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CNBC's Michelle Caruso-Cabrera breaks down the surprising interest rate move made by the Turkish central bank to address lira concerns. more...

The euro held huge gains in Asia on Tuesday after hopes for a new EU debt plan sparked a correction in a deeply bearish market, though sentiment remains fragile as European leaders have disappointed many times before. more...

The Swiss central bank's decision to set a limit on how much the Swiss franc can appreciate against the euro is "a huge mistake," investor Jim Rogers, chairman of Rogers Holdings, told CNBC.com on Wednesday. more...

Greece declared a state of emergency on Friday in its northern region of Evros and asked the European Union for help to battle a major forest fire which raged unabated for a third day. more...

The record borrowing by the U.S. and European Union to get out of the credit crisis will force governments to stay involved in markets to ensure an orderly decline of this debt load, some market pros believe. more...