Poor's underline why Europe must seal a pact to tighten fiscal rules quickly and get its permanent bailout fund up and running as soon as possible, German Chancellor Angela Merkel said on Saturday.
IBT Staff Reporter
Jan 14, 2012
The top credit rating of Europe's bailout fund depends on additional financial backing from Germany and the other three remaining AAA-rated Eurozone countries, Standard & Poor's said on Friday.
J.J. McGrath
Jan 14, 2012
Standard & Poor's downgraded the credit ratings of nine Eurozone governments on Friday, an unprecedented relegation that included France and Austria but spared Germany.
Brett LoGiurato
Jan 13, 2012
European shares fell on Friday after sources said credit rating agency Standard & Poor's was set to go through with a long-mooted downgrade of several eurozone countries, weighing on sentiment for riskier assets such as equities.
Joseph Lazzaro
Jan 13, 2012
U.S. stocks were on track to end the week with modest gains as major indexes pulled back from session lows after falling more than 1 percent on Friday on talk that Standard & Poor's was ready to downgrade ratings on several euro-zone countries.
IBT Staff Reporter
Jan 13, 2012
German Chancellor Angela Merkel will gather the leaders of Austria, Sweden and Portugal next Thursday in a bid to broaden consultations on key European Union issues after criticism about Germany and France making too many big decisions themselves.
IBT Staff Reporter
Jan 13, 2012
With the Sundance Film Festival starting next Thursday and the Oscars not too far off, here's a look at some of the best film festivals across the globe.
Mark Johanson
Jan 13, 2012
Societies and nations are very much like people in how stubborn and resistant to change they are. Few forces are actually capable of suddenly changing the base nature of people, on either a large or small scale, and it takes a great deal of sustained effort over a long period of time for them to change their own nature.
Jared Michaud
Jan 12, 2012
Nobody, not the EU, the IMF nor the markets had any concerns about the Irish fiscal position prior to 2008.
Palash Ghosh
Jan 12, 2012
Nicolas Steno, the 17th century Danish father of geology, was honored Wednesday with a Google Doodle commemorating what would have been the genius' 374th birthday. Steno, whose name means rock in Danish, pioneered research in both anatomy and geology helping to discover a groundbreaking theory to explain how fossils function in layers of rock.
Julia Greenberg
Jan 11, 2012