Markets will wait for ECB silver bullet, but not for long

(Reuters) - Investors have put their faith in the European Central Bank's ability to get on top of the euro zone debt crisis and even if detailed plans take longer to materialize than expected, the momentum in financial markets may prevent an immediate meltdown.

Global Economy: Crash or Gradual Slowdown?

The debate over whether the world's economy is facing a dramatic crash has gained traction in recent weeks, as the euro zone debt crisis continued to dominate headlines and worries about other major economies like the U.S. and China grew.

Global food prices on the rise again: World Bank

WASHINGTON (Reuters) - Global food prices are rising again, pushed higher by costlier oil, strong demand from Asia and bad weather in parts of Europe, South America and the United States, the World Bank said on Wednesday.

Ifo cheer fades as euro zone debt fears resurface

LONDON (Reuters) - Spain's and Italy's stock markets fell on Monday as fears they will struggle to enact reforms needed for growth returned, but a report that Germany may agree to combine the euro zone's two bailout funds temporarily lifted the two countries' bonds.