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Euro Zone Struggles To Stem Crisis
European Central Bank policymakers said on Monday that officials of the euro zone are working for magnifying the firepower of the region’s rescue fund. On the other hand, U.S. President Barack Obama...
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Franco-German split over bailout fund
Deep divisions between France and Germany mean they will make scant progress on strengthening the euro zone bailout fund at a summit on Sunday in a sign that leaders of Europe are still some way from...
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Rupee Down As Volatile Shares Weigh
On Friday, the Indian rupee fell weighed by losses in domestic equities and the euro as the spiraling debt crisis of the region dented risk appetite, but hopes the RBI will intervene in case of a sharp...
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Gold Hit By Market Sell-Off
Gold was down in late U.S. morning trade but was lifted off its lows over concerns about euro zone economic slowdown and fears that France could be sucked into its spiraling debt crisis. The metal...
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Wall Street Gains 1 Percent
On Wednesday, stocks jumped to their highest since July as the IMF sought to help countries hit by the European debt crisis, while forecast-beating earnings from Goldman Sachs dispelled some worries...
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Job Growth May Accelerate In 2012
The White House said on last Friday that U.S. job creation will pick up this year as a moderate economic recovery continues but also said it faces a key risk from the European debt crisis. “Only a...
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