Holly Ellyatt, NBR, CNBC.com’s Posts

In a further sign of the deteriorating relationship between Athens and Berlin, Greece’s Justice Minister suggested that German property in the country could be confiscated to compensate for the Nazi occupation of Greece, according to media reports. Greek officials believe Germany should compensate the country for damage done during its occupation by the Nazis in …

European equity markets might be cheering a deal to extend Greece’s aid by four months, but many ordinary Greeks feel their government has backtracked from its grand promises to strike out the bailout. Greece’s left-wing government, led by Prime Minister Alexis Tspiras, was given a lifeline Friday when the Eurogroup of euro zone finance ministers …

Food prices might be soaring in Russia, as inflation continues to rise – but the cost of one Russian staple is coming down: vodka. The Russian government has cut the minimum price of vodka, in an attempt to stop people turning to moonshine – or high-proof counterfeit spirits – amid rising prices, according to local …

A single Bluefin tuna has sold for $37,500 in the first fish auction of the year this weekend in Toyko, Japan, according to media reports. The 400-pound (180kg) fish was bought by Kiyoshi Kimura, the owner of a Japanese sushi chain, AP news agency reported. It is the fourth year in a row that he …

Last year was a tumultuous year for oil, with Brent crude prices declining around 50 percent since June on the back of an over-supplied market and lack of global demand. From “old school” oil producers Russia and Saudi Arabia in the east to shale oil in California and oil sands in Alberta in the west, …

The oil price hit a 5-½-year low on Tuesday, in a move likely to wreak yet more economic havoc on countries like Russia and Venezuela—but major oil producer Saudi Arabia looked to be relatively unscathed. Prices extending losses into a fourth session, before turning positive. One analyst told CNBC that Saudi Arabia—the largest producer in …

The U.K.’s Royal Household has mismanaged its finances and could do more to pay its own way, according to the British Parliament’s finance watchdog. There is “huge scope for savings” on the annual £31 million ($51 million) of taxpayers’ funds that the queen is given to spend on official duties, according to the Public Accounts …

The price of oil will come under “serious downward pressure” as the nuclear deal between Iran and six world powers kicks in next week, a leading analyst told CNBC. In an interim deal struck between Iran and the UN Security Council plus Germany in November, Iran agreed to freeze parts of its nuclear program in return for …

Natural disasters caused more than $125 billion of damage in 2013, with Typhoon Haiyan causing the greatest amount of damage and casualties, according to a report from European reinsurer Munich Re. The Philippines typhoon was last year’s deadliest event, killing more than 6,000 people and causing more than $10 billion worth of damage, equivalent to around 5 …

The global rally in stocks has made it harder to find value in equities but global strategists at Citi have found what they think are the “seven remaining value trades.” Citi’s global strategy team noted that global equities have “rerated” – or changed in value — by 40 percent over the last two years with …

Standard & Poor’s (S&P) credit ratings agency has lowered its U.S. growth forecast warning of “significant downside risks” from federal spending cuts. “We’ve lowered our forecast for U.S. GDP growth in light ofthe additional sequester spending cuts in 2014 as well as the potential for another political standoff in Washington after the October government shutdown,” …

Fast food workers from 100 cities across the U.S. are expected to stage a mass strike on Thursday, marking the largest ever push for higher wages. Workers in the industry are demanding that their wages be raised to $15 per hour from the current level of $7.25, the federal minimum wage, a move that is …

Consumers are expected to take to the Web to get the best deals delivered in time for Christmas on Monday in what is expected to be the busiest online shopping day of the year, but it may not be all good news for retailers. Analysts warn that the latest retail data show average spending over …

The euro zone’s economy slowed in the third quarter, sending a worrying signal to other global economies that demand from one of their biggest trading partners could fall back. The annual gross domestic product of the 17-country group grew by just 0.1 percent in the third quarter of 2013, marking a slowdown from an expansion …