In a new year's message, German Chancellor Angela Merkel has warned the country that its economic climate will be “more difficult” in 2013. Her warning seems to contradict that of ... Read Full Story »
German Chancellor Angela Merkel and French President Francois Hollande met briefly today before a summit meeting of eurozone leaders to discuss the role of the banking supervisor that is to ... Read Full Story »
The possibilities of a broad set of bailout programs for Europe's weak nations rests in part with the top Germany court -- the Constitutional Court. On Wednesday it will announce whether ... Read Full Story »
Those watching for just one piece of good news about economies in the European Union have been disappointed again. The Ifo Business Climate Index for industry and trade in Germany fell to 102.3 from ... Read Full Story »
U.S. equity markets jumped sharply about half an hour ago following a report in The New York Times that German chancellor Angela Merkel said: I want Greece to stay in ... Read Full Story »
The relationship between Germany and France on the one hand and Greece on the other spins from accommodation to exasperation in an almost regular cycle. Despite support of the euro, in concept, ... Read Full Story »
European stocks are up today on the possibility of further monetary stimulus in China boosted investor confidence, and investors await reports that may show the U.S. economy is improving. Prime ... Read Full Story »
While European stocks rose to a four-month high and most Asian markets advanced, U.S. stock-index futures are lower this morning. No major U.S. economic reports are set for release today. ... Read Full Story »
Several news sources report that Angela Merkel may not want to face a collapse of the EU because efforts for a coordinated financial rescue have failed. Part of the reason for ... Read Full Story »
Anyone who bet that India, Brazil and China would slow down in an exact order was a winner. Actually, it is hard to say where the drop-off began and when. ... Read Full Story »
Austerity programs for the region’s weakest economies firmly in place, IMF chief Christine LaGarde and Germany leader Angela Merkel should have been able to spend their summers on vacation. Europe’s financial reputation had ... Read Full Story »
The sovereign debt problem in Europe gets more complex by the hour. The European Central Bank said it may intervene to buy paper issued by nations that are economically weak. ... Read Full Story »
It may be an affront to free speech, or just a plan that is totally unrealistic, but the EU wants to ban credit ratings of the sovereign debt of its ... Read Full Story »
Most of the central bankers and the head of the IMF ignored the power of voters in the developed nations, where growth and deficits are twin problems, when they made ... Read Full Story »
Microsoft (NASDAQ: MSFT) is close to a purchase of Skype for $7 billion (WSJ) Microsoft is close to an $8.5 billion deal to buy Skype (Reuters) PIMCO increased its short ... Read Full Story »