WATCH: Krugman: 'We Are Not A Household. We Are An Economy'
For most Americans, a trip to London means drinking a few pints and maybe taking a picture of one of those guards with the hats. For Paul Krugman, it ...
For most Americans, a trip to London means drinking a few pints and maybe taking a picture of one of those guards with the hats. For Paul Krugman, it ...
The Huffington Post | Mark Gongloff | Posted 06.01.2012
Thing One: Latter-Day Neros: Mario Draghi has had just about enough of European politicians fiddling while Europe burns. The European Central Bank ...
AP | The Associated Press | Posted 06.01.2012
Dealogic says motorsport franchise Formula One has delayed its estimated $2 billion initial public offering in Singapore, joining a slew of companies ...
AP | Posted 06.01.2012
BRUSSELS (AP) — Unemployment across the 17 countries that use the euro stayed at 11 percent in April — the highest level since the single currency...
Reuters | Posted 05.31.2012
MADRID, May 30 (Reuters) - Nationalised Spanish lender Bankia is offering a Spiderman towel to young investors as part of a drive to hold onto depos...
The Huffington Post | Alexander Eichler | Posted 05.30.2012
IMF chief Christine Lagarde wants the people of Greece to pay their taxes. The problem? She doesn't really pay taxes herself. Last Friday, The Gua...
The Huffington Post | Mark Gongloff | Posted 05.30.2012
Thing One: Europe, The Re-En-Crisising: That whistling sound you're hearing this morning is the European debt crisis coming once again to full boil. ...
Arianna Huffington | Posted 05.29.2012
There's a new scarlet letter in town. Actually, it's the same letter -- "A" -- but it stands for a different word that's increasingly regarded as shameful: Austerity. The darling idea of 2010 and 2011 has become the pariah concept of 2012. And the evidence of profound change is all around, from France and Greece to Germany and -- gasp -- the Republican Party. The change, when it comes to the conventional wisdom on austerity, has come from a combination of public pressure and leadership: one pushing up from below, the other pressing down from above. None of this means that we should break out the Keynesian champagne any time soon. But it's clear the forces of austerity are in retreat. And that's a very good thing.
AP | DEREK GATOPOULOS and NICHOLAS PAPHITIS | Posted 05.30.2012
ATHENS, Greece — An exit from the euro would see Greeks lose more than half their annual income and prompt a dramatic rise in unemployment and i...
Ioannis Pappos | Posted 05.29.2012
By 2010, I decided to spend some time writing in Greece. I had open accounts to settle there -- family, friends, closets. What I hadn't planned though was that it's hard to settle with the already bankrupt. I landed in a suicidal country itself deeply in the closet financially, morally, even sexually.
Robert Reich | Posted 05.29.2012
Here is a way for us to avoid the austerity trap that Europe has fallen into. And we get on with the long-term job of taming the budget deficit when the economy is healthy enough to do so.
Rajan Menon | Posted 05.28.2012
These issues doubtlessly need to be addressed, but what's notable is the sea change in the conversation. Ideas that were once off the table are now being taken up by EU governments and organizations and Euro pundits. The austerity discourse no longer dominates. Why?
Reuters | Posted 05.29.2012
* New regulation may repel staple investors * Bond buyers say rules will push up debt costs for banks By Sinead Cruise ...
Reuters | Posted 05.28.2012
* Northern Rock "run" was due to bank risk * Threat now is country risk * Currency risk another concern for bank deposit...
Chief Rabbi Lord Sacks | Posted 05.26.2012
f we are to negotiate the coming years safely, we may need a new kind of leadership. We need the rediscovery of an ancient kind of leadership that has rarely been given the prominence it deserves. I mean the leader as teacher.
James Doran | Posted 05.25.2012
Those who rely upon currency must have faith that the institution that prints it has the wherewithal to meet all those promises. It is amazing, then, that the euro hasn't entirely evaporated.
Reuters | Posted 05.25.2012
(Adds details and background) NEW YORK, May 25 (Reuters) - Ratings agency Standard & Poor's cut the ratings on five Spanish banks ...
The Huffington Post | Mark Gongloff | Posted 05.24.2012
Europe and Greece are at the stage in their stormy marriage where they are consulting with divorce lawyers. And we may all feel the pain of their brea...
The Huffington Post | Harry Bradford | Posted 05.24.2012
Some are finding a silver lining in Europe's economic crisis. The world’s richest man, billionaire Mexican investor Carlos Slim is reportedly att...
The Huffington Post | Mark Gongloff | Posted 05.24.2012
Thing One: Preparing For Divorce: Europe and Greece are at the stage in their stormy marriage where they are consulting with divorce lawyers. And we m...
The Huffington Post | Mark Gongloff | Posted 05.23.2012
U.S. stocks are headed for their worst day in six weeks, while the euro is at its lowest level in nearly two years, as markets freak out about the pro...
Reuters | Posted 05.23.2012
* Eurozone officials call for Greek exit contingency planning * Bundesbank says scenario would be "manageable" * Euro z...
Peter Fox-Penner, PhD | Posted 05.22.2012
Is no one else haunted by the thought that European economic history may be reflecting itself in the mirror?
Matt Browne | Posted 05.22.2012
Austerity Isn't Working's goal is to illustrate the human cost of austerity, compile the growing economic evidence that austerity isn't working, and promote fresh ideas designed to shape a fiscally responsible, pro-European, pro-growth response to the crisis.
Reuters | Posted 05.23.2012
* Yen weakens after Fitch downgrade, move seen brief * Fitch warns further downgrades possible * Says Japan's debt plan ...
The Huffington Post | Alexander Eichler | Posted 06.01.2012