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Greek workers protest latest austerity push

Interview with
John Psaropolous
Nov 5, 2012
Workers are back on strike this morning in Greece, where the government is scheduled to vote on a new round of austerity cuts this week.

Rebuilding after Sandy in an age of austerity

by
Peter O'Dowd
Nov 1, 2012
All the state governments in the path of Sandy say they’re going to rebuild infrastructure. In this age of budget austerity, where will the money come from?

Greek editor stands trial over tax evader list

by
Stephen Beard
Nov 1, 2012
A Greek magazine editor goes on trial today after being accused of breaking privacy laws when he published a list of prominent Greeks who allegedly evaded their taxes.

Greece's diet crisis: Greeks abandon traditional foods, and an obesity epidemic is the result

by
Jon Miller
Oct 29, 2012
More than 10 percent of the world's population is malnourished, but an even larger proportion is overweight. Greece has one of the highest rates of child obesity, despite having one of the world's healthiest cuisines.

UPDATE: Ford to transfer UK plant to Turkey

by
Stephen Beard
Oct 25, 2012
Ford has announced the closure of its last vehicle manufacturing plant in the UK. The company is reportedly shutting down a van factory and shifting production to Turkey.

Spain continues bailout waiting game

by
Christopher Werth
Oct 18, 2012
For months now, Spain has been bracing itself for a bailout. While the country waits, the government has already made many of the deep budget cuts that typically come with bailouts.

EU summit to focus on banking union

Interview by
Stephen Beard
Oct 18, 2012
European leaders meet in Brussels today for a summit on whether to enact a banking union across the EU and check in on beleaguered Greece.

Nobel Peace Prize: And the winner is Europe!

by
Stephen Beard
Oct 12, 2012
At last some good news for Europe -- racked by the worst economic crisis in its history, the European Union has just won the Nobel Peace Prize.

Weekly unemployment claims fall to four year low

Interview by
Jeff Horwich
Oct 11, 2012
New weekly claims for unemployment fell last week to the lowest level in four and a half years. Elsewhere around the world, the S&P has downgraded the soveign debt of Spain.

Is the IMF going soft on austerity?

Interview with
Stephen Beard
Oct 11, 2012
The head of the International Monetary Fund, Christine Lagarde, wants countries to stop cutting and start spending. In Tokyo today, the leader warned that austerity is making the global economy worse.

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