In the short run, the Euro could be choppy, tending towards weakness. Indian exporters to Eurozone should keep an eye on the unfolding political landscape and the monetary policy meetings later in October.
US President Donald Trump today praised German Chancellor Angela Merkel for the "fantastic job" organising the G20 summit, despite violent protests that blocked his wife Melania for hours
Germans need to overcome their traditional fear of the large-scale collection of personal data by companies and instead embrace its opportunities or risk being marginalised in the global economy, Chancellor Angela Merkel said on Tuesday.
India's participation in the world's leading trade fair for industrial technology that is expected to attract over two lakh global leaders in business, technology, industrial scientists and policy makers this year stands as the most significant international statement the 'Make in India' programme has made to date.
According to the LA Times, precisely how the surveillance is conducted is unclear, but if a foreign leader is targeted for eavesdropping, the relevant US ambassador and the National Security Council staffer at the White House who deals with the country are given regular reports.
The 67-year-old vice chair of the Fed is the first woman to even be considered to lead it, and the first nominated to lead a major central bank—one of the highest glass ceilings remaining for women.
Participants spoke about such varied routes to human contentment as keeping elephants off crops in southern Bhutan, mobile phone applications for organic farmers in Kenya or building bicycle paths in Colombia.
Barring major geopolitical shocks,the world economy in 2013 should mark the beginning of sustainably faster growth with declining trade imbalances.
After the extended rally across global markets, Andrew Economos of JPMorgan AMC anticipates a pullback. However, he sees the equity markets to resume its rally into the fourth quarter.
Shares firmed on Friday as German Chancellor Angela Merkel voiced support for the European Central Bank's efforts to contain the euro zone's debt crisis, soothing investor nerves and prompting them to scale back safety bids.
UBS economist Martin Lueck explains to CNBC-TV18 that statement made by Draghi of assuring that he would do everything in his mandate to rescue euro seems coordinated as it was backed up by statements issued by Merkel, Hollande and Monti.
Rally extended in global markets on Europe‘s resolve to save Euro. US markets were at their best on Friday since early May.
Germany dismissed a French-led call for euro zone governments to issue common bonds, a day before a European Union summit which investors are looking to for new measures to counter the bloc's debt crisis.
Standard Chartered‘s senior economist Sarah Hewin takes CNBC-TV18 though a quick tour of significant developments across Europe - from positive signals in Greece on rumours of a coalition to Germany's Merkel being sympathetic to France's Hollande's views of tempering the austerity compact with growth plans
Germany, Europe's largest economy , is attracting cash-rich Chinese businesses looking to build a global profile
The US markets squeezed out small gains, adding to the previous week's robust rally, as investors turned their focus to fourth-quarter earnings season and as Merkel and Sarkozy discuss their rescue plan.
"Merkel und Sarkozy wollen automatische Strafen für Schuldensünder." That's the headline for the news about Angela Merkel`s and Nicolas Sarkozy`s plan to rescue Europe in Germany's Der Tagesspiegel newspaper.
Roger Nightingale of Roger Nightingale & Associates is not a hopeful man. According to him, the world economy has burned its wings. “I am afraid we are with absolute certainty in a recession. There is a great possibility of a depression too,” he says in an interview with CNBC-TV18.
A new clash over the European Central Bank and political turmoil in Italy kept the euro zone on edge on Tuesday on the eve of a summit meant to confront the currency bloc's worsening sovereign debt crisis.
Financial markets worldwide are seeing another bout of nervousness from investors, and according to Richard Harris of Quam Asset Management, this is because of poor global economic indicators.