Europe

Sasha Mordovets | Getty Images
Russian President Vladimir Putin and Chinese President Xi Jinping toast during a signing ceremony on May 21, 2014, in Shanghai.

As Russia and China continue to forge trade pacts, including the huge $456 billion gas deal with Russian state-owned energy giant Gazprom signed in May, many Westerners are wondering whether this cozy relationship between the two nations is anything to be concerned about. “Right now China’s biggest goal is to deflate American dominance, and what …

Pascal Boegli | Getty Images

This week’s disappointing German manufacturing data are the latest sign the “strongman” of Europe is weakening, in what could mark a worrying turn for the rest of Europe. Tuesday’s industrial output numbers for Germany missed forecasts, with production slowing by 4 percent month-on-month in August. German factory orders, out on Monday, also showed a steep—and unexpected—decline. “The …

Why Scotland may never be the same

A huge sigh of relief in markets around the world on Scotland’s historic vote against independence, keeping the United Kingdom United. Even though a majority of Scots voted “no” to breaking away, Scotland may never be the same.

Scotland’s historic decision

The polls in Scotland and now closed and officials are tallying up the votes to see if a majority of Scotland’s people have decided whether to leave the United Kingdom and become an independent nation.

Katie Slaman | CNBC
An employee works the production line at the Ian Macleod distillery in Scotland.

Lack of certainty about Scotland’s currency, interest rate levels and membership in the European Union—which eliminates trade barriers in its largest market—all compete for the top of the list of worries. Mike Younger, one of the few Scotch executives who will speak to the media, is finance director for Macleod Distillers, makers of Glengoyne Single Malt. …

New sanctions against Russia

European Union officials have agreed to a new round of sanctions against Russia. They are expected to be imposed early next week. This comes just hours after world leaders wrapped up a two day NATO summit today, where Russia was on the docket.

Andrey Rudakov | Bloomberg | Getty Images

With the double threat of $14 billion more in fines for the Gulf of Mexico disaster and further Russian sanctions, BP seems to be having almost as bad a year as 2010. Back then, an explosion on its Deepwater Horizon oil rig killed 11 people and sent millions of barrels of oil flowing out of the Macondo …

Is it time to pay attention to global hot spots?

How important are all of the international cross currents for U.S. stocks and is it time for American investors to pay attention to trouble spots around the globe?

ECB weighs options

Banking officials in Europe are considering a U.S. style monetary easing program, but will it work in Europe and what are the risks?

iStock | 360 | Getty Images

When visiting Moscow in October 2013, what was supposed to be a fairly brief encounter with a Russian oligarch turned into a nine-hour dinner and one of the most insightful views into Russia’s future I’ve ever received. Ten months ago, before anyone ever dreamed that Russia’s President Vladimir Putin would invade Crimea and stir unrest in eastern Ukraine, the …

Maxim Zmeyev | Reuters
Armed pro-Russian separatists stand guard near the village of Hrabove, Donetsk region, Ukraine.

As pro-Russian militants intensify fighting in eastern Ukraine, the U.S. and European Union have stepped up an ongoing economic and trade war to pressure Moscow to back down. Now what remains to be seen is whether the moves provoke President Vladimir Putin to unleash a wider retaliation—including an energy embargo on European countries heavily reliant on Russian …

Maxim Zmeyev | Reuters
A part of the wreckage of Malaysia Airlines Flight MH17 is seen at its crash site, near the village of Hrabove, Donetsk region, July 20, 2014.

If perception is reality, then the Russian population would assume that the downing of Malaysia Airlines MH17 was the work of the Ukrainians—with the help of the U.S. Central Intelligence Agency, or vice versa. Just one day after the horrific tragedy that left 298 people dead, Russia’s Channel One ran a package telling its audience that the entire incident was orchestrated …

Josh Edelson | AFP | Getty Images

Microsoft has joined Google and launched its own version of the “right to be forgotten” request form for its search engine Bing, in an attempt to comply with a recent European Union ruling that has already sparked fierce debate over online privacy. The May ruling by the European Court of Justice was based bought by …

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Trader on the floor of the New York Stock Exchange.

U.S. stocks dropped sharply on Thursday, tracking European shares, after soft data from Italy and as investors worried about one of Portugal’s top banks. “We used to have a Europe crisis every two weeks, now we have one every nine months,” said JJ Kinahan, chief strategist at TD Ameritrade. Investors sought safety in U.S. Treasuries …

Pacific Press | LightRocket | Getty Images

The crisis in Ukraine may have slipped from the headlines briefly, but the increasing risks it poses shouldn’t be far from investors’ minds. A week-long ceasefire, which ended at 10 p.m. local time on Monday, had offered breathing space for a negotiated settlement of Ukraine’s conflict. After its conclusion, with no solution in sight, “the …