GERMANY

European Markets Rise On Positive U.S. Data

A trader is pictured at his desk in front of the DAX board at the Frankfurt stock exchange
European markets rose Thursday following encouraging data from the U.S., but investors remain watchful ahead of the European Union summit in Brussels on Thursday and Friday, where leaders will discuss tackling the EU debt crisis with concrete measures
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Morgan Stanley headquarters building in New York's Time's Square

Morgan Stanley Getting Hit From All Sides

It's not turning out to be a good week for Morgan Stanley (NYSE: MS). Over the past few days, the bank has been embroiled in two international scandals and cut by analysts at Goldman Sachs. That follows a month that saw a major credit downgrade, participation in the fumbled IPO of Facebook Inc. and behind-the-scenes grumbling by the FDIC. The bank has lost more than one-third of its market capitalization since late March.
Turkish President Abdullah Gul arrives at the NATO Summit in Chicago

Why Is Turkey In NATO?

NATO was first formed in April 1949 with twelve original members, two North American nations and twelve European states located either in Northern or Western Europe. Turkey entered with the first enlargement in 1952 - before even Germany.
George Soros

Europe Has Three Days, Not Three Months, to Avoid 'Fiasco': Soros

Multibillionaire financier George Soros, who is quickly becoming an éminence grise on the topic of the euro zone financial crisis, said in a televised interview Monday that the leaders of Europe had three days to resolve their disagreements on the appropriate way to move forward in anticipation of a summit Thursday.
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Greece on the Defensive

In a match rich with economic irony and rhetorical potential, the German national team defeated the Hellenic side 4-2 in the European football championships on Friday.

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