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Peter Spiegel

A road leads to the U.S. Capitol in Washington

Asia may be the winner as Europe and America kick the debt crisis can down the road, again

Global Politics

Congress has narrowly avoided a global financial crisis by taking a cue from Europe. Both regions are kicking the can down the road, rather than finding lasting solutions. Short-term fixes, though, may lead to long-term decline for the West.

Keeping the Greek economy from sinking the eurozone

Business, Economics and Jobs

Outlook for U.S. and Global Economies May Be Grim Following Weak Jobs Report

Markets React to the New Euro Pact

Europe on the Brink as Greece Calls Off Referendum

The World

Bernanke expresses doubts on economic recovery

Global Politics

In testimony before a Congressional committee on Tuesday, Federal Reserve Chairman Ben Bernanke warned lawmakers that the economic recovery U.S. “is close to faltering.” Peter Spiegel discusses whether the U.S. could be headed for a double-dip recession.

The World

Greek and German Leaders Meet Over Debt Crisis

Business, Economics and Jobs

Greek Prime Minister George Papandreou and German Chancellor Angela Merkel met in Berlin Tuesday for crisis talks about saving the Greek economy.

Saving Greece and the Euro

Global Politics

In the latest attempt to stabilize the eurozone debt crisis, a number of measures are being discussed according to reports from the weekend’s international meeting in Washington.

Central Banks Opens Credit to Struggling Euro Zone Banks

The European Central Bank announced yesterday it will work with the Federal Reserve to open new lines of credit to banks in the 17 nations that use the euro. The Bank of England, Bank of Japan and the Swiss National Bank are also pitching in to help. The ECB says it will allow banks in […]

The World

The Looming Greek Default

Conflict & Justice

Europe continues to struggle with finding a way out of its economic crisis. The most immediate threat to the Eurozone is the possibility of a Greek default. But some are openly wondering whether it’s time to let Greece go.