AP – THE TROUBLES: Economic growth slowed across Europe last quarter, and the leaders of France and Germany tried to calm concerns about the region’s debt troubles by pushing for long-term political solutions.
AP – THE TROUBLES: Economic growth slowed across Europe last quarter, and the leaders of France and Germany tried to calm concerns about the region’s debt troubles by pushing for long-term political solutions.
All eyes are looking at Europe today, as German Chancellor Angela Merkel and French President Nicolas Sarkozy meet to coordinate a strategy for coping with the expanding financial crisis.
Stocks in Europe recovered late Tuesday after falling sharply on a report from the European Union that showed a broad slowdown in economic activity.
U.S. stocks were set to pull back Tuesday, after three straight sessions of healthy gains, as nearly stagnant economic growth in Europe stoked fears of a regional and global slowdown
Reuters – Stagnant growth in Europe’s powerhouse Germany knocked stocks lower on Tuesday and hit the euro, adding to investor fears that the world economy is slowing more than expected.
AP – Stock markets in Australia and New Zealand opened strongly on Monday, after stocks in the U.S. and Europe closed higher last week at the end of a volatile several days.
AP – Stock markets in Australia and New Zealand opened strongly on Monday, after stocks in the U.S. and Europe closed higher last week at the end of a volatile several days
Standard and Poor’s only downgraded the credit rating of the United States on Friday. But the financial markets have picked up where S&P left off and essentially decided to downgrade much of Europe too.
