Economy

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.

Unfreezing Libya’s Money

By Jason Margolis ⋅ August 23, 2011 ⋅ 3 comments ⋅

Office and hotel towers along Shari' al Corniche in Tripoli (Photo: Wiki Commons)

Europe and the US are preparing to release billions in Libyan assets that were frozen during the early days of the uprising.

Why Stock Traders Worry About European Banks

By The World ⋅ August 19, 2011 ⋅ Post a comment ⋅

The mood at stock exchanges remains somber on continued fears about a slowdown in the global economy.

The Sleeping Bag Tax

By Jason Margolis ⋅ August 19, 2011 ⋅ Post a comment ⋅

Exxel factory, Haleyville, AL (Courtesy of Exxel)

Sleeping bags from Bangladesh were competing with a manufacturer in Alabama, and a senator from that state didn’t like it.

Trying to Pay Down France’s Debt

By The World ⋅ August 18, 2011 ⋅ Post a comment ⋅

Pierre Haski (photo: Philippe Brizard/ Wiki commons)

Reporters at Rue89 tried to make a personal contribution to the French government to help with the debt.

Biden in China to Defend US Economics

By The World ⋅ August 17, 2011 ⋅ One comment ⋅

Vice President Joe Biden is in China to meet with officials including Xi Jinping.

Taking the Pulse on US Debt in Shanghai

By The World ⋅ August 17, 2011 ⋅ One comment ⋅

Shanghai Stock Exchange (Photo: Wiki commons)

What are people in China’s financial capital, Shanghai, thinking about America’s financial trouble?

Germans Speak Out On Euro Woes

By The World ⋅ August 16, 2011 ⋅ Post a comment ⋅

Euro banknotes (Illustration: Andrew Netzler)

The leaders of Germany and France met together in Paris to discuss how to solve the Euro zone’s debt crisis.

Damage Control in Full Swing for Britain’s Tourism

By Jason Margolis ⋅ August 12, 2011 ⋅ Post a comment ⋅

Popular tourist destination, the London Eye (Photo: UGArdener/Flickr)

There’s concern that the tourism industry in London could be hurt by the bad publicity surrounding the riots.

How Canada Lost and Regained its Top Credit Rating

By The World ⋅ August 12, 2011 ⋅ Post a comment ⋅

In 1993 Canada lost its Triple AAA credit rating but has since been returned to AAA status.

France’s Credit Rating at Risk

By Jason Margolis ⋅ August 11, 2011 ⋅ Post a comment ⋅

After last week’s downgrade of US credit rating, many investors are speculating if France is next.

Isthmus Culture in Southern Mexico

By The World ⋅ August 11, 2011 ⋅ 21 comments ⋅

Dancing at the Candelaria Festival, San Mateo del Mar, Isthmus of Tehuantepec, Oaxaca, Mexico (Photo: Wendy Call)

Looking for an isthmus that is the shortest stretch of land between the Gulf of Mexico and Pacific Ocean.

Swiss National Bank Headquarters

By Clark Boyd ⋅ August 9, 2011 ⋅ Post a comment ⋅

Looking for two cities that serve as headquarters for the Swiss National Bank headquarters.

China Critical of US Credit Rating Downgrade

By The World ⋅ August 8, 2011 ⋅ Post a comment ⋅

The downgrade has opened up the US to even more criticism from around the world.

Price Tags of War