ELECTIONS

Berlusconi Uses Threats, Promises in Desperate Bid to Keep Power

Italy's Prime Minister Berlusconi gestures during a news conference at the end of the G20 Summit in Cannes
With Silvio Berlusconi's fate resting on a group of party rebels threatening to pull the rug from under his government next week, the Italian prime minister is using carrot and stick to try to win over the doubters and pull off yet another parliamentary escape.
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Asian Shares Dip After Greek Coalition Deal

Asian shares struggled and credit markets weakened Monday, with investors still nervous despite the agreement on formation of a new Greek unity government intent on avoiding imminent debt default.
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Greece's President Papoulias shakes hands with Greek PM Papandreou at his office inside the Presidential Palace in Athens

Greek Lawmaker Says PM to Resign Once Deal Struck

Greek Prime Minister George Papandreou will resign as soon as a deal for an interim coalition government is reached, perhaps as early as Sunday night, a senior member of his party said.
J.J. McGrath Nov 06, 2011
Greece's Prime Minister Papandreou speaks to the media after crisis talks on the eve of a G20 summit of major world economies in Cannes

Greek Political Parties Ignore Appeal for Rapid Compromise

Greece's ruling socialists and opposition conservatives offered rival plans for saving the nation from bankruptcy and safeguarding its Eurozone membership, ignoring an appeal from the president to cooperate now on tackling the mess.
Brett Forman Nov 05, 2011
Greek PM Papandreou walks towards the Presidential Palace in Athens

Papandreou Seeks to Form Unity Government in Greece

The principal opposition party, New Democracy, has demanded that Papandreou call early elections and insisted it will not accept any coalition government with the current Prime Minister.
Palash Ghosh Nov 05, 2011
RBI

RBI May Reverse Tight Monetary Stance Soon

The Reserve Bank of India (RBI) may consider reversing its tight monetary stance as inflationary woes begin to ebb next month, a top policy adviser said.
Raymond Ronamai Nov 05, 2011
Greek PM George Papandreou and FM Evangelos Venizelos applaud after winning a vote of confidence in the Greek parliament in Athens

Greek PM to Push Coalition Plan in Meeting with President

Greek Prime Minister George Papandreou is meeting with Greek President Karolos Papoulias Saturday in the drive for a new coalition government to save the nation from bankruptcy and prevent its debt crisis from spreading chaos across the Eurozone.
J.J. McGrath Nov 05, 2011
Libya"s newly elected Prime Minister Abdul Raheem al-Keeb

New Libyan PM Abdurrahim el-Keib Faces Tough Challenges

Libya's new interim prime minister, Abdurrahim el-Keib was a professor of electrical engineering and an entrepreneur who had to live in exile for 10 years because of pressure from the late Moammar Gadhafi's regime over his political views.
Bhaskar Prasad Nov 05, 2011
U.S. Stock Market

Wall Street Week Ahead: Coping with Chaos in Europe

U.S. stock investors have had to take their own self-help course on living with uncertainty due to Europe's crisis, and they may need to draw on that next week because it is completely unclear when the next upheaval will come.
IBT Staff Reporter Nov 04, 2011
Greek Premier Papandreou addresses the Greek parliament in Athens

Greek PM George Papandreou Wins Confidence Vote

Greek Prime Minister George Papandreou has won a parliamentary confidence vote and avoided snap elections that would have affected Greece's bailout deal and the Eurozone's economic crisis.
Laura Matthews Nov 04, 2011
Italy's Prime Minister Silvio Berlusconi

Italy Agrees to Let EU, IMF Monitor Reforms

Italy, under fierce pressure from financial markets and European peers, has agreed to have the IMF and the EU monitor its progress with long- delayed reforms of pensions, labor markets and privatization, senior EU sources said Friday.
Eric Linton Nov 04, 2011
Google

Google Tweaks Algorithm to Give Fresher Results

It was announced Thursday that search engine giant Google will be tweaking its algorithm to produce fresher results, which will affect about 35 percent of what search results come up now.
IBT Staff Reporter Nov 03, 2011
U.S.: The Cost of War

Afghanistan War: The Cost of War

The Iraq/Afghanistan Wars have been costly, but the United States' longer trend of spending too much on defense and not enough on public goods over two decades could end up costing the economy and the nation far more.
Joseph Lazzaro Nov 03, 2011
Greek Prime minister Papandreou

Greek PM Ready to Yield to Coalition if Vote Won

Greek Prime Minister George Papandreou has struck a deal with ministers to step down and hand power to a negotiated coalition government if they help him win a confidence vote on Friday, government sources with knowledge of a cabinet meeting said.
IBT Staff Reporter Nov 03, 2011

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