This week New Zealand announced the price on cigarettes will rise by 40 percent over the next four years -- to more than $15 U.S. a pack -- as part of an effort to eliminate smoking in New Zealand completely by 2025.
Although eurozone members want Greece to keep the euro, contingency plans are being made in case there is a parting of ways. The cost and wider economic effects of a possible Greek exit are highly uncertain.
People in northern Italy are still dealing with the aftermath of the earthquake this week that killed seven. It struck hardest in some of Italy's richest farmland and ten percent of the world's supply of Parmesan has been affected.
The private company SpaceX today launched an unmanned rocket into space this morning, carrying cargo for the international space station.
Europeans are withdrawing extra money from their bank accounts in case the continent's financial crisis deepens and the single currency system falls apart.
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.
With a new general election on the way in Greece and the country's membership in the European Single Currency in the balance, people in Greece are trying to keep their bank accounts from losing value if ever the euro is dropped. Greece's central bank chief says depositors pulled about $900 million about of bank accounts Monday alone.
The Portuguese government announced plans to abolish four national holiday to help ease that country's debt crisis.
The Spanish government could pump $9.1 billion into one of its biggest banks.
If, as expected, socialist Francois Hollande is elected the next president of France this weekend, to what extent will budget realities crimp his ability to ease off the austerity that he believes is hurting the economy?

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New Zealand: First smoke-free country?

Friday, May 25, 2012
This week New Zealand announced the price on cigarettes will rise by 40 percent over the next four years -- to more than $15 U.S. a pack -- as part of an effort to eliminate smoking in New Zealand completely by 2025.
Posted In: New Zealand, cigarettes, smoking
0

Earthquake halts cheese production in Italy

Thursday, May 24, 2012
People in northern Italy are still dealing with the aftermath of the earthquake this week that killed seven. It struck hardest in some of Italy's richest farmland and ten percent of the world's supply of Parmesan has been affected.
Posted In: Food, cheese, italy
1

Euro leaders plan for Greece to 'divorce' the euro

Thursday, May 24, 2012
Although eurozone members want Greece to keep the euro, contingency plans are being made in case there is a parting of ways. The cost and wider economic effects of a possible Greek exit are highly uncertain.
Posted In: Greece, euro, Europe debt crisis
0

SpaceX launch could pave way for private sector funding

Tuesday, May 22, 2012
The private company SpaceX today launched an unmanned rocket into space this morning, carrying cargo for the international space station.
Posted In: space, NASA, private sector
1

European banks continue to fear extra withdrawals

Monday, May 21, 2012
Europeans are withdrawing extra money from their bank accounts in case the continent's financial crisis deepens and the single currency system falls apart.
Posted In: Germany, Greece, banking
0

Angela Merkel staying committed to Greece

Thursday, 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.
Posted In: Germany, Angela Merkel, austerity
1

Greek citizens pulling money from banks

Wednesday, May 16, 2012
With a new general election on the way in Greece and the country's membership in the European Single Currency in the balance, people in Greece are trying to keep their bank accounts from losing value if ever the euro is dropped. Greece's central bank chief says depositors pulled about $900 million about of bank accounts Monday alone.
Posted In: Greece, banking, Greek debt
0

Portugal cuts four public holidays to trim budget

Wednesday, May 9, 2012
The Portuguese government announced plans to abolish four national holiday to help ease that country's debt crisis.
Posted In: Portugal, Europe debt crisis
0

Spain may bail out troubled Bankia

Tuesday, May 8, 2012
The Spanish government could pump $9.1 billion into one of its biggest banks.
Posted In: spain, bankia
0

French election outcome might not deliver

Friday, May 4, 2012
If, as expected, socialist Francois Hollande is elected the next president of France this weekend, to what extent will budget realities crimp his ability to ease off the austerity that he believes is hurting the economy?
Posted In: Europe debt crisis, Francois Hollande, France

Most Commented

8

Some Spaniards fear tourism drop in Catalonia's bullfighting ban

Wednesday, July 28, 2010
The Spanish province of Catalonia has voted to ban bullfighting, saying its barbaric and dangerous. But bullfight supporters say it's vital to tourism.
7

Sell the right to immigrate to the highest bidder?

Thursday, August 5, 2010
An American Nobel Laureate is proposing a radical solution in the U.S. immigration debate: auctioning off the right to a green card.
Posted In: Immigration

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