The country of Greece is the black sheep of the EU. It may be the first to exit the EU, which will be difficult because when the EU was formed, there were no provisions provided for a country to exit. It's like the Hotel California. You can check out any time you like, but you can never leave.

Exclusive: RBS receives bids for Greek shipping business - sources

A man walks past a branch of The Royal Bank of Scotland (RBS) in central London, Britain August 27, 2014.
Reuters/Toby Melville/File Photo

LONDON The Royal Bank of Scotland has received bids for its Greek ship finance business, banking and financial sources familiar with the matter said, following a leap in bad shipping debts at the lender over the past few months.

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Israel's 'Cornflakes Law': crunch time for high food prices?

JERUSALEM For generations of Israelis, brand names like Heinz Ketchup, Skippy peanut butter and Kellogg's Cornflakes were a costly luxury -- available in stores but often passed over in favor of cheaper, locally made products.

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Oil prices top $50, Asian shares struggle as China sags

Visitors looks at an electronic board showing the Japan's Nikkei average at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, February 9, 2016.
Reuters/Issei Kato

TOKYO Brent crude oil rose above $50 a barrel for the first time in nearly seven months on Thursday but Asian shares struggled to gain traction, with worries about U.S.

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Greece could lift capital controls by year-end: bank association head

A street vendor displays Greek national flags for sale in front of the Bank of Greece headquarters during a student parade marking the ''Ohi'' (No) day, the country's rejection on Italy's ultimatum to surrender as the World War II flared up, in Athens, Greece, October 28,.
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Asian shares gain, dollar firm as US data soothes rate fears

A pedestrian holding her mobile phone walks past electronic boards showing the Japan's Nikkei average (top L) and the Japanese yen's exchange rate against the euro (top R) outside a brokerage in Tokyo, Japan, February 9, 2016.
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U.S. Indices

1 S&P 2,439.07
+0.77 (0.03%)    
2 DOW 21,409.55
+14.79 (0.07%)    
3 NASDAQ 6,247.15
-18.10 (-0.29%)    
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