In The News
BBC News World
Sun, 20 May 2012 20:40:38 GMT
May 20, 2012 02:59PM
Nationalist Nikolic in Serbia win
Nationalist Tomislav Nikolic is elected president of Serbia beating incumbent Boris Tadic in a run-off vote, and vowing to stay on the EU path.
May 20, 2012 11:32AM
Lockerbie bomber Megrahi is dead
Lockerbie bomber Abdelbaset al-Megrahi dies at home in Tripoli, nearly three years after he was controversially freed from a Scottish prison.
May 20, 2012 01:23PM
Nato to discuss Afghan withdrawal
Nato leaders hold a summit dominated by Afghanistan, as the alliance prepares to hand over security duties to Afghans by the end of 2014.
May 20, 2012 12:59PM
Deadly quake hits northern Italy
A magnitude-6.0 earthquake in northern Italy kills at least seven people, causing "significant damage" to the region's cultural heritage.
May 20, 2012 01:11PM
'Ring of fire' eclipse to begin
An annular eclipse, in which the Moon does not fully block out the light from the Sun, is set to take place across east Asia and the western US on Monday.
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CNN: World
May 20, 2012 03:08PM
May 18, 2012 12:26PM
13 years old and taking care of mom
At 13 years old, Nickolaus Dent is his mother's primary caregiver.
Jan 05, 2012 01:48PM
Do you know an everyday person changing the world? It's easy to nominate them as a CNN Hero.
May 07, 2012 07:55AM
Young refugees find footing in U.S.
Khalid Yohana was 7 years old when war reached his hometown of Mosul, Iraq.
Apr 30, 2012 08:24AM
Finding justice for Haiti's rape victims
Three days after a massive earthquake threw Haiti into chaos, Alvana was homeless, along with her two children.
Copyright 2012 Cable News Network LP, LLLP.
CNN Money: News/Economy
May 20, 2012 06:17AM
May 20, 2012 06:16AM
Ex-Goldman director set for insider trading trial
Rajat Gupta was once a board member at Goldman Sachs and managing director of consulting giant McKinsey & Co. Now, he's the biggest target yet in the government's sprawling insider trading crackdown.
May 18, 2012 03:30PM
Postal Service's next deadline: Aug. 1
The next deadline facing Congress to save the U.S. Postal Service is Aug. 1. That's when the agency won't have enough money to make a $5.5 billion payment to a retirement fund mandated by law.
May 18, 2012 04:53AM
The Greek financial system is straining hard for cash.
May 18, 2012 03:48AM
Dubbed the "no vacation nation," the United States lags behind most other developed countries when it comes to vacation days. But Americans don't seem to mind.
© 2012 Cable News Network LP, LLLP.
Forbes: Market News
Kenneth Rapoza on May 20, 2012 09:56AM
The Week Ahead: All Eyes On Europe's Escalating Crisis
Two years ago, the market was saying with near unanimity that Greece was simply too small to fail. The International Monetary Fund and the European Central Bank would swoop in and bail it out. Portugal would suffer, but survive. The IMF alone could bail out Lisboa.
Forbes Investment Letters on May 20, 2012 08:45AM
Forget Facebook Here Are 7 Tech Stocks Value Investors Should Love
Facebook's initial public offering is clear evidence that investors still have a respect for fundamental valuations. The stock was priced at 100 times trailing earnings, the kind of multiple that we make even momentum fans choke. Today, if anyone is choking on Facebook stock it is Morgan Stanley as it was forced to buy up shares at the offering to prop up Facebook's stock. Expect there to be downward pressure on FB.
Chitra Sundaram on May 19, 2012 12:23PM
Eurozone Debt Crisis Part 2: The Contagious Greek Patient Cannot be Kept Isolated
Greece has already defaulted, if you note the March 2012 debt deal which required private creditors (95% agreed) to take a greater than 50% haircut on their debt, and by doing so trigger an umpteenth bailout of ?130bn from the International Monetary Fund (aka USA), European Monetary Union (aka Germany ? with its sidekick, France) and the European Central Bank (aka Bundesbank or the German Central Bank). So why is it that we are not able to stop talking about it or the European Monetary Union? When Latin and Central America defaulted in the 1980s, that region was about 10% of World GDP of that time. Yet, it didn't seem to affect capital and trade flows the same way as the Eurozone Debt Crisis seems to be worrying the world today. And keep in mind that the PIIGS nations today, Portugal, Italy, Ireland, Greece and Spain are fully not more than about 8% of total Global GDP, primarily because Europe and other Developed nations are a much smaller % of Global GDP with the growth of emerging markets, notably, China. Here's the twist in the tale, however, The lower quality European debtors enjoy one special advantage over their Latin American compatriots: South Europe and Ireland enjoy the ?implicit guarantee? of its partners France and Germany, since their debt was not just issued in Euros, but also within the framework of the European Monetary Union.
Chitra Sundaram on May 19, 2012 12:07PM
Eurozone Debt Crisis Part 1: When Mexico was Greece and the U.S was Germany
?History doesn't repeat itself, but it does rhyme?, attributed to Mark Twain.
Abram Brown on May 19, 2012 11:07AM
Friday's Most Suprising Stock? Not Facebook, But The Brown Shoe Co.
One stock yesterday refused to be trodden down by investors running pell-mell from Wall Street. While most of the market slumped, the Brown Shoe Co. (BWS, $10.99) soared. It climbed 25% on surprising quarterly sales and upbeat guidance.