These days, what happens in New York doesn’t stay in New York, especially when it comes to the economy. Events on Wall Street and Main Street in the United States ripple outward, affecting markets and lives across the globe. And likewise, if it matters to business in Beijing or Delhi, Moscow or Madrid, it matters in America as well.

Economy


Urban Violence and Land Grabbing in Karachi

A gunman in Pakistan. (Photo: Mustafa Qadri)

Karachi has long been plagued by urban violence, with many incidents attributed to tit-for-tat ethnic or political disputes.

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New Cyber Attacks on Israeli Websites

Computer user (Photo: BBC)

The websites of Israel’s national airline, El Al, and the Tel Aviv stock exchange have been disrupted just hours after they were reportedly threatened by a Saudi computer hacker.

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Poor Economy and Controversial Government Driving Hungarians Out of Country

Zoltan Pallai (Photo: Nate Tabak)

A growing number of Hungarians are fed up of the poor economy and an increasingly authoritarian government and are talking about leaving the country for good.

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Why GOP Presidential Contenders are Bashing Europe

European Parliament (Photo: European Parliament/Flickr)

Many of the Republican presidential candidates have taken swipes at Europe on the campaign trail. The World’s Clark Boyd looks at how that’s playing on the continent.

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Dealing With Money in Post-Soviet Life

5000 rubles

After the collapse of the USSR, Russians and other ex-Soviets had to learn to face a new culture – a money culture. For many, that was a huge shock.

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US Aerospace and Defense Companies Set Up Shop in Mexico

Mexican and American executives meet after a presentation at the Baja Aero Space Show in Tijuana. (Photo: Ruxandra Guidi)

American defense and aerospace companies are opening factories in Tijuana, Mexico and employing high-skilled workers there.

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Nicaragua Cashing in on Rising Gold Prices

Workers of B2Gold at mining site in La Libertad, Nicaragua. (Photo: John Otis)

Rising gold prices are powering the economy in Nicaragua, which is welcoming foreign mining companies with open arms.

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Greek Parents Losing Children to Poverty

The Greek economic crisis has left many people jobless and with very little to survive on.

Charities in Greece say parents are increasingly asking the groups to take in their children because they are too poor to raise them.

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Rural India Turns to Solar Power

Solar power in India (Photo: Sonia Narang)

The use of solar power in rural parts of India is growing. Small loans have made solar panels available to homes and businesses that otherwise suffer from India’s severe electricity shortage.

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Spanish Government Proposes Holiday Shuffle

(Photo: Jose J./Flickr)

The new government in Spain is trying lots of things to fix the country’s broken finances and weak economy. One measure to boost productivity is an overhaul of the innumerable holidays that Spanish workers enjoy.

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How to Lure Foreign Money: Lessons from Fort Dodge, Iowa

A farm near Fort Dodge, Iowa (Photo: Jason Margolis)

Small manufacturing towns throughout the Midwest have been ravaged by foreign competition for some 30 years. Call it irony, or call it smart business, but some of these same communities are now trying to reinvent themselves by turning to foreign competition.

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Why the US Wants Sanctions on Iran’s Oil

Gas Station (Photo: Shell/Flickr)

Anchor Marco Werman talks with Michael Singh, managing director at the Washington Institute for Near East Policy, about proposed US sanctions on Iran’s oil exports.

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Storm Lake, Iowa: A Meatpacking Town Fueled by Immigrant Labor

Storm Lake, Iowa (Photo: Jason Margolis)

Immigration reform has come up in the Republican presidential debates, but it hasn’t been nearly as big of a topic as in years past. The issue still evokes strong passions, however, in many small Iowa towns that rely on immigrant labor at their meat packing plants. It’s an open secret: Many of the workers are undocumented.

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An Island Nation That Will Have ‘No Friday’

Samoa coast. (Photo: Teinesavaii/Wikipedia)

For the Geo Quiz, we are looking for an island nation that lies in the middle of the Pacific Ocean that is going to switch its clocks by moving forward 24 hours.

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Europe’s Continuing Debt Crisis

Euros (Photo: aranjuez1404/Flickr)

The European debt crisis has engulfed the 17 countries that use the euro and is already having an impact on this side of the Atlantic.

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