The current unrest in Greece stems for decades of over-spending. In Athens, protesters take to the streets to fight the latest austerity proposal.
The resignation of Rousseff's chief of staff comes at a bad time as the president tries to manage Brazil's economic growth
Chairman Ben S. Bernanke t the Annual Conference of the Committee for a Responsible Federal Budget, Washington, D.C. June 14, 2011
With food prices around the world skyrocketing, increasing hunger and in some cases acting as a catalyst for regime changes in the Middle East, there is more to worry about on the horizon.
While Syrian pour across the border into Turkey to escape the armies of Assad, the Turks already have their hands full with a crucial national election this weekend. The ruling Justice and Development Party (AKP) of Prime Minister Tayyip Erdogan is expected to score an easy victory.
China's constant search for natural resources to fuel its burgeoning economy has driven Beijing's helmsmen to the far reaches of Africa, South America and the embattled Middle East.
Young Egyptians took to the streets again yesterday, in Cairo and across the North African nation. This time to demanded better wages.
The Gold Price continued to hold steady Thursday morning, trading in a tight range around $1536 per ounce - 2.6% off last month's spot market all-time high - while stocks and commodities gained ahead of UK and Eurozone interest rate announcements.
Fed Chairman Ben S. Bernanke Speech At the International Monetary Conference, Atlanta, Ga. on June 7, 2011
The election this weekend in Turkey is expected to bring an easy victory to the ruling Justice and Development Party (AKP) of Prime Minister Tayyip Erdogan.
The Libyan government said it will send a representative to the next OPEC meeting in Vienna on June 8, following the recent defection of the country’s former oil minister, Shokri Ghanem.
The slowdown has begun. The economy has started to sputter and unemployment claims have tipped 400,000 for the last seven weeks. Manufacturing is cooling, the housing market is struggling and consumers are keeping a close eye on spending, meaning the U.S. economy might be on a slower path to full health than expected.
Former Massachusetts governor Mitt Romney will formally announce his candidacy today with a speech that will largely attack the failures of what he dubs the Obama economy.
Wholesale Gold Bullion Prices surged up by nearly $20 on Wednesday morning, reaching $1550 per ounce while stocks and commodities were flat.
Forex: Month End Review May 2011, USD, EUR, GBP, JPY, CHF, CAD, AUD, NZD
Private employers in the U.S. created only 38,000 jobs in May, a dramatic drop from the 177,000 jobs created in the prior month, and significantly lower than the 100,000 new jobs that economists had expected, according to a report from ADP.
Australia’s economy shrank by 1.2 percent in the first quarter of this year -- the sharpest quarterly drop in twenty years -- due largely to the devastating floods that swept across parts of the country late last year.
Three trillion dollars is a lot of cash to hoard up in barely 10 years. It's a lot of cash to unleash on the world's commodity markets, too. And peak oil or not, we monetary maniacs might just have a point. Real returns to cash do matter.
We're in no danger of hyperinflation because the Fed is not printing money. That's not what the program is all about. Instead it was a gamble meant to lift the prices of stocks and commodities, which it did - but which could now colapse very quickly when QE2 ends.
Tranquility returned to Yemen's embattled capital on Sunday, hours after armed tribesman and President Ali Abdullah Saleh's forces reached a truce to halt clashes which threatened to plunge the state into civil war, a Reuters report stated.
The political crisis has pushed Yemen to the brink of civil war has also cost the economy $ 5 billion and the country requires immediate aid to prevent a meltdown, the country's trade minister said on Saturday.
The U.S. Commerce Department has already painted a bleak picture of GDP growth, but the recovery will face tougher headwinds if fiscal consolidation efforts set in, analysts have said.