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Europe's economic ailments, triggered by a festering debt crisis, left Asian factories reeling in June.
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Europe's festering debt crisis is another threat not just for policymakers but also for otherwise chipper CEOs.
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Europe's festering debt crisis was another nagging worry for policymakers but also for otherwise chipper CEOs in Davos.
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Europe's festering debt crisis and the prospect of planned U.S. tax hikes and government spending cuts weigh on the outlook.
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The safe-haven dollar rose on Wednesday as the euro zone's festering debt crisis put the single currency under renewed pressure.
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Factory activity also rose in China, the United States and Germany in January, smoothing worries over the fallout from Europe's festering debt crisis.
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Oil fell on Friday and posted a second straight weekly loss, while world stocks have also slid on uncertainty over Europe's festering debt crisis.
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But the ECB's decision in mid-2011 to hike rates pre-emptively went awry, fanning the currency bloc's festering debt crisis, and won't be easily forgotten.