Italy's Mario Monti said on Tuesday he was ‘absolutely convinced’ the country will overcome an unprecedented debt crisis, adding that he would unveil his new government ‘within hours’.

"I am absolute

Italy's Mario Monti said on Tuesday he was ‘absolutely convinced’ the country will overcome an unprecedented debt crisis, adding that he would unveil his new government ‘within hours’.

"I am absolute

Greece’s lawmakers are to vote on Thursday on intensely unpopular new measures needed to secure continued payment from an international bailout fund as the country remains paralysed by a two-day general strike.

The world's leading economies pressed Europe on Saturday to act decisively within eight days to resolve the euro zone's sovereign debt crisis which is endangering the world economy.

In unusually dire

Billionaire investor George Soros and some 100 former European dignitaries Wednesday published an open letter warning that the eurozone debt crisis could bring down the global financial system.

"The

The Group of 20 major economies have vowed to mount a powerful response to the rising challenges facing the world economy as it reels from a debt crisis in the eurozone.

The pledge, made in an unexpe

Gold prices surged in futures trade to hit a new record high of Rs 27,725 per 10 grams on Friday after the precious metal climbed to a fresh peak in global markets as escalating concerns about the deb