Europe Financial Crisis

EU chief Ursula von der Leyen on Thursday announced $1 billion in aid for Lebanon during a visit to the country mired in an economic meltdown exacerbated by a migrant crisis and the threat of war with Israel.

Indian shares were off to a muted start on Thursday, on fragile investor sentiment globally after Credit Suisse, one of Europe's top lenders, added to worries about a crisis in the financial sector.

Over six months since Russia invaded Ukraine in what Moscow calls its "special military operation", the war has thrown global financial markets into severe turmoil as the charts below show.

In his ninth-floor office on Paris's Avenue Montaigne, Europe's wealthiest man, Bernard Arnault, is spending long hours plotting a post-virus future for his luxury goods empire, LVMH. At 71, the billionaire has lived through several crises, but none quite like this one, with his armada of more than 70 brands -- from Dior to Fendi -- hit from all si...

EU states that refuse to accept migrants should face financial penalties, French President Emmanuel Macron said Saturday, prompting a furious response from Rome on the eve of an emergency mini-summit in Brussels about the escalating crisis dividing Europe.

The Swiss bank that built its fortune tapping new opportunities in the U.S. two centuries ago is telling investors to ditch sclerotic Europe and have greater faith in emerging markets.

Lotus have been involved with a row over engine payments and team officials have blamed the time difference between Europe and Japan for delaying track payments to track authorities.

German Chancellor Angela Merkel's conservatives want to limit the financial incentives for refugees coming to the country as their numbers soar, a paper showed on Wednesday, underlining the strain the crisis is putting on Europe's largest economy.

From the United States to Europe and Asia, financial markets have been cowed, then calmed and are now coddled by the limitless power of central banks to print new money to ward off systemic shocks and deflation.

There was little evidence of panic, however, with investors pointing to Europe's improved ability to fight financial contagion since the height of the euro debt crisis in 2011.

The US dollar rallied on Tuesday after a string of healthy economic data boosted near-term rate hike prospects, while Greece's financial crisis and signs of growing opposition to austerity in Spain weighed further on the euro.

Talk of Greece crashing out of the euro is back. And the question of whether Europe can handle another crisis in Greece is heightening financial uncertainty for the currency union just as it is struggling to grow and create jobs.

Kazakh President Nursultan Nazarbayev followed his Belarussian counterpart to Ukraine today as Moscow's old allies built bridges to Europe while Russia's financial crisis and diplomatic isolation grew.

A day after German industrial orders saw their biggest monthly drop since the height of the global financial crisis in 2009, its industrial output figures for August plunged by 4.0 per cent, also the biggest fall in five years.

With economies across Europe sputtering, that shares remain near their highest levels since the 2007-8 financial crisis is chiefly a reflection of the billions in stimulus pumped into the financial system by central banks over the past five years.

EU chief Ursula von der Leyen on Thursday announced $1 billion in aid for Lebanon during a visit to the country mired in an economic meltdown exacerbated by a migrant crisis and the threat of war with Israel.

Indian shares were off to a muted start on Thursday, on fragile investor sentiment globally after Credit Suisse, one of Europe's top lenders, added to worries about a crisis in the financial sector.

Over six months since Russia invaded Ukraine in what Moscow calls its "special military operation", the war has thrown global financial markets into severe turmoil as the charts below show.

In his ninth-floor office on Paris's Avenue Montaigne, Europe's wealthiest man, Bernard Arnault, is spending long hours plotting a post-virus future for his luxury goods empire, LVMH. At 71, the billionaire has lived through several crises, but none quite like this one, with his armada of more than 70 brands -- from Dior to Fendi -- hit from all si...

EU states that refuse to accept migrants should face financial penalties, French President Emmanuel Macron said Saturday, prompting a furious response from Rome on the eve of an emergency mini-summit in Brussels about the escalating crisis dividing Europe.

The Swiss bank that built its fortune tapping new opportunities in the U.S. two centuries ago is telling investors to ditch sclerotic Europe and have greater faith in emerging markets.

Lotus have been involved with a row over engine payments and team officials have blamed the time difference between Europe and Japan for delaying track payments to track authorities.

German Chancellor Angela Merkel's conservatives want to limit the financial incentives for refugees coming to the country as their numbers soar, a paper showed on Wednesday, underlining the strain the crisis is putting on Europe's largest economy.

From the United States to Europe and Asia, financial markets have been cowed, then calmed and are now coddled by the limitless power of central banks to print new money to ward off systemic shocks and deflation.

There was little evidence of panic, however, with investors pointing to Europe's improved ability to fight financial contagion since the height of the euro debt crisis in 2011.

The US dollar rallied on Tuesday after a string of healthy economic data boosted near-term rate hike prospects, while Greece's financial crisis and signs of growing opposition to austerity in Spain weighed further on the euro.

Talk of Greece crashing out of the euro is back. And the question of whether Europe can handle another crisis in Greece is heightening financial uncertainty for the currency union just as it is struggling to grow and create jobs.

Kazakh President Nursultan Nazarbayev followed his Belarussian counterpart to Ukraine today as Moscow's old allies built bridges to Europe while Russia's financial crisis and diplomatic isolation grew.

A day after German industrial orders saw their biggest monthly drop since the height of the global financial crisis in 2009, its industrial output figures for August plunged by 4.0 per cent, also the biggest fall in five years.

With economies across Europe sputtering, that shares remain near their highest levels since the 2007-8 financial crisis is chiefly a reflection of the billions in stimulus pumped into the financial system by central banks over the past five years.