Europe

u.s.job.hopes.boost

World stocks hit five-week highs last Thursday as data on U.S. private sector hiring boosted optimism

merkel.debt.crisis

German Chancellor Angela Merkel reacts as she attends a debate about a bailout package for Greece at the German parliament Bundestag in Berlin on June 10, 2011.

 

AP

BERLIN — German Chancellor Angela Merkel said Saturday that it's important to avoid doing anything that could endanger the global economic upswing as Europe battles the debt crisis in Greece and beyond.

europe.1

Former IMF chief Dominique Strauss-Kahn gestures during his bail hearing inside of the New York State Supreme Courthouse in New York May 19, 2011.  (Credit: Reuters/Richard Drew/Pool)

 

PARIS (Reuters) - Europe may miss Dominique Strauss-Kahn's leadership in its hour of need even more than will the International Monetary Fund and the French left.

french.woman.wont

Former International Monetary Fund leader Dominique Strauss-Kahn, second left, stands with his attorneys William Taylor, left, and Marc Agnifico, second from right, after his bail hearing in New York State Supreme Court, Thursday, May 19, 2011.  (AP / Richard Drew)

 

PARIS — The lawyer for a French writer who alleged former International Monetary Fund head Dominique Strauss-Kahn sexually assaulted her eight years ago says she won't file a criminal complaint against him for now.

europe

Pedestrians in Shanghai's financial district last September. China's $300-billion sovereign wealth fund is looking for investment opportunities in debt-hit Europe even though it is not very optimistic about the region's prospects, a media report says.

 

AFP - China's $300-billion sovereign wealth fund is looking for investment opportunities in debt-hit Europe even though it is not very optimistic about the region's prospects, a media report said Saturday.

Latest comments