Major news stories ebb and flow, rising to the headlines and then slipping out of the spotlight. But even if they fade from attention, keep an eye on this handful of long-term issues, such as North Korea, which have the potenti…
The big winners of 2010 scored returns far above those of U.S. markets by piggybacking on China’s ferocious growth. But rebounding American equities look mighty impressive next to the year’s real losers: the victims of the euro…
The notion that the EU could issue a eurozone-wide bond is probably the most sweeping proposal yet to relieve country debt problems. But the ad hoc measures Europe has been taking to put out fires are likely to remain the statu…
The European Central Bank left interest rates unchanged for a 20th straight month.
Officials at the ECB in Frankfurt left the benchmark lending rate unchanged at 1%, Bloomberg News reported. The move was widely forecast by analyst and economists.
A…
With the fears of a European sovereign debt crisis growing worse, the Spanish government said Wednesday that it’s taking several measures to stop the fiscal contagion from reaching its shores, including selling a 30% stake in i…