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Reckless bankers could face jail time in the UK
Stephen Beard Jun 19, 2013
The British government says bankers who recklessly mismanage their banks could face jail time, according to a new proposal released Wednesday.
Economy takes center stage in Iran election
Saeed Barzin Jun 14, 2013
Iran’s economy is likely to be a major election issue, as the country faces crippling international sanctions, 30 percent unemployment, and soaring inflation.
Is anti-austerity fever cooling off in Greece?
Mark Lowen May 1, 2013
Protestors in Greece are rallying against austerity. The gathering comes just days after the country's government voted to allow 15,000 public employee layoffs.
Greece keeps cutting while France looks for growth
Andrew Walker Apr 29, 2013
Two European countries have come out with very different ways to tackle their economic problems.
New Italy prime minister to move away from austerity
Stephen Beard Apr 25, 2013
Enrico Letta, of the center-left Democratic Party, has announced that he intends to fight the move towards austerity in Europe, and investors applauded.
What's so great about austerity, anyway?
Scott Tong Apr 11, 2013
The idea that government should be balance its budget and stay out of the way has been around a long time. It's gained ascendance in Washington even as more economists agree the government should spend more and help the economy.
Margaret Thatcher's legacy: Three things that changed for the U.K.
Stephen Beard Apr 8, 2013
There’s no question Margaret Thatcher wanted to remake the U.K. economy during her tenure, but did she succeed?
Portugal court throws austerity cuts for a loop
Alison Roberts Apr 8, 2013
Portugal's economic future is in doubt this morning after the country's high court ruled that many of the government's bailout cuts are unconstitutional.
Britain's new 'Bedroom Tax' is not what you'd think
Stephen Beard Apr 1, 2013
The U.K. revealed the biggest overhaul to its welfare system in a generation. One major cut will be to crackdown on people who live in large houses but collect welfare payments.
Krugman warns U.S.: Don't end up like U.K.
Stephen Beard Mar 20, 2013
Britain's budget, released today, contains more deep spending cuts. Nobel-winning economist Paul Krugman argues that austerity policies in the UK and Europe are killing growth.
