Apr 23, 2012 Incumbent Nicolas Sarkozy came in second yesterday to Socialist Francois Hollande in the first round of voting. The two candidates will face a run-off on May 6th, and the ultimate outcome could have big consequences for Europe's debt crisis.
Apr 23, 2012 European markets are down significantly, and that's being blamed on elections over the weekend in France that increase the likelihood that Conservative President Nicholas Sarkozy will lose his job.
Apr 17, 2012 Spanish oil giant Repsol currently controls Argentina's largest national oil company, but perhaps not for long.
Apr 16, 2012 The Commerce Department reports retail sales rose more than expected in March, by a solid 0.8 percent.
Apr 11, 2012 U.S. stocks had their worst day of the year yesterday, in part because analysts say the European debt crisis is back after months of relative calm.
Apr 11, 2012 Coming off Tuesday's worst showing for stocks this year -- both in the U.S. and Europe -- there is a new dawn today. Market players are showing a renewed appetite for risk, including stocks, at least so far on this Wednesday.
Apr 11, 2012 Over 50 percent of a small village in northern Spain has voted in favor of a plan to allow marijuana to be grown there. The aim is to generate money for the village to help wipe out its debt. However it's still unclear if the idea will go ahead.
Apr 11, 2012 Recent turmoil in global markets is partly due to worries over Europe's debt crisis. Elections scheduled in France and Greece add to the uncertainty.
Apr 5, 2012 There are some economic headwinds blowing strong right now. And one of them is coming from Spain where a disappointing bond auction yesterday sent government borrowing costs to a 5 month high and renewed fears about the European Debt Crisis.