Economy

US President Barack Obama shared the willingness of his country at a U.S.-European Union summit on helping Europe to resolve…

Thanksgiving day 2011 in USA: Frenzy started as Thanksgiving day kickstarts US holiday and frenzied sales and travels

The U.S. unemployment rate dropped a tenth up to nine percent after remaining in 9.1 percent for four months, the…

European Commission chairman Manuel Barroso and German Chancellor Angela Merkel declared, Italy has asked the International Monetary Fund (IMF) to…

Greece economy continues to crumble as the country takes the title of 'sick man of Europe' while Greek prime minister…

A general strike in Greece grounds flights, halts most public services and shuts offices and shops, as Greece is struggling…

Spain’s credit rating was cut for the third time in three years by Standard & Poor’s as slowing growth and…

Turkeys current account deficit was up 102.4 percent year-on-year in the first eight months of 2011, the Central Bank said…

India has more affluent households than many European countries, Indian economy flourishes, study points out

Wall Street protests in the famed street and other parts of the New York financial district enters 4th day. 'Occupy…

US President Barack Obama will propose a new tax rate for the rich on Monday, to aid Us economy, despite…

Turkish PM widens sanctions on Israel, starting with totally suspending defence trade links and calling Israel 'the spoiled brat' of…

The German highest court rules rescue packages for other eurozone nations and Greece bailout are legal, but German parliament must…

The Council of Ministers of the Southern African Development Community (SADC), at its closing session in Talatona Conventions Center, in…

Unemployment in Greece reached 16.6 % in May 2011, the highest figure reported since Greece began publishing monthly figures in…