Greek Prime Minister George Papandreou

We see soft global economy, not only in the US or developed markets, but also in Asia, said Bill Belchere of Mirae Asset Management. He feels that the commodities would fall in this uncertain environment. He expects dollar to remain stable.

US needs about 150,000 jobs/month to maintain pace: EM Cap

Greek Prime Minister George Papandreou won a parliamentary confidence vote on Saturday. Meanwhile, the G20 summit ended with little progress on EU crisis. Seth R Freeman, chief executive officer of EM Capital Management shared his views on the news coming in from Greece and G20 summit, and the possible implications on the markets.

Greek referendum threatens new euro zone crisis

Greek Prime Minister George Papandreou has threatened the euro zone with a new crisis with his shock announcement that he will hold a referendum on the last-minute bailout deal struck only last week to try to contain the bloc's debt mountain.

Greek PM calls referendum on new EU aid deal

Greek Prime Minister George Papandreou on Monday called an unexpected referendum on a new EU bailout deal for his debt-ridden country, a move that could prompt snap elections if a public angry with austerity rejects the terms.

EU leaders to renew battle over Greek crisis at summit

European leaders will try to convince Greeks and financial markets when they meet on Thursday and Friday that they have a workable plan to help Athens avoid a debt default and return to financial stability.

Greek PM faces confidence vote, fights to avert default

Greek Prime Minister George Papandreou faces a confidence vote on Tuesday, a hurdle he must clear to win backing for a new round of spending cuts, tax hikes and state asset sales needed to secure a 12 billion euro lifeline and avert the euro zone's first sovereign debt default.

Italy & Greece down; is the Eurozone debt bomb ticking?

The doubts about Europe's ability to manage its debt hammered global markets on Monday. The European equities sank to the bottom, their lowest in more than a month post the rating agencies lowered their credit outlook on Italy and Greece.

Greece discusses fiscal plan, lenders' pressure up

Greek Prime Minister George Papandreou discussed new emergency measures with his cabinet on Monday to cut the deficit, keen to convince lenders Athens can deal with a debt crisis without a restructuring.