France's foreign minister is the current favorite to take over as head of the IMF, but with Mexico's nomination of their central bank chief, some emerging economies are pushing for better representation.
Presidential hopefuls are scrambling to begin raising money for the 2012 elections. Larry Sabato, director of the Center for Politics at the University of Virginia, explains how this election's finances will be very different than 2008's.
Iceland's authorities closed the country's main airports following a volcanic eruption. Last year, a similar eruption grounded flights for days, and that took a big bite of the airline industry's bottom line.
President Obama has arrived in Europe today seeking resources to support democratic movements in the Middle East and North Africa. But Europe is struggling with its own finances, and may not receive the message with enthusiasm.