Stacey Vanek Smith
May 7, 2012 Parliamentary elections this weekend in Greece proved that voters there are fed up with the political parties imposing harsh austerity measures to deal with the country's severe debt crisis
May 4, 2012 This weekend, voters in both France and Greece will go to the polls, and the expectation is that they'll be in a bit of an anti-austerity mood. One clue came yesterday in the U.K. where voters delivered big losses to the ruling Conservative party.
May 3, 2012 The head of the European Central Bank said today that economic growth has to be central to the plan to get Europe out of its debt crisis
May 3, 2012 Starbucks is working with a pioneer in microlending in developing countries - the Grameen Foundation - to lend money to small coffee farmers.
May 3, 2012 Commentator Robert Reich says new recession could follow if the U.S. adopts Europe's deep cuts in government spending.
Apr 26, 2012 The Federal Reserve has upgraded its forecast for the U.S. economy in 2012 but also downgraded its outlooks for 2013 and 2014. There are worries the U.S. could fall back into recession just like the U.K. did.
Apr 24, 2012 French president Nicholas Sarkozy and former Dutch Prime Minister Mark Rutte find rising popular resentment at the austerity packages they implement.
Apr 24, 2012 In the U.K., meat theft is on the rise and it's not just hungry individuals -- we're talking fully-fledged organized crime gangs. And it doesn't stop at supermarket meat either.
Apr 23, 2012 Europe's strategy for dealing with it's debt crisis was called into question over the weekend following two big political developments: One in France, one in the Netherlands.