It is a vicious circle that those who still espouse 19th-century free market economics do not want to recognize. What applied to a rural America where 70 percent still lived on farms cannot apply today to an urbanized U.S.
MADRID — Spain's Crown Princess Letizia has a penchant for haute couture. Queen Elizabeth II's Bentleys are spotless. Belgium's King Albert II maint...
Last week's shellackings across the Atlantic were bad news for both Democrats and Republicans -- because it will make bipartisan deficit reduction that much spookier for everybody in Washington.
BRUSSELS, March 11 (Reuters) - Belgium's government agreed early on Sunday to extend austerity measures by 1.82 billion euros ($2.39 billion) to kee...
ROME (Giselda Vagnoni and James Mackenzie) - Financial market pressure on Italy intensified on Tuesday, sucking Europe's second biggest debtor natio...
The term "austerity" has become a popular and concise way of describing the various methods of economic belt-tightening being employed throughout Euro...