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Greek debt crisis nearing critical moment

Sep 19, 2011
The Greek finance minister spoke out today against the potential for unfair treatment by other European officials as his country's debt crisis worsens.

Developing BRICS countries less affected by European downturn

Sep 16, 2011
The global economy we live with today means that when Europe hurts, we all hurt. But developing nations like Brazil are hit much less hard these days than the U.S.

U.K. seeks to reform date stamps on food packaging

Sep 15, 2011
In the U.K., families throw away over 5 million tons of perfectly good food every year. The U.K. government thinks "sell-by" dates are to blame.
Posted In: Food

French banks downgraded amidst growing eurozone crisis

Sep 14, 2011
Because of their exposure to Greek debt, Moody's has downgraded two of France's biggest banks.

Scotch whisky exports up 22 percent from 2010

Sep 12, 2011
Despite the global recession, Scotch whisky exports to the rest of the world were worth more than $2.8 billion in the first half of the year. But it might not be because of financial woes that more people are drinking up.
Posted In: Food

Court rules German bailout of eurozone to be legal

Sep 7, 2011
Last year, the German government bailed out Greece and other eurozone countries that had run up against tough economic times. Despite the unpopularity of the measure, courts have ruled the moves legal.

Venice Film Festival hit by economic downturn

Sep 5, 2011
The Venice Film Festival has been hard hit by the global economic downturn, leaving a large building project unfinished. But the industry hopes to continue to attract American funding.
Posted In: Entertainment

Mexican economy still strong despite drug wars

Sep 5, 2011
The Mexican economy continues to prosper despite the ongoing, deadly drugs wars in the country. But is this growth sustainable as the conflicts continue?
Posted In: Mexico

Libya begins to see its assets released

Sep 1, 2011
Bit by bit, frozen assets are being released to Libya as the international community begins to recognize the end of the Gaddafi regime. But why are some still holding back?

Qatar set to gain in Libya after early support for rebels

Aug 30, 2011
The gulf state of Qatar is set to gain both economic and political power in the wake of its support of the Libyan opposition.

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