Global Economy, Global Economic Crisis | featured news

Economic Crisis 'Successfully Exited'

The euro zone's economic crisis is over and it is now enjoying a broad-based recovery, Bank of France Governor Christian Noyer said.

 

Tens of Thousands in Spain Defy Protest Ban

Tens of Thousands in Spain Defy Protest Ban

Fueling the demonstrators’ anger is the perceived failure by politicians to alleviate the hardships imposed on a struggling population by a jobless rate of 21 percent.

 

G-20 nations reach agreement on imbalances

The world's major nations have put together a new monitoring process that they hope will halt the types of destabilizing economic imbalances that contributed to the worst global downturn since World War II....

 

Irish bailout helps banks, angers taxpayers

Irish bailout helps banks, angers taxpayers

Ireland's international bailout relieved investors Monday but outraged many across the country who find that a requirement to raid state pension ...

 

China's economy slows moderately

China's economy slowed in the second quarter as the government steered monetary and fiscal policy back to normal after a record credit surge last year to counter the global crisis.

 

Thousands join May Day protests in Europe

Thousands join May Day protests in Europe

Hundreds of thousands of people joined May Day rallies across Europe on Saturday, many protesting against government austerity policies in the wake of the global financial crisis.

 

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