WASHINGTON, Oct. 1 (UPI) -- Some very smart people in Europe believe that the bitter medicine of austerity not only can work but that it is working.
ZURICH, Switzerland, Sept. 24 (UPI) -- It may be the darkest hour before the dawn but the economic news from Europe could hardly be more depressing for European Central Bank head Mario Draghi.
LISBON, Portugal, Sept. 17 (UPI) -- Actions of the European Central Bank and the Federal Reserve in the United States exemplify the new reality that when politicians can't or won't act, central bankers will.
GENEVA, Switzerland, Sept. 10 (UPI) -- Despite the market euphoria and the tumbling of debt yields in Spain and Italy, there are three reasons to fear that the euro crisis is far from over.
PARIS, Sept. 4 (UPI) -- There have been striking developments in different parts of the world in recent days, each of them with sobering implications for the global economy. Taken together, the prognosis is grim.
PARIS, Aug. 27 (UPI) -- Beware the ides of September, which promises to be a critical month for the future of Europe and the euro
PARIS, Aug. 20 (UPI) -- Vacation and the Olympic period in Europe is ending the officials are returning to work to find the euro crisis hasn't gone away.
PARIS, Aug. 13 (UPI) -- The real significance of the 2012 Olympics may well be in the appearance of Oscar Pistorius and what that means for scientific advances.
PARIS, Aug. 6 (UPI) -- Just five years ago, the financial crisis started when the American Home Mortgage Investment Corp. filed for bankruptcy. The curse of August had struck again.
PARIS, July 30 (UPI) -- You know a crisis is about to burst open when U.S. Treasury Secretary Timothy Geithner flies in unexpectedly to meet German and European financial officials.
WASHINGTON, July 23 (UPI) -- Europe's rescue of Spain was going to very tight but just about possible to keep the show on the road for the rest of the year but then came Valencia.
PARIS, July 16 (UPI) -- U.S. corn traders, Spanish miners, Russian farmers and German judges are twirling together in a dance that reminds us that all aspects of the global economy are ever more mutually dependent.
PARIS, July 9 (UPI) -- The global economy is in such a state that we shall be lucky if the world simply runs flat economically for the rest of the year.
ZURICH, Switzerland, July 2 (UPI) -- The current European and increasingly global debate whether to focus on a strategy of austerity or of growth is a horrible choice. It is also a false one.
ISTANBUL, Turkey, June 25 (UPI) -- As the economies of Europe, China, India and the United States all slow at once, how does Turkey do it?
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