Rwanda would like to be the Singapore of Africa – an IT center in the region. And it’s calling on China for help though Rwanda wants to dictate the terms. The World’s Mary Kay Magistad reports from Kigali.
As pressure is stepped up on Occupy Wall Street protesters in the US, Laura Lynch reports from London that protesters camped by St. Paul’s Cathedral are under threat of eviction.
Even though the eurozone is in big trouble, countries like Romania still want in. At least publicly. Privately, Romanians are worried.
President Barack Obama has said that China is not doing enough to allow its currency to rise in value. Speaking at the Asia Pacific Economic Cooperation summit in Hawaii, President Obama said China needed to follow the same rules as other nations.
Italy’s new prime minister says he wants to build “a future of dignity and hope” for Italy’s children.
Former European Central Bank vice-president Lucas Papademos has been named as Greece’s new prime minister, following days of negotiations. Papademos said he was taking over at a “critical point” for Greece.
Several Republican presidential candidates are promoting the idea of a flat tax — a system where everybody pays the same tax rate. The idea of a flat tax isn’t all that novel or original. Lots of other countries have one.
Italian Prime Minister Silvio Berlusconi has confirmed he intends to resign after key economic reforms have been approved. His announcement follows a vote in parliament on the budget in which he appeared to lose his majority.
Italian Prime Minister Berlusconi has confirmed he intends to resign after key economic reforms have been approved. His announcement follows a vote in parliament on the budget in which he appeared to lose his majority.
Greek leaders at crisis talks in Athens agree to form a coalition government, with a new prime minister replacing beleaguered George Papandreou.
China’s media says Europe’s fiscal crisis is a sign of the failure of western capitalism but Beijing has much to lose in Europe.
The Polish economy enjoys the fastest growth rate in all of the EU. The former Communist country is committed to joining the eurozone in the future, but for now it does not use the euro as its currency.
Military leaders have warned Congress on Wednesday that steeper cuts in defense spending will gut the armed forces and sap US global influence.
International pressure on Greece has increased ahead of crisis talks later between its prime minister and the leaders of Germany and France.