May 17, 2012 German Chancellor Angela Merkel is sending the message that she is committed to keeping Greece in the eurozone. In an interview with CNBC, Merkel says that she is open to stimulus programs. Now, that could be seen as a shift at at a time Greeks are blaming austerity imposed by Europe for their woes.
May 8, 2012 Dunkin’ Donuts launches a flagship outlet in New Delhi, with a full snack menu strategy. It aims to get a jump on Starbucks in India.
May 7, 2012 In a narrow victory this weekend, French voters ousted incumbent presidential candidate Nicolas Sarkozy in what many see as a popular referendum against harsh austerity measures in Europe
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 Starbucks is working with a pioneer in microlending in developing countries - the Grameen Foundation - to lend money to small coffee farmers.
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 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.