World News

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Europe: The sky's not falling

"The subjugation of democratic process to the markets was the reason why we have the crisis today...we predicted from the onset...that austerity-based policies would backfire."

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Greek unions hold 24-hour general strike against austerity

Transport grinds to a halt and schools close as thousands march through Athens in protest.

 

 

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EU promises loans to Ukraine for Greek-style austerity

Several European foreign affairs ministers are promising to help Ukraine obtain a loan from the International Monetary Fund.

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Nowadays it doesn't take tanks to overrun Europe

Because Germany has the biggest economy in the EU, and is at the center of a "core" of wealthy nations that also use the Euro - France, Austria, and the Netherlands - Berlin largely calls the shots.

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Germany's Left Party deals with water, fire, air and dirt

BERLIN - Two elements threatened the congress of The Left Party in Dresden over the weekend: water and fire.

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Germany’s finance minister: The most dangerous man in Europe?

Angela is losing "patience" with irresponsible lands and leaders to the South, reluctant to bear the required share of their burdens.

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Presidential elections in Cyprus

This election is of significance because it took place in the context of the world crisis of capital. The crisis has hit Cyprus hard is due to the close connections of the nation's banks to the Greek economy.

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Portuguese protest austerity

Hundreds of thousands of workers, students, pensioners, and others marched against the right-wing government of Prime Minister Pedro Passos Coelho and his enablers.

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Cyprus presidential election moves to second round

Austerity is the key issue facing Cypriot voters as they head to the polls for the second round of the presidential elections.

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Italy's heritage for sale

Some 350 historic buildings in the capital and historic towns across the country are to be sold off.

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