
May 19, 2012 |
Protesters in the German city of Frankfurt on May 18, 2012 Sat May 19, 2012 4:3PM Share | Email | Print More than 20,000 people have gathered in the German city of Frankfurt in protest against austerity measures implemented to tackle the eurozone debt crisis. The peaceful rally Read more »

May 19, 2012 |
Spain may have to revise its budget deficit as the level of bad loans on the books of Spanish banks rises to 8.36 percent. Sat May 19, 2012 9:47AM Share | Email | Print Spain’s economic turmoil may lead the government to revise its 2011 budget deficit as Read more »

May 19, 2012 |
File photo shows the Greek parliament Fri May 18, 2012 6:12PM Share | Email | Print Greece’s symbolic one-day old parliament has been dissolved in order to make way for the country’s repeat elections, which are scheduled to be held next month. On Thursday, in a symbolic move, Read more »

May 18, 2012 |
German Police carry away a protester as they evict the Occupy Camp in front of the European Central Bank headquarters in Frankfurt. (File Photo) Fri May 18, 2012 3:9PM Share | Email | Print German police have arrested at least 400 peaceful anti-capitalism “Blockupy” protesters demonstrating against the Read more »

May 18, 2012 |
Lisbon air port (file photo) Fri May 18, 2012 6:33AM Share | Email | Print The Portuguese air traffic controllers have begun a five-day strike in the capital Lisbon against their working conditions, leading to the cancellation of more than 200 flights. Air traffic controllers from air navigation Read more »

May 17, 2012 |
Moody’s Investors Service (file photo) Thu May 17, 2012 9:7PM Share | Email | Print Moody’s Investors Service has downgraded the credit ratings of four Spanish regions, warning that they will most likely fail to reach their deficit-reduction targets. The ratings agency on Thursday lowered the ratings of Read more »

May 17, 2012 |
French Finance Minister Pierre Moscovici Thu May 17, 2012 12:27PM Share | Email | Print France’s new finance minister says his country will not ratify the European Union budget pact unless it is renegotiated to include measures aimed at boosting growth in EU member states. “The treaty won’t Read more »

May 17, 2012 |
International Monetary Fund (IMF) Managing Director Christine Lagarde Thu May 17, 2012 5:19AM Share | Email | Print International Monetary Fund Managing Director Christine Lagarde has warned about Greece’s exit from the eurozone, saying the leaving will led to extremely expensive consequences. In an interview on Dutch television Read more »
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Spanish energy giant Repsol Sat May 19, 2012 1:31PM Share | Email | Print Spanish energy giant Repsol has cancelled its contracts to provide liquefied natural gas (LNG) to Argentina, just weeks after the South American nation seized control of Repsol’s majority stake in YPF. “We are terminating the contract because (state-run Argentine firm) Enarsa

This file photo shows Mexican policemen. Sat May 19, 2012 2:52PM Share | Email | Print Another Mexican general has been arrested on suspicion of having links to the country’s drug cartels, Mexican Defense Department has said. Retired Lt. Col. Silvio Hernandez Soto, who was brought in for questioning, was the fourth high-ranking officer arrested,

Students march through the streets of Montreal protesting against tuition fee hikes on May 17, 2012. Sat May 19, 2012 6:17AM Share | Email | Print Quebec’s provincial government has voted in favor of an emergency law aimed at ending the 14-week rallies and protests against tuition fee hikes. Following a 21-hour debate overnight Thursday,
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