Eurozone

Budget Battles

  • A Fed Rate Hike Could Turn Global Financial Anxiety into a Nervous Breakdown

    By Caroline Baum

    Never has so much been said by so many about so little. The topic of this year's Jackson Hole symposium , sponsored by the Federal Reserve Bank of Kansas City, was "Inflation Dynamics and Monetary...

  • Investors look on in front of an electronic board showing stock information at a brokerage house in Shanghai March 17, 2015. REUTERS/Aly Song

    China Stock Collapse Spreads Panic Selling Worldwide

    By Marc Jones, Reuters

    The near 9 percent slump in Chinese stocks was their worst performance since the depths of the global financial crisis in 2007 and wiped out what was left of the 2015 gains, which in June has been...

  • A man walks past a screen displaying a logo of Volkswagen at an event in New Delhi, India, June 23, 2015. REUTERS/Anindito Mukherjee

    The Car World Has a New No. 1

    By Andreas Cremer and Minami Funakoshi, Reuters

    Volkswagen overtook Toyota as the world's largest carmaker by sales in the first half year, achieving its long-held ambition three years ahead of target. But staying on top will be a challenge for...

  • The Pope on Capitalism: Let’s Talk About It

    By PHILIP PULLELLA, Reuters

    Pope Francis acknowledged on Monday he had neglected problems of the middle class and said he was willing to have a dialogue with Americans who disagree with his criticism of capitalism. Francis,...

  • "No" supporters celebrate referendum results on a street in central in Athens

    5 Surprising Facts About the Greek Economy

    By Colin Rowat, The Conversation

    It is widely accepted that the Greek bailout and austerity package has led to wealth flowing from Greece to its European creditors, benefiting foreign banks at the expense of Greeks that its debt is...