scramble

Multinational companies are buying more financial protection against swings in emerging market currencies. more...

Fear of another downturn in the world economy lurks behind the smiles and relaxed atmosphere; the Czech Republic is heavily reliant on exports to the euro zone, especially Germany, for its economic growth. more...

World markets have behaved until now as if it were inevitable that Congress would raise the debt ceiling *before the Treasury Department exhausts its ability to pay all of its bills in early August. The breakdown of negotiations Friday has jolted that sense of equanimity, the New York Times...