CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories, including the Fed meeting, the anniversary of the collapse of Lehman, and a short list of earnings reports. And new iPhones hit stores this week.
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A collapse of Europe's monetary union would likely lead to a breakup of the European Union as a whole, posing significant risks to the region and even raising the possibility of war in the long term, Poland’s Finance Minister told CNBC.
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The euro zone could collapse if its member countries do not work together to solve its debt crisis, but China is pleased to see that Germany and France are cooperating to avert that risk, a Chinese vice foreign minister said in an interview.
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The euro will collapse as a currency unless lawmakers, and especially Germany, can agree a common European tax regime and restructure some sovereign debt, a leading market analyst told CNBC.com after the European Central Bank intervened in the markets.
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Will the Italian debt crisis get worse or are the bond vigilantes just bullying the market? George Goncalves, Nomura Securities International, shares his thoughts with the Strategy Session team.
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"The way Europe is operating right now, its what I called recently 'cognitive dissonance,'" Scott Minerd of Guggenheim Partners said, or "basically doing the same thing thinking they're going to get a different outcome."
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The Doha round of negotiations on world trade faces collapse unless world leaders can reach a final agreement to lift trade tarrifs before the end of the year, a new report by the governments of the UK, Germany, Turkey and Indonesia warned on Wednesday.
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