Andrew Walker

Things may be better in Europe than we thought.

As we await the name of the new British royal baby, let's take a look at the economics of the birth.

The U.S. and EU kick off trade talks today, but there may be an unpleasant odor as negotiations begin: European anger over U.S. spying revelations.

France is in recession, while Germany's economy has expanded.

Brazil's Roberto Azevedo has been chosen to become the next leader of the World Trade Organization, he will be the first Latin American to head the international group.

The World Bank is getting a new president. Jim Yong Kim, who's currently the head of Dartmouth College, will be taking over the Washington-based global lending institution beginning this summer.

President Obama has announced his choice for the U.S. nominee to lead the World Bank, Jim Yong Kim. Judging from history, Kim is likely to win the role.

How would the IMF and the World Bank really change if the new leader was appointed from a developing nation instead of the U.S.?

At the European summit today, focus is not only on Greece's debt, but a French plan to charge banks a fee for each and every financial transaction.

In Greece, tax collectors are on strike to protest benefit cuts while in Italy, the government was able to borrow $9 billion to help pay for services, but banks willing to lend also demanded a high return.