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Expect a far more dovish India central bank

Ansuya Harjani, CNBCFebruary 15, 2013 13:27
The Reserve Bank of India (RBI) stood on the sidelines for much of 2012 as worries over runaway inflation trumped growth concerns. Now as price pressures abate, the central bank is expected to step up monetary easing significantly to revive flagging growth in Asia's third largest economy.

Russia: Don't compete through currency devaluations

Katy Barnato, CNBCFebruary 14, 2013 16:20
Russia fueled the G-20 currency war debate on Thursday, when the Russian finance minister criticized countries that are trying to stimulate their economies through currency devaluation.

Why this week's Bank of Japan meeting matters

Katie Holliday, CNBCFebruary 13, 2013 17:29
February's Bank of Japan (BOJ) meeting should be less action-packed than January's, which saw unprecedented steps to revive a weak economy. Still, the meeting is important, especially as the central bank prepares to usher in a change in its top policy makers, analysts say.

Spanish leader teeters under corruption scandal

February 9, 2013 07:01
MADRID — Ticking up by a few thousand each day, the online petition's signatures have surpassed 1 million. Its demands are simple: Senior members of Spain’s governing Popular Party should resign over recent corruption allegations.

Food bank visits surge, not just for the poor

Matt Clinch, CNBCFebruary 8, 2013 14:04
With unemployment at a 16-year high and one in five people living below the poverty line, the number of people using food banks in the United Kingdom has escalated during the recession. But it's not just the less well-off that are in need of help.

Crisis in Greece (PHOTOS)

Milos BicanskiFebruary 8, 2013 07:35
ATHENS — Economic crisis is changing the face of Greece. The private sector has been losing more than 1,000 businesses a week while the country has struggled with violent protests, nationwide strikes and a dramatic rise in homelessness. With few signs of improvement in the near future, many Greeks are trying to cope with whatever they can scrounge from government food programs, charities and dumpsters. Here's a look at how many are living.

JPMorgan: Expect long-term damage in Spain

Matt Clinch, CNBCFebruary 6, 2013 14:34
The current scandal surrounding Spanish Prime Minister Mariano Rajoy will not disappear any time soon and investors should expect ongoing volatility, according to the European research team at one of the world's largest banks.
February 6, 2013 07:20

Why a ‘small’ bailout for little Cyprus is a big deal

Commentary: Letting one member fail can be contagious for the rest of the euro zone.
Cyprus bailout 252013Enlarge
People walk past closed shops in the old town of Nicosia, Cyprus, on Jan. 26, 2013. The bailout of Cyprus is garnering much less attention than did the help provided to other struggling euro zone members. (Patrick Baz/AFP/Getty Images)
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The bailout of Cyprus is garnering much less attention than did the help provided to other struggling Euro Zone members. Cyprus is tiny, and rescue or no rescue, the euro will remain largely unaffected. Or so the argument goes.
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Spain's economy still 'very challenging' despite progress

Katy Barnato, CNBCFebruary 4, 2013 18:12
Risks to Spain's economy and financial sector remain elevated as the country undergoes a difficult process of fiscal and external adjustment, the International Monetary Fund reported Monday. Despite its concerns, the IMF praised Spain's progress in bank recapitalization.
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