Students protest over Greek austerity measures as the cabinet agrees a debt-swap for private creditors.
The IMF predicts that the impoverished Balkan state, along with Estonia, will see the highest economic growth in the troubled eurozone this year.
In Brazil’s business capital, Sao Paulo, some of the city’s poorest are making themselves visible by risking their lives to tag the city’s high-rise buildings with graffiti.
The Economist magazine released its list of the world’s most expensive cities this week. Cracking the top 10 were two Australian cities: Sydney and Melbourne. It’s not just expensive to live there; it’s expensive for tourists to visit.
Amid continued unrest and uncertainty about Greece’s economic future, there’s talk that it’s time to seriously consider letting Greece leave the eurozone.
If Greece left the eurozone, the impact on the US economy would be profound. That’s according to Simon Johnson, a professor at MIT’s Sloan School of Management. He says US officials aren’t doing enough to shield Americans from the damage.
Tired of staying in their homes for fear of becoming a victim of the drug violence, the people of Ciudad Juarez are triggering the revival of business for the city’s once dormant nightclubs and restaurants.
Zurich, Tokyo, Geneva, Osaka Kobe, Oslo are the top five cities of a list compiled by international economists.
China’s presumed next president Xi Jinping is in Washington today meeting with President Obama. Xi will also visit Los Angeles and the town of Muscatine, Iowa. The World’s Jason Margolis has more on why China’s next leader chose Iowa.
Argentina may be facing some serious financial problems. One is an inflation rate as high as 25 percent, but the Argentine government claims the number’s much lower, under 10 percent. And it’s enlisted the world’s most famous hamburger to help make its case.
Economists study something called purchasing power parity. Basically, how far will a dollar go in Argentina, Italy, or the US? They gauge this by looking at a comparable basket of goods and services across nations.
India’s Supreme Court has canceled 122 telecommunications licenses awarded to companies in 2008. The ruling is the latest chapter in a long-running corruption drama in India.
Dutch cartoonist Tom Janssen uses a familiar emoticon to show how Facebook (the company) is probably feeling about the upcoming IPO.
The World’s environment editor Peter Thomson has been reading the news on Apple’s supply chain, and shares some thoughts on Apple, human rights, and us.
We are looking for two countries that are experiencing an explosive growth of Facebook users.