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Investors are about to find out if the economic woes in Europe are going to deliver a deep wound to U.S. company earnings instead of the mere scratch that many expect.
A collapse of the euro and break-up of the European Union would have catastrophic consequences for the global financial system, billionaire investor George Soros was quoted as saying.
As the World Petroleum Congress ended in Doha, Qatar oil prices were forecast to remain at around $100 a barrel next year.
The interest rate cut was aimed at boosting euro zone growth.
The Kyrgyz Government will meet all social and other obligations planned for the current year budget, the acting Prime Minister of Kyrgyzstan Omurbek Babanov stated.
Kyrgyzstan's president has asked the minority Social Democratic Party to form a new coalition government in a bid to restore political normalcy to the struggling Central Asian nation.