Europe

Germany has refused to give any ground on Europe's rescue machinery despite the escalating political and economic crisis across much of the eurozone periphery, guaranteeing a bitter clash with EU partners at a crucial summit in Brussels today.

Deputy governor of the Bank of England Charles Bean says another eurozone sovereign debt crisis could "derail" Britain's recovery, hitting businesses and households hard.

ON EUROPE

ON BONDS

European fund managers are increasingly finding value in non-euro countries. Joanna Faith reports.

EUROPE EX UK

Investment guru Jim Rogers believes a number of countries in Western Europe are bankrupt or have serious liquidity problems and need to restructure their debt.

US markets closed 1% ahead yesterday on a buoyant day for global shares as fears around the European sovereign debt crisis eased.

ON ASSET ALLOCATION

Andrew Lake of Aviva Investors looks at how high-yield has found its place in the market