Obama to press EU leaders over debt crisis

President Barack Obama will press European Union officials on Monday to reach a definitive solution to their sovereign debt crisis which is emerging as a major 2012 U.S. election worry. As Germany

China eyes European assets

China's Commerce Minister plans to lead an investment delegation to Europe next year, hoping to pick up some plum assets on the crisis-hit continent. China has been reluctant to publically commit to

Kuwait cabinet to meet amid political crisis

Kuwait's ruler will hold an emergency meeting with his cabinet on Monday to try to avert a possible government collapse after three ministers resigned amid growing protests, a Kuwaiti newspaper said. Kuwaiti

Top 10 unusual shops – Travel Picks

As the holidays approach, there are numerous things to dread: long hours spent in airports, seasonal weight gain, and searching for gifts for everyone on your list. To help with the shopping

Moody’s cuts Hungary to “junk”

– Even with new IMF/EU deal, Hungary vulnerable to shocks -Moody's  – Decision not justified, part of "attack" against Hungary -govt Credit rating agency Moody's cut Hungary's debt to "junk" grade late on