July 26 (Bloomberg) -- Cantor Index Market Strategist David Buik and Philadelphia Trust Company's Michael Crofton outline the time frame in which ECB president Mario Draghi has to act to save the Euro. They speak with Betty Liu on Bloomberg Television's "Street Smart." (Source: Bloomberg)
German Chancellor Angela Merkel’s export machine is generating far more in revenue than her anti- bailout voters are committing to euro-crisis fighting as the weakening currency adds to the country’s competitive edge.
When European Union financial-services commissioner Michel Barnier wrote a letter to U.S. Treasury Secretary Timothy F. Geithner on the complex topic of hedge-fund regulation, he used a little trick he learned from Olympic skiing champion Jean-Claude Killy : keep it short.
European stocks retreated for a fourth day after the Irish government said it will take majority control of Allied Irish Banks Plc in its second bailout of the lender. U.S. index futures and Asian shares fell.
European stocks retreated for the fourth time in five days, led by a selloff in basic-resource companies, as uncoordinated attempts by policy makers to resolve the region’s debt crisis unnerved investors.