World News

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Behind London Olympics spectacular sports, a dark side

While the 2012 Summer Olympics bring athletes together in spectacles of sport, the Games will also bring crippling debt,  especially galling given the  latest austerity measures in the UK.

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Eurozone chiefs rage at Greek PM, global unions demand Robin Hood tax

The Greek people and eurozone leaders both seem to be furious at Greece Prime Minister George Papandreou's referendum announcement.

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Amidst massive strikes, Greek Parliament votes for austerity

Much of Greece was shut down Tuesday and Wednesday by a general strike by all major union federations, but parliament approved the general terms of a crushing austerity program.

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Cairo looks for debt relief

Egypt has cut its forecast for growth by almost half and has estimated that the unrest cost the nation about $1.7 billion, largely stemming from tourism losses.

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Haiti: Real development or cheap labor haven?

Haiti is forced to think about how reconstruction is to be approached with another disaster looming: Economists.

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Debt conflict riles Argentina

Argentina's  massive default on international debt repayments in 2002 has cut off foreign loan possibilities. The Fernandez government seeks once more to be able to borrow in order to fund social programs.