IMF

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.

The BRICS are expected to release data Monday on their contributions to the International Monetary Fund/European bailout package at the G-20 Summit in Mexico.

Germany remains skeptical that anything positive will be accomplished in Greece anytime soon.

Greece's New Democracy conservatives are set to win the crucial election expected to determine the country's future in the euro zone, an official projection from the Interior Ministry showed Sunday night.

The pro-bailout New Democracy Party and the anti-bailout far-left Syriza party are expected to finish in a dead heat.

ND and Pasok are the only two parties which support terms of the EU/IMF bailouts.

The political situation in Greece is very volatile and unpredictable.

The conservative New Democracy party and the far-left Syriza present a stark choice for a beleaguered Greek public:

Some Greeks are likely to vent their anger by supporting the anti-austerity radical leftist Syriza party in this weekend?s poll.

Authorities in the world's major economies are preparing for a possible market storm or public panic after cliffhanger Greek elections this weekend, officials said on Thursday, should radical leftists win and cast doubt on the nation's future in the euro zone.

As the euro zone lurches from crisis to crisis, the spotlight is set to fall on Chancellor Angela Merkel as world leaders look to Germany to take a lead.

At stake is the country's continued membership in the euro currency, and the future of the euro zone itself. Here is our handy guide to the key events and implications you can expect going forward.

Something strange is going to take place next week at the G-20 summit: Europe, long accustomed to sending aid through the International Monetary Fund to developing nations, will pass a collection plate to many of those same countries. But to get such help, which could be as much as $105 billion from four major emerging economies, European nations will have to surrender some control of the IMF.

The U.S. singled out China on Monday in its effort to push the international community to place additional economic pressure on Iran.

Political and economic decisions over the next week have serious consequences for the country's future.

This week's data releases could reignite hopes that the Federal Reserve will soon provide more policy stimulus. May's producer price index and consumer price index should show that inflationary pressures are easing, with the latter falling below the Fed's 2 percent target rate. Retail sales and industrial production figures for May are likely to come in on the soft side, as well.

It is easy to see why the euro is falling.

Malawians have faced severe shortages and other economic problems since the IMF drastically reduced lending facilities last year.

German Chancellor Angela Merkel appears to have altered dramatically her long-held opposition to euro zone nations sharing responsibility for the debts of the monetary union's most troubled banks.

Finance chiefs of the Group of Seven leading industrialized powers will hold emergency talks on the euro zone debt crisis on Tuesday in a sign of heightened global alarm about strains in the 17-nation European currency area.

A higher-than-expected 60.3 percent voted yes in the euro zone's only national referendum on the fiscal pact, a binding agreement which will tie the 25 signatories to hard budget targets and set fines for missing them.