The pessimists warning of a short-lived, or chronically weak, single currency at the European Central Bank’s inception in June 1998 have so far been “spectacularly wrong”, as Edward Hadas notes on Breakingviews.

Uh-oh. We must really be in trouble. The Organisation for Economic Co-operation and Development (OECD) has singled out Britain’s economy for especially gloomy treatment in its latest six-monthly take on the world economy.

Well, well, well. Another development in the ongoing saga of my former employer, Northern Rock.

For the past several years, the Pilbara Region of Western Australia has witnessed a boom like few mining districts have ever seen.

You could say the Canadian financial services sector has weathered the sub-prime crisis better than most…at least compared to the U.S. and Europe.

After voting to hold rates steady at its monthly meeting today (Thursday), European Central Bank (ECB) President Jean-Claude Trichet said a rate hike in July is “possible.”

Good morning Australia. It’s another triple digit mid-day decline on the Dow. Is this the Obama Rally?

The United Nations announced yesterday (Wednesday) that an additional $20 billion would be needed each year to combat global hunger.

Struggling U.S. financials Citigroup Inc. (C) and Merrill Lynch & Co. Inc. (MER) may get another equity injection from state-owned Kuwait Investment Authority (KIA), the fund’s managing director told Reuters.

Web-based bookie Sportingbet (LSE: SBT) tickled investors with a third-quarter profit boost driven by active European and Australian gambling markets.