European investigators from the European Food Safety Authority are looking to Egyptian fenugreek seeds as a potential culprit in this month's E. coli pandemic.
While the passage of the bill gives Greece some breathing room, lowers the risks of an immediate default and will keep the country afloat, the actual implementation of the budget may be very difficult -- if not impossible.
While the passage of the bill gives Greece some breathing room, lowers the risks of an immediate default and will keep the country afloat, the actual implementation of the budget may be very difficult -- if not impossible.
The Hague-based International Criminal Court on Monday issued arrest warrants for Libyan leader Moammar Gadhafi, his son and the country's spy agency chief for crimes against humanity committed four decades ago.
It's been said that Congress doesn't react unless American voters compel it to do so. Well, U.S. Treasury Secretary Timothy Geithner is imploring Congress to 'get ahead of the curve,' on the budget deficit / debt ceiling issue, as the consequences of not acting could be enormous: it would leave the U.S. vulnerable to rising interest rates, if the Greece debt situation triggers another financial contagion.
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 top pre-market NASDAQ Stock Market gainers are: Repligen, Bed Bath & Beyond, Cavium Networks, JetBlue Airways, and Pain Therapeutics. The top pre-market NASDAQ Stock Market losers are: GTX, Logitech International, F5 Networks, Discovery Communications, Melco Crown Entertainment, Apple, and Google.
The European Union (EU) should not provide a second bailout to Greece because, among other things, by the year 2014, nearly two-thirds of Greek debt will be owned by taxpayers, according to Open Europe.
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.
Eleven corporations based in the United Kingdom, Iran, Singapore and the United Arab Emirates have been indicted by a Manhattan grand jury on charges they evaded U.S. economic sanctions against Iran by tricking Manhattan banks, Cyrus Vance Jr., the Manhattan District Attorney said this morning.
The ongoing sovereign crisis in the eurozone countries has renewed concerns over the fate of the euro, the second largest reserve currency as well as the second most traded currency in the world.
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 United Nations passed a resolution today condemning discrimination on the basis of sexual orientation, marking the first time the organization has explicitly recognized that form of repression.
Stephanie Caprini traveled to Athens, Greece just days before the recent riots. Upon returning to the States, she regrets that she lacked the cultural awareness that it takes to be present in a city that she now understands she was merely passing through.
The United Nations and European Union are working to push Syrian President Bashar al-Assad to halt violence.
A cultural “war” has erupted between Greece and its neighbor Macedonia over plans to construct a giant bronze statue of Alexander the Great in Skopje, the Macedonian capital.
George Papandreou, the embattled Prime Minister of Greece, has offered to resign to pave the way for a national unity government, according to various sources, as the Athens parliament prepares to enact more unpopular austerity measures.
Public discontent over the Spanish government’s severe austerity program has led to a bizarre spectacle in the northeastern city of Barcelona where at least 2,000 protesters tried to block the Catalan parliament to expression their anger over local budget cuts and job losses.
Demonstrations against a new austerity program were disrupted by clashes between police and protestors
US auto major Ford Motors will invest €812 million, or $1.2 billion, for its plant in the Valencia region of eastern Spain.
The International Monetary Fund (IMF) has short-listed two candidates, Christine Lagarde and Agustin Carstens, for its next Managing Director.