Sponsored by International Monetary Fund

Greece’s largest unions have called for a 48-hour general strike next week to protest a new austerity package that the nation’s parliament will vote on.

The Greek parliament has voted favorably on a motion of confidence for the government of George Papandreou, Reuters reports.

Fitch Ratings agency has warned any voluntary rollover by commercial lenders of Greece’s debt would be regarded as a “default,” putting even more pressure on Euro Zone ministers and Greek Prime Minister George Papandreou, who is facing a crucial vote of confidence.

International lenders are making an unexpected visit to Athens to check on its resolve to implement painful austerity plans that have caused weeks of public protests and political confusion.

Greece is selling state-owned businesses to raise cash as part of IMF-required austerity measures.

US stocks have caught a break from its mid-year slump on Monday.

If one thought to watch a movie online on Father's Day or just to spend Sunday time on Netflix, they were in for a surprise.

Shares in Japanese game developer Sega Sammy Holdings Inc fell on Monday after news leaked that hackers breached the company's networks and stole information from 1.3 million customers.

Sega issued a warning saying that it had been infiltrated by cyber criminals and personal information on 1.3 million customers was compromised.

Prime Minister George Papandreou, besieged by public protests and dissent in his own party, appealed to Greeks on Sunday to support deeply unpopular austerity reforms and avoid a catastrophic bankruptcy.

Faced with a growing threat from hacking and other cyber crimes, the U.S. Department of Defense (DOD) and Department of Homeland Security (DHS) have joined hands with leading ISPs and private defense contractors to launch a pilot program called DIB Cyber Pilot that will help strengthen their network defenses.

Prime Minister George Papandreou, besieged by public protests and dissent in his own party, appealed to Greeks on Sunday to support deeply unpopular austerity reforms and avoid a catastrophic bankruptcy.

Sega issued a warning saying that it had been infiltrated by cyber criminals and personal information on over 1 million customers was compromised.

Europe risks wasting more money for nothing if it keeps pumping billions into the ailing Greek economy, the head of Pimco, the world's largest bond fund, said in an interview published on Sunday.

Japanese Video game developer Sega on Sunday said about 1.3 million customer’s information has been stolen from its database.

Sega said issued a warning to users on Friday that personal data may be at risk after being infiltrated, joining the growing numbers of high profile hacking targets.

What do the IMF, Citibank, Sony and now Sega all have in common? In a span of just a few weeks, all of these companies, and more, have joined the ranks of those firms fallen victim to cyber crime.

Sega joins the growing list of company's that have fallen victim to cyber attacks after warning users that personal data may be at risk.

Jean-Claude Juncker, head of eurozone finance ministers, on Saturday cautioned that the debt crisis of Greece and other countries in the region could hit Italy and Belgium.

The IMF downgraded its forecast for US economic growth in 2011 to 2.5 percent from its prior forecast of 2.7 percent. The 2012 growth forecast was cut to 2.7 percent from 2.9 percent.

The International Monetary Fund (IMF) has lowered its growth forecasts for the US for the next two years from 2.7 percent to 2.5 percent in 2011 and from 2.9 percent to 2.7 percent in 2012, besides highlighting renewed weakness in the housing market as a risk.

The International Monetary Fund cut its forecast for U.S. economic growth on Friday and warned Washington and debt-ridden European countries that they are playing with fire unless they take immediate steps to reduce their budget deficits.

As the international community prepares to deploy aid for Egypt and Tunisia's ailing economies, it faces the daunting question of how to do so without perpetuating the endemic corruption and government monopolization that helped to spark the Arab Spring.

Dominique Strauss-Kahn initially claimed diplomatic immunity when he was first arrested for sexual assault in New York, according to official documents and transcripts released by prosecutors in the case.

The President of France Nicolas Sarkozy said he has pledged to resolve the Greek debt crisis and that a solution needed to be found quickly, by July at the latest; and that he and German Chancellor Angela Merkel are united in their resolve.

A Polish journalist was arrested for slandering the Belorussian president.

Mexican Central Bank Governor and IMF-contender Agustin Carstens rebuked his European counterparts on Thursday for reneging on their promise to back a non-European to head the fund and vowed to give emerging powers more say if elected.

Around 1000 Belarusians took to the streets in the capital city of Minsk.

Germany is no longer insisting on a bond swap that would extend Greek debt maturities by seven years as it pushes for a contribution from private bondholders to a new aid deal for Athens, the Financial Times reported.