- Greece To Shut Down State-Run TV Station To Cut Costs
June 11 2013 4:54 PM
Greek officials said ERT cost Greece 300 million euros each year and had become "a typical example of incredible waste."
- Floods Across Central Europe In Pictures
June 11 2013 10:21 AM
Heavy rain in Europe between late May and early June 2013 caused massive flooding across Central Europe, claiming at least 22 lives and displacing thousands of residents.
- EU Doesn't Like China's Steel Duties Either
June 11 2013 10:12 AM
The European Union reportedly will join Japan in a complaint against Chinese steel duties filed with the World Trade Organization.
- US Hiring Revs Up, But Elsewhere...
June 11 2013 8:39 AM
Hiring expectations around the world remain a mixed bag as Europe and Asia stagnate and the U.S. rebounds.
- US Retail Sales Among Key Economic Events June 10-14
June 09 2013 1:20 PM
U.S. consumer sentiment will also be in focus this week.
- US, China, EU In Talks Over Controversial Solar Panel Tariffs
June 07 2013 12:20 PM
The US, China and the EU are in initial talks to resolve trade tariff disputes related to the international solar panel trade.
- How Many People In India Pay Income Tax? Hardly Anyone
June 06 2013 12:35 PM
India’s finance minister, Palaniappan Chidambaram, said that 2.89 percent of the population (about 36 million people) filed income taxes.
- British Car Buyers Sent May 2013 Sales Higher Than They Were In 2007
June 06 2013 8:48 AM
Car sales in the UK increased 11 percent in May, suggesting Brits are more confident than their continental counterparts.
- ECB Pitches Monetary Policy To Market
June 06 2013 8:24 AM
The euro zone's central bank held its key interest rate of 0.5 percent, much as investors and analysts had expected.
- IMF Readies Mea Culpa On Greek Austerity Plan
June 05 2013 4:05 PM
The IMF is expected to admit that it made mistakes in assembling an austere bailout package for Greece.
- Latvia Adopts Euro, EU Affirms Its Stable Economy
June 05 2013 8:49 AM
Key EU officials have approved Latvia’s bid to adopt the euro currency, in a decision to be formalized in July.
- How Much Do Americans Spend Compared To Others?
June 04 2013 4:41 PM
Private consumption in the U.S. accounts for more than 70 percent of GDP.
- US Auto Sales, Jobless Reports Among Key Economic Events
June 01 2013 6:03 PM
The prospect that the U.S. central bank will turn off its monetary spigot hangs like a specter over this week’s economic reports.
- Investor Confidence Suffering In China: Survey
June 01 2013 1:37 AM
Rising labor costs, reform uncertainty dent investor confidence in China, while studies say outsourcing to China will equal cost of manufacturing in the U.S. by 2015.
- In Developed World, How Many Will Be Unemployed In 2014?
May 30 2013 11:47 AM
In 2014, Greece's unemployment will likely hit another record-high of 28.4 percent.
- European Business Sentiment Edges Up
May 30 2013 9:24 AM
Increased confidence among businesses, save construction, led to improved indicators, especially in Italy, France and Germany.
- EU Eases On Austerity As Recession Looms
May 30 2013 4:10 AM
The EU moved away from austerity in a marked shift in policy on Wednesday allowing more time for nations to meet deficit reduction targets.
- How Much Will These World Economies Grow In 2014?
May 29 2013 3:36 PM
Chile's economy is expected to grow by 5.3 percent in 2014.
- Britain’s Online Shopping Taking Its Toll On Retail
May 28 2013 10:16 AM
The number of store locations in the U.K. will plunge by 22 percent by 2018, resulting in 316,000 job losses.
- Solar Row: EU Divided On Punitive Tariffs Against China
May 28 2013 7:48 AM
Brussels wants to impose a tariff on Chinese solar panels, but 15 European Union members oppose the plan.