The future of the Euro hangs in the balance as Greece holds elections that – based on polls heading into Sunday – will be neck-and-neck. The outcome of the election will certainly impact the direction of Greece, but will also impact global markets, and has the potential to have a real influence on whether the global economy falls back into receession or trudges forward.
More than 80 people were killed in government attacks on the city of Homs and the US and UK have stopped a ship allegedly carrying Russian helicopters to Syria. The Russian government has denied it was sending arms to Syria.
Heading into next week’s G20 meeting, Chinese President Hu Jintao has called on Europe to address its financial problems, a sign China is concerned about the impact of the Euro crisis on its economy.
The meeting will also serve as an opportunity for Russia and the US, as a New York Times guest columnist frames it, to realign the reset of relations. However, will domestic politics looming, President Obama likely will take a hard stance in discussions with Vladamir Putin.
Week ahead for the markets
The markets this week will be influenced by a host of events, including the Greek election results, signals coming from the G20 meeting, and the Meeting of the Federal Reserve Board’s Open Market Committee.
Smithsonian magazine looks at how chicken became the universal meal.
Twenty years after the Rio Summit on Sustainable Development, food security remains a high concern in developing nations.
Can traffic jams be eliminated with a simple incentive?
Burma’s Aung San Suu Kyi to return to Oxford.