Financial woes continue across the United States and around the world.
Finally a Realistic Way to Get Debt Relief
Financial woes continue across the United States and around the world.
www.euronews.net Public sector workers have been out on the streets of Athens again, as they continue to lash out at economic reforms being demanded by the Greek government. Unions now say a planned general strike next week will be extended to 48 hours. As protestors crippled services in the capital, the Greek Prime Minister was meeting with European Council President Herman Van Rompuy in Brussels, to discuss his country’s financial woes.
Greece has enough money to pay pensions, workers’ salaries and bondholders through mid-November, the country’s finance minister said on Tuesday. The statement came as world stock markets slumped on fears of an imminent Greek debt default, which could bring down European banks and trigger another global recession. The Athens Stock Exchange general index tumbled by 6.3 per cent, while the main Europe markets fell almost three per cent. Jonah Hull reports from Athens, Greece’s capital, on how ordinary Greeks are feeling much of the economic pain of the debt crisis.
It is set to be another bouncy week for investors, wracked with worry about eurozone debt. But the weekend in Washington may have produced some promise. The annual meeting of the International Monetary Fund was attended by eurozone leaders. It was no time for small talk. There is a sense now that leaders appreciate the size of the problem. But political divisions could yet scupper a deal. Al Jazeera’s Jonah Hull reports from London.
Elizabeth Warren discussing the debt crisis, fair taxation and other important issues as part of her talking tour.
On this, the Sunday Edition of the Alex Jones Show, Alex confronts the latest breaking news and takes on important issues facing the nation including the debt ceiling theater and the high drama of Democrats and Republicans as the republic slips further into economic troubled waters. Alex also takes your calls. www.infowars.com www.prisonplanet.tv www.infowars.net www.prisonplanet.com
Economics editor Larry Elliott on the stock market crash, the implications for the Euro and the Dollar, how it affects ordinary people, and how long it could last as the FTSE 100, the Dow Jones and the Asian markets all struggle
President Barack Obama addresses the nation from the East Room of the White House in Washington on the approaching debt limit deadline. Monday, July 25, 2011.
Part of the reason for the US credit downgrade was the constant bickering in Washington, according to Standard and Poor’s. And even now, while Congress is on holiday, the political fighting has continued. Al Jazeera’s Craig Mauro reports from Washington.
Al Jazeera talks to financial journalist Matina Stevis about the euro-zone debt-crisis.