Public services have been halted including trains, ferries and flights have been disrupted by the protests in Athens on Wednesday morning.
Nagesh Narayana
May 12, 2011
Greece has been brought to a standstill by a massive strike called by labor unions to protest to government’s austerity programs.
Palash Ghosh
May 11, 2011
Spot Gold prices rose for the second day running in London on Tuesday, reclaiming half of last week's 7% drop from the all-time Dollar high as world stock markets rallied again with commodity prices.
IBT Staff Reporter
May 10, 2011
The British Chancellor of the Exchequer George Osborne has warned that Greece may need additional bailout funding, but that the U.K. is unlikely to contribute to any such payouts.
Palash Ghosh
May 09, 2011
The Portuguese will likely descend into a deep recession over the next two years, after Lisbon country signed terms of a bailout from the European Union, warned the country’s finance minister.
Palash Ghosh
May 05, 2011
The International Monetary Fund (IMF) that robust economic growth in the Asia-Pacific region may lead to overheating and rising inflationary pressures.
Palash Ghosh
Apr 28, 2011
The euro has decoupled from the euro zone peripheral debt crisis in 2011.
Hao Li
Apr 22, 2011
Silver Prices extended their Dollar gains to 7.7% for this week alone, also reaching new multi-decade and all-time highs vs. the world's other major currencies.
IBT Staff Reporter
Apr 21, 2011
UK Prime Minister David Cameron has suggested he may prevent former Labour PM Gordon Brown from becoming the next managing director of the International Monetary Fund (IMF).
Palash Ghosh
Apr 19, 2011
Japan's fragile post-disaster political truce unraveled on Thursday as the head of the main opposition party called on unpopular Prime Minister Naoto Kan to quit over his handling of the country's natural calamities and a nuclear crisis.
Palash Ghosh
Apr 14, 2011
Kenya plans to remove tax incentives in the 2011/12 (July-June) fiscal budget and widen collection to rope in more small businesses to increase revenues, Finance Minister Uhuru Kenyatta said on Monday.
IBT Staff Reporter
Mar 21, 2011
The Nigerian naira weakened further against the U.S. dollar on the interbank market on Wednesday as strong demand for the greenback persisted in the face of static supply, traders said.
Jack Kim
Mar 02, 2011
Irish voters went to the polls on Friday to punish their government for bringing the former Celtic Tiger economy to its knees and leaving it a ward of the European Union and International Monetary Fund.
Jack Kim
Feb 25, 2011
Greek police clashed with protesters Wednesday as around 100,000 workers, pensioners and students marched to parliament in protest at austerity policies aimed at helping Greece cope with a huge debt crisis.
IBT Staff Reporter
Feb 23, 2011
Burundi's year-on-year inflation rate dropped to 4.8 percent in January from 6.3 percent in December partly due to lower housing, water and energy costs, official data showed on Wednesday.
IBT Staff Reporter
Feb 23, 2011
Violence has broken out in Greece as a nationwide general strike against the government’s austerity programs and budget cuts has led to clashes between stone-throwing protesters and police firing tear-gas.
Palash Ghosh
Feb 23, 2011
Temasek Holdings has hired former China International Capital Corp (CICC) investment banking head Ding Wei to lead its China operations, the Singapore state investor said late on Monday.
Wenwen Meng
Feb 22, 2011
While the Greek government seeks to establish closer diplomatic ties with Israel (in the wake of a cooling of relations between Israel and Turkey), incidents of anti-Semitism are rising in Greece, inflamed by the deepening economic crisis.
Palash Ghosh
Feb 21, 2011
President Barack Obama will pursue a broad agenda when he makes a five-day trip to three Latin American nations in March, soon after Treasury Sec. Timothy Geithner traveled to the largest economy in the region, Brazil, to lay the groundwork for the President's trip.
IBT Staff Reporter
Feb 18, 2011
International Business Times spoke with Douglas Yates, a professor of political science at the American Graduate School in Paris as well as The American University of Paris, about the Front National (FN) and its charismatic new female chief.
Palash Ghosh
Feb 18, 2011
Federal Reserve Chairman Ben S. Bernanke’s prepared remarks at the Banque de France Financial Stability Review Launch Event, Paris, France, Feb. 18, 2011
Palash Ghosh
Feb 18, 2011
Nigeria's economy is expected to grow around 7 percent this year, down from 8.5 percent in 2010, with growth moderating gradually in subsequent years, the International Monetary Fund (IMF) said on Thursday.
Jack Kim
Feb 17, 2011
