OECD report red flags weakening economy

Nov 27, 2012
The Organization for Economic Cooperation and Development is reaching out to its members -- the rich governments of the world -- to shape up or risk a global economic calamity.
Posted In: global economy, Eurozone

Can 'Super Mario' Draghi save the eurozone?

Sep 6, 2012
Investors in Europe are calling today "Super Thursday": the day when the head of the European Central Bank Mario Draghi rides to the rescue and saves the euro. Draghi is set to unveil his much-heralded plan to end the eurozone debt crisis.
Posted In: Mario Draghi, Eurozone

Eurozone members wary of buying other countries' bonds

Aug 28, 2012
Several countries in the eurozone are preparing to borrow by selling bonds. Each nation in the bloc is becoming more wary of buying the debt of its neighbors.
Posted In: Eurozone, bonds

Eurozone crisis hits Shell, other earnings

Jul 26, 2012
The crisis in the eurozone is hitting profits everywhere; Anglo-Dutch oil giant "Shell" is the latest. Shell says this morning earnings fell 13 percent compared to the same quarter last year. This follows a string of U.S. companies blaming Europe.
Posted In: Earnings, Shell, Eurozone

Europeans get vacation 'do-over'

Jul 6, 2012
In Europe, high courts have upheld workers' right to reclaim vacation days marred by illness or injury.
Posted In: Europe debt crisis, vacation, vacation days, euro, Eurozone

Why is Spain causing so much pain?

Jun 20, 2012
Spain's debt costs are rising and some fear the nation may soon need a full-scale bailout. Sr. Producer Paddy Hirsch explains the big problem with Spain, using a housing analogy.
Posted In: spain, Europe debt crisis, Eurozone, whiteboard

Greek election means disaster averted, not resolved

Jun 18, 2012
What does the Greek election mean for the U.S. and have any lessons been learned as a result of the crisis?
Posted In: Europe, Greece, Eurozone

With Greek elections done for now, what's next?

Jun 18, 2012
Looking ahead at what's to come for other eurozone countries and what's happening at the G20 summit.
Posted In: Eurozone, Greece, spain, France, Germany, Francois Hollande, G20 summit

Obama sends economic adviser to Europe

May 30, 2012
With borrowing costs spiking for Spain and Italy, the Obama administration has sent a top treasury official to Europe to encourage European leaders to take decisive action on their financial mess.
Posted In: U.S. Treasury, Obama, spain, Greece, Eurozone

What happens if Greece defaults? A flow chart

May 24, 2012
If Greece ditches its austerity plan and defaults on its loans, how might that play out in the global economy? Follow our flow chart to find out.
Posted In: Greece, default, Eurozone