Posted In: Europe debt crisis, Greece, IMF
Euro leaders say they are committed to Greece staying with the euro, but talk of an exit is growing louder. Finance ministers have advised euro zone members to draw up contingency plans for what's being called an "amiable divorce" from Greece.
Posted In: Olympics, Greece, London Olympics, Europe debt crisis
Today, the Greek Athletics Federation laid out what it sees as a "bleak future" for sports. The federation has suspended track and field events as part of budget cutbacks. That puts into question Greece's ability compete in the London Olympics this summer.
Posted In: BRICS, India, developing counrties
The leaders of Brazil, Russia, India, China and South Africa gathered in New Delhi today for a summit for the so-called BRICS group of emerging economies. At the top of agenda is a proposal to establish their own development bank.
Posted In: Ireland, emigration, Unemployment
More than a year after Ireland received a bailout, unemployment in the country has risen to more than 14 percent, and nearly 1,500 people leave the Emerald Isle every week to look for work.