Economy
UBS Trader Arrested Over ‘Rogue Deals’
Swiss banking giant UBS says one of its traders lost about $2 billion in unauthorized trades. The man’s been arrested in London on suspicion of fraud.
The Looming Greek Default
Europe continues to struggle with finding a way out of its economic crisis. The most immediate threat to the Eurozone is the possibility of a Greek default. But some are openly wondering whether it’s time to let Greece go.
China Flexing its Economic Muscle
Chinese premier Wen Jiabo told western countries to sort out their debt problems.
Legal Foreign Workers said to be Exploited in Colorado
Many foreign workers are legal immigrants who get paid more than they would in their home country. Still, they’re finding that legal or not, they are often exploited and their working conditions are poor.
Twitter Drives Hot Stock Strategy
A hedge fund is making lots of money using a new program that mines Twitter to determine emotions among the population to help decide buying and selling strategies.
China’s Reception of New US Ambassador Gary Locke
Gary Locke has had a series of firsts. He was the first Chinese-American governor of the United States and now is the first Chinese-American to be US ambassador to China.
German Court Rejects ‘Euroskeptic’ Bailout Lawsuit
Germany’s Constitutional Court has rejected a challenge to the country bailing out other nations in the eurozone.
Oil Wealth In The New Libya
Why Libya’s oil wealth could be detrimental to a democratic future for the country.
Postal Reform Around The World
The US Postal Service is looking for fresh ideas on how to cut costs. How have other countries been dealing with postal budget shortfalls?
Spain Considers Balanced Budget Legislation
The proposed reform calls for the broad principles of a balanced long-term budget to be enshrined in Spain’s constitution.
Iceland Real Estate
The Geo Quiz is looking for a region in Iceland where a Chinese businessman hopes to build a luxury eco-resort.
Syria’s Economy Staggering
As the protests escalate in Syria, the country’s economy is taking a hit.
France’s Super-Rich Offer to Pay More Tax
Some of France’s wealthiest citizens have signed a petition supporting the tax hike.
Additional funding for PRI's The World is provided by:
