Europe Debates Iran Oil Sanctions Amid Debt Crisis With sanctions tightening, Irans leader toured South America, including a stop in Cuba Wednesday. President Mahmoud Ahmadinejad is looking for new friends and new markets. The U.S. has already impose...
The 17 eurozone nations are facing a new wave of negative economic indicators, a further signal that Europe's currency bloc is headed toward a recession. The European Commission said Friday that executive and consumer confidence dropped in December t...
Hearing Aid Common in Europe Turns Up Volume in US More than 10 percent of Americans have some form of hearing loss. Even with a hearing aid, deciphering sounds in places like airports, theaters and places of worship can be tough. However, a not-so-n...
The European Central Bank lowered its benchmark interest rate Thursday to a record 1.0 percent. The move by the bank to help stimulate Europe's economy came as France and Germany urged other European leaders to adopt their eurozone crisis plan at a k...
Stocks soared after the U.S. Federal Reserve and other major central banks agreed to make it easier to borrow dollars overseas, in a bid to ease the fallout of the European debt crisis. The move came as European finance ministers delayed key decision...
Italy had to pay nearly double the interest rates to borrow money in a six-month bond auction Friday, reflecting new fears about economic problems in the countries that use the common European currency. The euro currency and world stock markets also...
German Chancellor Angela Merkel is calling for a stronger political union in Europe to overcome the blocs debt crisis. She called the crisis the continents toughest hour since World War II. And, in Italy, Prime Minister-designate Mario Monti was hard...
Lisa Bryant | Paris November 10, 2011 - Europe got more bad news on Thursday, as the European Union's executive arm sharply downgraded growth forecasts for the region. This has major implications for a continent buffeted by the financial and politica...
Europe Struggles to Restore Confidence in Troubled Economies Greece named a new prime minister Thursday, and Italy is planning to do the same fairly soon, as European leaders move to regain the confidence of financial markets and to ensure that the r...
Europe's financial and political problems deepened, as stock markets tumbled, Italian bond yields rose over the political turmoil in Rome, and a new coalition government prepares to take over in Greece. The eurozone crisis has risen another notch wit...
