Nov 7, 2012 What does Obama's victory mean for the economy, monetary policy, and the fiscal cliff? Exit polls showed a majority of Ohioans favored the auto industry bailout which may have put Obama over the edge in the swing state.
Nov 6, 2012 Protesters continue to fill Athens today ahead of the Greek Parliament’s vote on public sector spending cuts.
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.
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?
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.
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.
Oct 2, 2012 Whispers and nameless sources this morning are signaling Spain is preparing to ask the European Central Bank for a sovereign bailout causing bond and equity markets in Europe to zig and zag throughout the day.
Sep 27, 2012 In further austerity measures, the government imposes some $50 billion of tax hikes and spending cuts
Sep 26, 2012 Greece has been shut down today because of a huge nationwide strike. Fifty thousand people took to the streets of Athens and police fired tear gas after violence broke out near the parliament. The issue, of course, is austerity: The very unpopular budget cuts going on as part of the solution to the debt crisis.