EUROPEAN leaders may struggle to maintain the euphoria that drove the euro to its biggest one-day gain in more than a year as scrutiny deepens on their latest attempt to stem the region’s turmoil.

Fears the global financial crisis could get worse in the coming months saw widespread losses in London today as the FTSE 100 Index slumped more than 2%.

Fears the global financial crisis could get worse in the coming months derailed the UK banking sector’s recent share price recovery today.

IN the oil debate, fingers are pointing accusingly at China’s growing appetite for the black gold.

IT has gone virtually unnoticed that rising oil prices and a weak dollar have been running in tandem for some time.

The International Monetary Fund slashed its growth estimates for the euro bloc today.

The International Monetary Fund has attacked Argentina's economic policy, describing it as unsustainable.

The IMF says it's likely the US will enter a recession following the US terror attacks.