BBC World Service - Most Recent
Jun 27, 2012
The 15-month uprising in Syria has been especially worrisome for Turkey -- which shares a border -- now more than ever after Syria shot down a Turkish military plane last Friday. Before the conflict, the two had been trading partners.
Jun 26, 2012
A government plan would increase the nation's sales tax from 5 percent to 10 percent. Critics say this would affect consumer spending.
Jun 25, 2012
Egypt has a new president-elect. It's Mohamed Morsi, whose political party, the Muslim Brotherhood, was banned while former President Hosni Mubarak was in office.
Jun 22, 2012
With consumer demand still sluggish in the U.S. and Europe, China is looking elsewhere for new customers to places like Brazil. In fact, this week China and Brazil agreed to a landmark deal that avoids using the U.S. dollar.
Jun 21, 2012
The U.S. Federal Reserve says it will continue holding interest rates down the rest of the year through its "Operation Twist" -- swapping short-term securities for long-term ones. But the economic crisis is global, and ours is not the only central bank that's worried about stoking economic growth.
Jun 20, 2012
The U.S. and Europe are focused on diplomacy and sanctions to stem violence in Syria -- and perhaps force the current regime from power. One problem is Russia's alleged supply of arms to the government there. But Western diplomats have discovered a vulnerability: every weapons-carrying ship has to carry insurance.
Jun 18, 2012
The Greek election result has so far brought modest relief to financial markets around the world. A victory by the New Democracy party suggests Greece is not headed for a quick and messy exit from the euro.
Jun 18, 2012
Voters in France this weekend gave President Francois Hollande's Socialists a solid majority in the lower house of parliament, complementing their majority in the upper house and thus, complete legislative power in the government.
Jun 11, 2012
European leaders agreed to bail out Spain's banks to the tune of $125 billion over the weekend. Spanish banks were hemorrhaging cash ahead of this weekend's crucial election in Greece -- that could lead to a Greek exit from the euro.
Jun 11, 2012
Wounded banks in Spain will now be able to draw up to $125 billion in money from the EU. Spanish Prime Minister Mariano Rajoy credited government reforms with limiting the scope of the financial crisis to the banking system.