Economy
Trimming the Defense Budget, Tea Party Style
Many Republicans are shuddering at the idea of deep cuts in the military but how does the Tea Party feel?
Congress to Vote on Debt Deal
Despite agreement concerns remain about America’s standing in the world.
Europe Reacts to Debt Deal
European stock markets initially rose on Monday after President Obama announced the debt deal.
Why the Economy in Chile is Booming
US economic growth has slowed in recent weeks, not so in Chile, where unemployment is low and business booming.
Israelis Protest High Cost of Living
Israelis have pitched tents across the country to protest high housing prices.
President Obama Underscores Urgency of Debt-Plan Deal
Observers in Greece, China, Ireland, and Australia give their thoughts on the US debt crisis
Severe Malnutrition Showing in North Korea
Severe malnutrition seems to be on the rise in poorer, more remote parts of North Korea.
China’s View of the US Debt Crisis
China is the largest holder of US debt and watching events in Washington closely.
Why China is Watching US Debt Negotiations Closely
US Secretary of State Hillary Clinton said she is “confident” a deal will get done.
Europe Berates Raters
European leaders say the existing agencies have too much power and are adding to the so-called euro-zone’s debt crisis.
Europe and the American debt crisis
Europe wants its own ratings agency and is watching the US crisis closely.
Eurozone crisis continues
European leaders are debating what to do next to protect the financial markets from further instability.
Economic Crisis Spreading to Italy
Italian government bonds and stocks fell sharply Monday, continuing a plunge from Friday.
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