Greeks Focus Their Rage on the IMF

Staff / Truthdig May 9, 2010 While the genesis of Greece's financial crisis may come straight out of economic textbooks, the recent intervention of the EU and now the IMF into Greek affairs has guaranteed popular resistance to the bailout -- which many see as foreign subjugation of their country. Dig deeper ( 1 Min. Read )

‘Left, Right & Center’: Econo-Anxiety; UK Votes; N.Y. Bomber

Staff / Truthdig May 8, 2010 Portugal, Italy, Greece and Spain (or PIGS, as the likes of Stephen Colbert have pointed out) have seen better days -- debt is overpowering the eurozone and impacting the U.S. as well. The UK election: Will it be a hung parliament? Plus: Newsweek's for sale. Any takers? Dig deeper ( 1 Min. Read )

Kanellos the Protest Dog

Staff / Truthdig May 7, 2010 A stray dog named Kanellos has apparently been on the front lines of most major protests in Greece over the past two years. He is also the focus of a blog, the subject of a recent Guardian photo essay, and the inspiration for several YouTube video homages. Dig deeper ( 1 Min. Read )

Dow Forgets We’re Recovering, Drops 1,000 Points

Staff / Truthdig May 7, 2010 Fears that this might be a jobless recovery turned into fears that this might not be a recovery at all on Thursday as the Dow dropped about 1,000 points. It quickly rallied, leaving the loss at the world's biggest casino at 347.80. (continued) Dig deeper ( 1 Min. Read )

A Fragile Partnership

William Pfaff / Truthdig May 5, 2010 The present crisis of the European Union was inherent in the creation of the institution itself. Dig deeper ( 4 Min. Read )

What’s Euro Problem?

Staff / Truthdig May 5, 2010 The once-mighty euro, a currency that humbled American tourists in its day, has sunk to a 13-month low against the dollar. Greece's impending bailout apparently isn't settling nerves in the eurozone, which includes other major economies that look a little wobbly as of late. Dig deeper ( 1 Min. Read )

Greeks Take to the Streets

Staff / Truthdig May 1, 2010 Thousands of angry Greeks took to the streets on May Day, protesting a wave of wage cuts, tax increases and pension reductions implemented to deal with the country's growing debt crisis. Dig deeper ( 1 Min. Read )

‘Left, Right & Center’: Obama the Naive?; Defending Banking

Staff / Truthdig Apr 24, 2010 This week's show certainly gets lively as the panelists debate whether Wall Street's work benefits the nation -- and the world at large -- or just its denizens' own bank accounts. Also, they take up Obama's performance as Wall Street's pied piper and engage in another on-air tussle over the Catholic Church's crisis. Dig deeper ( 1 Min. Read )

Greece Hits the Help Button

Staff / Truthdig Apr 23, 2010 Greek Prime Minister George Papandreou, declaring that the "moment has come," formally requested the activation of a $60 billion financial aid package from the European Union and the International Monetary Fund. Dig deeper ( 1 Min. Read )

$40 Billion for Greece Bailout

Staff / Truthdig Apr 11, 2010 The 16 nations that use the euro have just revealed an aid package of up to $40 billion in an effort to stem the Greek financial crisis. Finance ministers see the offer as a "step of clarification" for markets and a boost for the faltering euro. Dig deeper ( 1 Min. Read )

Greek Financial Crisis Hits Poor

Staff / Truthdig Apr 3, 2010 The origins of Greece's economic crisis lie with the recklessness of the rich, but the consequences are directly affecting the poor: A new poll shows that three-quarters of the Greek population believe that the current plans to cut the country's budget deficit are "socially unfair." Dig deeper ( 1 Min. Read )

Greece Isn’t Europe’s Only Problem

William Pfaff / Truthdig Mar 31, 2010 Today's European crisis was precipitated by Greece acting with possibly reckless honesty, and Germany behaving badly. Dig deeper ( 3 Min. Read )