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IMF Secures £199bn to Deal with Eurozone Crisis
Though considerable progress has been made to tackle eurozone crisis, it remains single largest threat to world economy.
Staff Reporter Apr 19, 2012
European Shares Turn Red As Spanish, Italian Bank Concerns Mount
Bad Loans hit 18-year peak in Spain, 12-year high in Italy as debate about direct bank support intensifies
Martin Baccardax Apr 18, 2012
BoE Minutes: Posen Drops QE Support As Economy Improves, Inflation Quickens
Pound surges on forex markets as key QE voice ends push for more stimulus
Martin Baccardax Apr 18, 2012
IMF Lifts Eurozone Growth Targets and Warns on Italy and Spain
Global lender says spillover risks in eurozone sovereign debt crisis remain high.
Martin Baccardax Apr 17, 2012
Top Ten Richest Countries in World: Forbes’ Magazine List [SLIDESHOW]
Forbes magazine released the list of the wealthiest countries based on their gross domestic product (GDP) at purchasing power parity per capita, the value of all final goods and services produced within a country in a given year. Checkout the list to see who made it to the list.
Staff Reporter Apr 15, 2012
Greek Thinktank Predicts 5% Contraction and "Intense" recession in 2012
Foundation for Economic and Industrial Research returns pessimistic outlook and criticises current austerity measures.
Nicholas Edmondson Apr 02, 2012
Eurozone Crisis: Greece May Need a Third Bailout says Greek Prime Minister Papademos
Greece's premier has warned in an Italian newspaper that he cannot exclude the possibility of the country needing a third IMF-eurozone bailout.
Shane Croucher Mar 30, 2012
Dominique Strauss Kahn Alleged Photo with Prostitute Jade May Help Prosecutors
Picture believed to show DSK with call girl may support prosecution claim of involvement with international prostitution ring.
Anissa Haddadi Mar 28, 2012
UK Petrol Prices Hit Record High of 140.2p Per Litre Unleaded
Petrol prices at the pump soar over 140p with no end in sight, warn analysts.
Shane Croucher Mar 23, 2012
Ireland Falls Back into Recession as Eurozone Struggles
Economic data for Ireland reveals economy contracted in final two quarters of 2011 - and eurozone looks set to follow.
Shane Croucher Mar 22, 2012
OBR UK Growth Forecasts 'Ignores Competition from Developing Economies'
Office for Budget Responsibility improves outlook for UK economic growth but critics say it is too optimistic in face of increasing global competition.
Shane Croucher Mar 20, 2012
New Robinson Crusoe Discovered on Greek Islet [PHOTOS]
Sostis, a 60-year-old former sailor is the only human inhabitant of the volcanic islet of Palaia Kameni located in the caldera of Santorini.
Simi John Mar 20, 2012
Loud, French and Proud: Gerard Depardieu, DSK and Rest of France? [SLIDESHOW]
Is actor's accusation of French smugness and arrogance a true reflection or playing to national stereotypes?
Anissa Haddadi Mar 16, 2012
Global Markets Fall as Greek Debt Deadline Looms
Markets jumpy amid fears Greece will fail to secure debt haircut deal with private investors to get another IMF bailout.
Shane Croucher Mar 07, 2012
Iceland's Geir Haarde Denies Part in Financial Meltdown
Iceland's former prime minister on trial for gross negligence in ignoring warning signs over looming crash.
Shane Croucher Mar 05, 2012
Anonymous Attacks Greek Ministry of Justice Website
Collective repeats attack on Greek website after three hackers arrested..
Gianluca Mezzofiore Feb 22, 2012
Strauss-Kahn and 'Affair Carlton': Top Hotels Implicated in Vice Ring
Ex-IMF head back in spotlight following arrest in high-class vice ring probe.
Anissa Haddadi Feb 21, 2012
President of Greece to Give up €283,000 Salary
Karolos Papoulias sacrifices wages as bailout rests 'on knife edge'.
Nicholas Edmondson Feb 15, 2012
Greece Erupts in Widespread Riots as Austerity Deal Passed
Greek parliament accepts stringent financial austerity package, slashing jobs, pay and pensions and sparking riots across country.
Chandrashekar Srinivasan Feb 13, 2012
Greece on Fire: Protesters and Police Battle in Athens [SLIDESHOW]
Thousands of striking workers engaged in running battles with police in protest against austerity measures.
Nicholas Edmondson Feb 10, 2012
Eurozone Crisis: Greek Leaders Agree New Deal Amid Public Furore
Three days after deadline, Greek leaders reach deal on austerity plan that will unlock €130bn (£109m) bailout.
Tom Nicolson Feb 09, 2012
Greek Crisis: Debt Deal ‘Close’ as Clock Ticks Down
Source claims coalition partners on verge of snatching Greece out of danger zone of default and eurozone expulsion.
Tom Nicolson Feb 07, 2012
India to UK: Keep Your Money, You Need it More
According to a report in the Telegraph, about a year ago, the Indian government said they wished to "voluntarily" give up aid from the UK, worth approximately £280 million a year. The Mirror quotes unnamed Indian ministers as saying the aid was "peanuts".
Chandrashekar Srinivasan Feb 06, 2012
Anonymous Deface Greece's Justice Ministry in IMF Protest
Anonymous' hackers accessed the website of Greece's justice ministry, posting a message of protest against the EU and IMF-inspired austerity policies.
Gianluca Mezzofiore Feb 03, 2012
Million Dollar Bonuses: RBS Stephen Hester and Global Income Inequalities
How much money did each of us make in 2011? The chances are, no matter how much each of thought we made, it would have been peanuts compared to the big bucks that CEOs, Presidents of the Board and company Directors would have pocketed! Then consider the fact that median annual wages in the U.S. fell (for 2010) to $26, 364 (the lowest since 1999) and average wages in the UK (for 2011) were £25,900 (a miniscule ...
Chandrashekar Srinivasan Feb 03, 2012
Zimbabwe in Fear of Typhoid Epidemic as Disease Spreads across Country
Crumbling sanitation and water infrastructure blamed for sharp spike in typhoid as 50 new cases a day reported.
Anissa Haddadi Feb 01, 2012
Eurozone Crisis: IMF Warns of Global Meltdown
The IMF has warned the eurozone is in serious risk of spreading its toxic economy worldwide unless it is dealt with “decisively”.
Tom Nicolson Jan 24, 2012
France: Anne Sinclair, Wife of DSK, Launches Le Huffington Post
Wife of Disgraced Dominique Strauss-Kahn launches French version of Huffington Post.
Jamie Lewis Jan 24, 2012
Romanian Health Minister Raed Arafat Reinstated after Protests
In response to anti-government protests last week, the Romanian government reinstated deputy health minister Raed Arafat on Tuesday.
Staff Reporter Jan 18, 2012
Greece 70 Days Away From Default as Hedge Funds Hold Out for Cash
The eurozone debt crisis is back in full swing after talks between the debt laden Greek government and its private creditors collapsed just before the weekend.
Tom Nicolson Jan 16, 2012
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