Staff / TruthdigFeb 13, 2012
On Sunday, after months of economic and political turmoil, Greek citizens fed up with paying for mistakes made by their country's power elite took to the streets by the tens of thousands to signal their disapproval of the austerity measures the government pushed through late that night. Dig deeper ( 1 Min. Read )
Staff / TruthdigJun 18, 2011
Three years into the Great Recession, the outlook is wobbly in the eurozone, according to the IMF. France and Germany are doing well enough to offset some of the economic problems plaguing their neighbors, but in a networked world, nations' fates are intertwined. Dig deeper ( 1 Min. Read )
Nomi Prins / TruthdigMay 20, 2011
As newly resigned International Monetary Fund head Dominique Strauss-Kahn hunkers down in his jail cell, IMF news has fallen into two categories. Both miss the devastation the IMF causes, regardless of who heads it. Dig deeper ( 5 Min. Read )
Staff / TruthdigApr 1, 2011
The U.S. unemployment rate ticked down a tenth of a point in March to 8.8 percent -- the lowest in two years -- as 216,000 new jobs were created during the month. Dig deeper ( 1 Min. Read )
Staff / TruthdigMar 26, 2011
European Union financial officials meeting in Brussels have agreed on the setting up of a permanent bailout fund, even as Portugal reportedly teeters on the precipice of financial collapse. Dig deeper ( 1 Min. Read )
Staff / TruthdigMay 11, 2010
While other officials from the Catholic Church (ahem, Bill Donohue) have hesitated, to say the least, to look within the church for the source of the clergy sex abuse scandal, Pope Benedict XVI has apparently seen the light. Dig deeper ( 1 Min. Read )
Staff / TruthdigMay 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 )
Staff / TruthdigMar 5, 2010
Sure, Goldman Sachs CEO Lloyd Blankfein once crowed that his firm was "doing God's work," but, as Stephen Colbert points out here, Blankfein never actually specified which God he was talking about. Perhaps it was Hades, Greek god of the underworld. Given the state of the Greek economy, that may not be too much of a stretch. Dig deeper ( 1 Min. Read )
Staff / TruthdigJan 8, 2010
"The large print giveth and the small print taketh away" -- T. Waits (1990). So goes the news that Portugal has become the sixth European nation to pass a law allowing same-sex marriage, though parliament rejected proposals to let gay couples adopt children. Dig deeper ( 1 Min. Read )
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