Charts
Iran sanctions will hit its economy, but not kill it
Over the last few months Western governments have been tightening the economic noose around Iran.
U.S. inches closer to 'Europe moment'
Bond yields are slowly creeping up in the United States as the economy improves. But with a yield barely above 2%, the 10-year Treasury is still not that far above its all-time lows.
Overall market news
Italy, Spain downgraded by Fitch
Fitch downgraded the sovereign debt ratings Friday of five European countries, with Italy and Spain taking the biggest hit.
The great Mediterranean executive migration
Given the troubles in the eurozone, it's little wonder that the number of executives in Greece and Italy seeking jobs elsewhere in the world is rising. According to the Cyprus-based firm One Hour Translation, the volume of résumés it translated from Greece and Italy rose sharply last year -- by 29% and 54%, respectively. The majority of the job applicants wanted their résumés translated into English or German, presumably because that's where the high-paying jobs are. The question is, If these job aspirants have such lousy language skills that they need their résumés translated, how do they hope to get through an interview, let alone work in these other countries?
Portugal under pressure, but default unlikely
Portugal has come under heavy pressure in the bond market this week as investors fear the nation could be the next domino to fall in the eurozone debt crisis.