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Obama presses ailing Europe to focus on growthWASHINGTON (Reuters) - President Barack Obama pressed Europe on Friday to shift toward a more pro-growth policy and away from austerity to tackle a crisis that threatens to push Greece out of the euro zone and send economic shockwaves worldwide. Setting the tone for a weekend G8 summit, Obama made clear he was aligning himself with the new French president's drive for more economic stimulus in ...more info Europe woes keep markets on edgeConcerns that Europe's debt crisis could drag down parts of the continent's banking system rattled most global markets Friday, though social network Facebook's IPO buoyed sentiment on Wall Street.more info Obama backs Europe growth pushPresident Barack Obama threw his weight behind France's demand for pro-growth policies in Europe Friday, as world leaders gathered at Camp David for a G8 summit darkened by Greece's possible eurozone exit.more info Joke on Europe as Madagascar sequel comes to CannesCANNES, France (Reuters) - The joke is on Europe, and in particular France, with the third animated "Madagascar" adventure, which has its world premiere at the Cannes film festival on Friday bringing big names in comedy to the red carpet. "Madagascar 3: Europe's Most Wanted", from DreamWorks Animation, is the first installment in the franchise to be shot in 3D, and studio bosses will be hoping ...more info Obama presses Europe for shift to growth focusWASHINGTON (Reuters) - U.S. President Barack Obama pressed Europe on Friday to shift toward a more pro-growth policy and away from austerity to tackle a crisis that threatens to push Greece out of the euro zone and send economic shockwaves worldwide. Setting the tone for a weekend G8 summit, Obama made clear he was aligning himself with the new French president's drive for more economic stimulus ...more info Global leaders seek to corral Europe crisisThe leaders of eight of the world's biggest economies meet this weekend outside Washington, seeking to keep Europe's debt crisis from spiraling out of control and jeopardizing fledgling recoveries in the U.S. and elsewhere.more info G8 leaders to focus on Europe's woesLeaders of the world's most powerful nations were to focus their attention on Europe's economic woes on Saturday after President Barack Obama threw his weight behind French calls for more pro-growth policies.more info Europe's economic woes dominate G8 gatheringBy Jeff Mason and Laura MacInnis CAMP DAVID, Maryland (Reuters) - U.S. President Barack Obama pledged at a Group of Eight summit on Saturday to work with Europe to balance growth with debt reduction as ...more info China 'concerned' over Europe woes: AustraliaGlobal powerhouse China is "very concerned" about the turmoil in Europe, Australia said, and will push for the world's leading economies to make a commitment to growth at the G20 summit in Mexico.more info Europe's banks on the brinkLONDON, May 17 (IFR) - The euro zone crisis was in full swing when Jean-Claude Trichet took the podium in Berlin last October 6 for his final press conference as president of the European Central Bank. Having helped create one of the longest periods of price stability in the history of central banking, Trichet was closing out his eight-year reign under siege. Soaring oil prices had made a ...more info |