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    Fed has no plans to help Europe, Dudley says (Reuters)

    Fri, 12/16/2011 - 15:34 EDT - Yahoo! Business News
    • Business
    • YahooBizNews

    Reuters - Europe's financial crisis poses a threat to U.S. banks and the economy but it is up to the continent's leaders -- not the Federal Reserve -- to find a resolution, a top official at the central bank said on Friday.

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    • Economist: Euro Crisis Could Erupt Again This Year

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      The Financial Times reports Brussels hit by strike as EU leaders meet. A general strike brought widespread disruption to Belgium on Monday, as European Union leaders arrived for a summit in Brussels with a focus on boosting employment across the region. Trains, shipping, air travel and public transport were all hit by the trade union action, called in response to reforms enacted hastily by the new government of Elio Di Rupo.

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