Pages
Another housing agency may need bailout
by
Nov 15, 2012
The Federal Housing Administration may need taxpayer money as delinquencies mount on loans it guaranteed for first-time home buyers.
German economy begins to feel recession pressure
Interview by
Nov 15, 2012
Europe has officially slipped back into recession. Growth in Germany -- widely considered to have a relatively healthy economy -- has slowed as well.
Strikes signal greater unity problems in eurozone
Interview by
Nov 14, 2012
Europeans in Spain, Portugal and Greece protest austerity measures with a general strike today, but the real problem could be a greater lack of unity across the eurozone.
Across Europe, workers synchronize strikes against austerity
by
Nov 14, 2012
Millions of workers went on strike across Europe today in protest against public spending cuts. Hundreds of flights have been cancelled, car factories and ports have been shut, and rail services disrupted.
Workers push back on austerity across Europe
by
Nov 14, 2012
There are strikes going on this morning in Greece, Spain, Portugal, Italy and Belgium. Workers are protesting all across Europe against rising unemployment and austerity.
Austerity as seen from the streets of Athens
Interview by
Nov 13, 2012
Yesterday, the Greek parliament pushed through an extensive package of cuts and tax increases -- its most aggressive austerity budget so far -- in order to receive their next bailout payment.
Greece approves austerity budget: 'Hope has fallen away'
Interview by
Nov 12, 2012
Greece approves its 2013 austerity budget, making it eligible for a third round of bailout loans.
Greek austerity: A light around the bend?
Interview with
Nov 12, 2012
European finance ministers are meeting today in Brussels to decide whether Greece will receive its next scheduled bailout payment of $40 billion.
ECB to release new euro with an old Greek face
Interview by
Nov 9, 2012
The European Central Bank says it's going to issue new currency notes next year. The new notes, redesigned to improve security, will feature images from Greek mythology.
Car country goes blue for auto bailout
by
Nov 7, 2012
Car country played a big role in President Obama's re-election last night. Michigan and Ohio both benefited from the auto industry bailout and both went for the President last night.











