EUROPEAN UNION

Gold in Review: How it Fared in 2011

220 kg block of gold
Gold extended its record bull run in 2011 for an 11th year as confidence in the world's financial leaders and their stewardship of fiat currencies plummeted.
Dollar, Inflation

Ron Paul - Is He Right About the U.S. Dollar, Inflation?

U.S. Rep. Ron Paul, R-Texas, has predicted rising inflation and a collapse of the dollar due to the U.S.’s fiscal and monetary policies, but roughly three years into the economic recovery, inflation remains moderate. And the dollar? It’s holding its own and may strengthen in 2012.
More news
The report said NIH should require these studies to be performed only on animals that do not resist participating, using techniques that are minimally invasive and reduce potential pain and distress.

U.S. Agrees to Limit Medical Research on Chimpanzees

The U.S. National Institutes of Health (NIH) will sharply curtail medical research studies using chimpanzees, humans' closest relative in the animal kingdom, after an expert panel said such studies are rarely warranted.
IBTimes Logo

Asian Shares and Euro Gain on Upbeat U.S. Data

Asian shares rose and the euro edged higher Friday, as signs of strength in the U.S. economy temporarily broke through gloom over the European debt crisis that had driven a selloff in riskier assets over the past three days.
IBTimes Logo

European Debt Woes Prompt Year-End Flight from Risk in Asia

Asian shares fell into bear market territory for the year and commodities and the euro nursed stinging losses Thursday, after fears that Europe's debt crisis is still worsening prompted investors to dump riskier assets and huddle in the safety of the dollar and Treasuries.
A Greek flag is reflected on a glass building damaged by recent civil unrest in central Athens

IMF Says Greece Must Move Faster on Reforms

The International Monetary Fund stepped up pressure on Greece on Wednesday, saying promised reforms were behind schedule in most areas and the delays were stalling recovery from years of recession.
IBTimes Logo

Euro zone anxiety sparks selloff in risky assets

Stocks fell on Wednesday as weak commodity prices sparked a selloff in the energy and materials sectors and as a falling euro and high Italian bond yields kept Europe's debt crisis in focus.
IBTimes Logo

Canada and Japan explore bilateral trade deal

Canada and Japan have agreed to decide soon whether to negotiate a bilateral economic partnership agreement, and Canada also aims to complete a free trade agreement with India by 2013, government officials said on Wednesday.
IBTimes Logo

More than 100 Million EU Citizens Have Never Surfed Web

Almost a quarter of the European Union's 500 million people have never used the Internet and there is a widening division between the web-savvy north of Europe and the poorer south and east, figures released on Wednesday showed.
AGV NTV Train

Ferrari-red trains to shake up Italian railways

Passengers boarding the new bullet trains ready to whiz across Italy early next year might be forgiven for thinking of Ferrari cars at the sight of the low nose, the deep-red livery and the sleek interiors.
Specialist trader Mike Pistillo and Marshall Ryan work on the floor of the New York Stock Exchange

Futures Dip as Euro Slides

Stock index futures fell in light Wednesday trading, pressured by a decline in the euro and by rising Italian bond yields.
The Bank of Italy building is seen downtown Milan

Italian yields ease after bond auction

Italian government bond yields eased on Wednesday after the country sold 3 billion euros of five-year debt in the first longer-term auction since the European Union took steps towards greater fiscal integration last week.
Iran Tests Fires Missiles, West Warns of Quick Response

War Drills Sparks Rumor Mill, Sends Crude Sky High

In what was probably Iran's response to growing threats made against its sovereignty, and a possible show of strength, the Middle Eastern country announced it is planning war drills to practice closing off the Strait of Hormuz -- one of the world's main oil arteries.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.