Posted In: Investing
Investors may not longer be protected when the economy goes south. But punishing them may force Ireland to make greater austerity cuts. Marketplace's Christopher Werth has more.
Late yesterday European leaders announced a bailout for Ireland worth more than $112 billion. The hope is that the injection of cash will stabilize Ireland's banks and calm markets around the world. Christopher Werth explains.
Posted In: Housing
Over in London, the new era of austerity is already taking hold. The British government is making deep cuts to the budget, including a big reduction to what the country forks out on social housing. Christopher Werth has more.
Posted In: Auto
Perhaps in the not-so-near future, companies collecting tech gadgets -- phones, laptops, hybrid car batteries -- may be big business. With China's ownership of the rare earths commodity, companies are looking for new ways to mine for the rare earth -- starting with your junk drawer.
Posted In: Food
Soon cheese-makers across the United Kingdom face off for the title of supreme champion at the Great British Cheese Festival. The British Cheese industry has experienced something of a renaissance in recent years, and artisans from all over the country are turning up the heat on their European neighbors. Christopher Werth reports.
With Somali pirate attacks on the rise, more shipping companies are opting to get piracy insurance and hire maritime security firms to deal with hostage situations.
A new study shows that the global downturn has curbed Britain's appetite for alcohol. Christopher Werth reports.
Last year's tax on British bankers' bonuses failed. At a financial conference, the U.K.'s former finance minister, Alistair Darling, said the bonus tax didn't curb excessive pay in the industry. Christopher Werth reports.
Posted In: Food
Europeans are picky about their wine labels. Most believe wine should only be called Champagne if it's made in France. A new agreement between the European Union and Australia is beginning, which will mean that Australian winemakers can no longer make "champagne." Christopher Werth explains.