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Spain sinks into recession
18 May 2012 6:35 AM ISTSpain tumbled into recession and European stock markets fell on Thursday as Greece installed a crisis government to tackle its crippling debt and top...
'Eurozone must make up or breakup'
17 May 2012 8:44 AM ISTBritish Prime Minister David Cameron told eurozone leaders on Wednesday to sort out their debt problems soon or risk the collapse of the single...
Part-timers on rise in UK: study
17 May 2012 8:40 AM ISTThe number of men taking up part-time work due to being unable to find a full-time job in Britain has more than doubled in the last four years, says a...
IMF warns Luxembourg of eurozone 'accident’
16 May 2012 11:28 AM ISTThe International Monetary Fund (IMF) voiced a thinly disguised expression of worry over Greece on Tuesday when it warned Luxembourg of the...
Europe’s crisis a risk for Japan: Noda
14 May 2012 7:47 AM ISTThe European debt crisis is the biggest risk for the Japanese economy, Prime Minister Yoshihiko Noda said on Sunday, citing it as a factor behind the...
IMF urges Germany to rebalance economy
10 May 2012 11:49 AM ISTThe International Monetary Fund (IMF) on Wednesday said that Germany’s prospects for economic recovery look ‘favorable’ but urged the country to do...
Will Obama fall prey to economics?
9 May 2012 11:07 AM ISTThe transatlantic economic crisis has scythed through Europe's leaders. So, as November looms, can Barack Obama avoid becoming the highest profile...