austerity

Italy’s heritage for sale

August 20, 2012 By Tom Gill

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

Behind London Olympics spectacular sports, a dark side

July 24, 2012 By Neil Parthun

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.

Spanish miners’ protest draws massive support

July 17, 2012 By Emile Schepers

Madrid saw a massive show of support for miners who are protesting austerity moves by Spain's conservative government, which they say will completely destroy their hardscrabble livelihoods.

At G-20, union leaders make the case for jobs not austerity

June 20, 2012 By Mark Gruenberg

Union leaders, including AFL-CIO President Richard Trumka, delivered the strong message that "austerity does not work," and only makes things worse for workers, to the G-20 leaders of the industrialized world, meeting in Los Cabos, Mexico.

Greed and the pain in Spain

June 19, 2012 By Conn Hallinan

The European Union's response to the economic chaos gripping the continent seems a combination of profound delusion, and what British a reporter called "sado-monetarism" -- endless cutbacks, savage austerity, and widespread layoffs.