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Lagarde's Potential IMF Competitor Decides Against Bid

Posted 08.10.2011 | Business

PARIS (Catherine Bremer) - South Africa's Trevor Manuel ruled himself out of the race for the IMF's top job on Friday, making French finance minis...

UN Climate Negotiations: EU Ramps Up Renewables and Addresses Aviation Emissions

Tina Gerhardt | Posted 08.09.2011 | Green
Tina Gerhardt

International aviation emissions grew by 66% between 1990 and 2005. They form one of the fastest growing sources of emissions. Yet they are currently excluded from the Kyoto Protocol.

Gender Gaps Exist In the Very NGOs that Address it Internationally

Tom Murphy | Posted 08.07.2011 | Impact
Tom Murphy

There are many problems within the very NGOs that attempt to address gender-related problems related to the issue of poverty.

Pope Supports Croatia's EU Bid Upon Arrival In Zagreb

AP | NICOLE WINFIELD | Posted 08.04.2011 | World

ZAGREB, Croatia — Pope Benedict XVI strongly backed Croatia's bid to join the European Union as he arrived in the Balkan nation Saturday, but sa...

Greek Protestors Take Over Finance Ministry

Posted 08.03.2011 | Business

(AP) ATHENS, Greece — Protesters took over the Finance Ministry building in Athens Friday morning, hanging a giant banner from the roof calling for ...

Greece Set To Present New Austerity Plan

Posted 08.02.2011 | Business

ATHENS/MADRID (Lefteris Papadimas and Paul Day) - Greece intends to present a fresh austerity plan on Friday, a government official said, after Mo...

Greek Bailout Talks Nearing Completion

Posted 08.01.2011 | Business

ATHENS (Ingrid Melander and George Georgiopoulos) - Greece should complete talks by the end of the week with inspectors from the EU and IMF on a m...

Why India Isn't Trying for the IMF Top Post

Anant Goenka | Posted 07.31.2011 | World
Anant Goenka

Since the President of the World Bank has always been American, and the IMF, European, it's fair to persuade the IMF to now elect a candidate from a developing country that is increasingly influential in the global economy.

EU Rushing To Complete Greece's Second Bailout Package

Posted 07.30.2011 | Business

BRUSSELS/ATHENS (Jan Strupczewzki and Harry Papachristou) - The European Union is working on a second bailout package for Greece in a race to rele...

EU Commissioner Reding: All EU Crime Victims Will Get Help -- In Their Own Language

Elisabeth Braw | Posted 07.27.2011 | World
Elisabeth Braw

"For too long our criminal systems have focused on the offenders, but the victims were nowhere to be found. Now, victims are no longer forgotten."

Greece's Credit Rating Pushed Even Deeper Into Junk Status

Posted 07.20.2011 | Business

ATHENS - Fitch pushed Greece's credit rating deeper into junk territory on Friday, warning of even further downgrades if the EU and the IMF do not...

Officials Agree On Huge Portugal Bailout Package

Posted 07.16.2011 | Business

BRUSSELS (AP, By Gabriele Steinhauser) -- European finance ministers on Monday signed off on euro 78 billion ($110 billion) in rescue loans to Portuga...

US Airlines Say They Are "Green" While Fighting Anti-Pollution Efforts

Jake Schmidt | Posted 07.12.2011 | Green
Jake Schmidt

If an airline claimed to be "green" but was actively working to gut carbon pollution standards, what would you do?

Europe's Boogey Man: Nomadic Migration Part 3

Phillip Martin | Posted 07.09.2011 | World
Phillip Martin

Thousands of panicked Libyans are heading across the Mediterranean. But what happens once these desperate visitors are released in places like Malta in the midst of anti-immigrant fervor?

EU Offers A Big Break To Greece And Ireland

Posted 07.09.2011 | Business

BRUSSELS/ATHENS (By By John O'Donnell and Ingrid Melander) - The European Union is looking to lower interest rates on bailout loans to Greece an...

Ireland Expects Debt Restructuring Within Three Years, Report Says

Posted 07.08.2011 | Business

Ireland's government expects the country's debts will be restructured within the next three years, The Irish Mail on Sunday reported, citing an un...

Portugal Bailout Terms Are 'Severe,' EU Says

AP | By GABRIELE STEINHAUSER and BARRY HATTON | Posted 07.04.2011 | Business

LISBON, Portugal -- Portugal's bailout terms are 'severe' and no more lenient than those Greece and Ireland received, an EU official said Wednesday in...

Greece Debt Restructuring Would Be A Disaster, Officials Warn

Posted 07.03.2011 | Business

ATHENS/LISBON (By George Georgiopoulos and Andrei Khalip) - Greece insisted on Tuesday any restructuring of its debts would be a disaster for the ...

EU: Greece Debt Restructuring 'Not Part Of Our Strategy'

Posted 07.02.2011 | Business

BRUSSELS (AP) -- The EU's top economic affairs official says a restructuring of Greece's massive debt is not on the table. Monetary and Economic Af...

Libya -- Oil, Water, Gold Are the Real Issues

Gemma Godfrey | Posted 06.15.2011 | Business
Gemma Godfrey

The oil price has skyrocketed over the past few months and the finger often points to Libya and claims of supply disruptions have dominated the press. However, are these claims grounded in fact or are we watching yet another sentiment driven bubble?

Euro Falls After Moody's Further Downgrades Ireland

Posted 06.15.2011 | Business

DUBLIN (Padraic Halpin) - Moody's cut Ireland's sovereign rating by two notches to the verge of junk status on Friday and kept its outlook on nega...

EU Announces Huge Fines For Laundry Cartel

AP | By GABRIELE STEINHAUSER | Posted 06.13.2011 | Business

BRUSSELS -- European Union regulators on Wednesday fined consumer products companies Procter & Gamble and Unilever a total of euro315.2 million ($456 ...

EU Finance Ministers Urge Austerity Reforms As European Unions Protest

Posted 06.09.2011 | Business

GODOLLO, Hungary (Marton Dunai) - EU finance ministers on Saturday urged Portugal to commit to reforms and defended the region's austerity steps as ...

The 'Surprises' of the Japanese Crisis and the Investment Lessons to Learn

Gemma Godfrey | Posted 10.26.2011 | Business
Gemma Godfrey

Surprise consequences to the earthquake in Japan have revealed significant weaknesses in both the worlds of politics and business and from an investment point of view, there are lessons we can learn.

Europe's Contradictions on Iran Sanctions

Abraham H. Foxman | Posted 06.01.2011 | World
Abraham H. Foxman

"Sanctionable" is one of a few English words to have two contrary meanings: legally punishable and ethically approvable. The contradiction appears to translate well into three European languages: German, Italian and Spanish.