Posted In: India
India has a much younger population than many developed countries, but this “demographic dividend” is a only a good thing when young people can find work.
Posted In: Eurozone, bonds
Several countries in the eurozone are preparing to borrow by selling bonds. Each nation in the bloc is becoming more wary of buying the debt of its neighbors.
Posted In: Europe
French President Francois Hollande travels to Berlin today to meet with German Chancellor Angela Merkel. That comes a day after Greek prime minister Antonis Samaras asked for more time to get Greece's fiscal house in order. In fact, over the next few days, Europe's skies will be full of dignitaries crisscrossing the continent trying to find a solution to the ongoing debt crisis.
Posted In: Australia, cigarettes
Today, Australia's highest court ruled the government there can go ahead with plans to force tobacco companies to sell cigarettes with nothing but a plain package -- no branding at all, just those graphic warnings that say tobacco can kill you.
Posted In: Europe, Germany, France
Happiness is relative in Europe these days: Investors are cheering news the euro area's top economies did not turn in the abysmal results many had expected. Instead, things are just "garden-variety" bad.