Another Recession Hits Eurozone
Europe's euro currency bloc says it has fallen into its second recession in three years.
In Europe, Angry Workers Protest Austerity
Workers in several European countries went on strike Wednesday to protest austerity measures designed to help their governments get out of debt, but which cut their salaries, pensions and benefits.
IMF Managing Director Christine Lagarde Calls for Greater Regional Economic Cooperation in Asia
Christine Lagarde, Managing Director of the International Monetary Fund, highlighted on Wednesday the increasing leadership role that Asia plays in the global economy—and in the IMF.
Latin America: Tax revenues are rising, but still low and varied among countries
Tax structures in Latin America and OECD, 2010
1. Unweighted average of the 15 Latin American and...
In Australia, US Renews Focus on Asia-Pacific
The United States is making sure there are no doubts about its intentions to remain a major player in the Asia Pacific region ahead of next week's visit by President Barack Obama.
New World Bank Group Strategy for Yemen Aims for Jobs and Better Governance
The World Bank Group support for Yemen over the next eighteen months will focus on delivering tangible results that address immediate needs, restore confidence in the state and contribute toward a stable environment for the political transition.
New World Bank Report Finds 50 Percent Increase in Middle Class in Latin America and the Caribbean over Last Decade
A new World Bank report released today found that Latin America and the Caribbean registered a 50 percent jump in the number of people joining the middle class during the last decade, which was called by economists an historic achievement for a region...
Greece has done its part, say Greek ministers
There were many distortions in the Greek finance and labour markets that had to be tackled, but Greece has taken all the necessary measures. Now it is up to the EU to come forward with the next aid tranche, Greek finance and labour ministers Giannis...
Obama, Congress Face Budget Showdown
Spanish finance minister quizzed by EP economics committee
Mr De Guindos is the third finance minister after Hungary's and Belgium's to be heard by the EP committee as part of the House's efforts to increase the transparency and accountability of the EU's efforts to exit the crisis and enhance economic...
