Austerity measures cause dairy farmers to scuffle with police in a northern Greek town, highlighting public anger.
Finally a Realistic Way to Get Debt Relief
Austerity measures cause dairy farmers to scuffle with police in a northern Greek town, highlighting public anger.
China’s Premier Wen Jiabao said Tuesday his country was ready to increase its participation in efforts to resolve Europe’s debt crisis, after holding talks with EU leaders in Beijing. Duration: 00:54.
www.euronews.net Not a good day for Deutsche Bank as it posted a big quarterly loss and was the target of anti-capitalism protestors at its headquarters who strung up a banner reading “German banks get out of tax havens” and arrested its chief executive Josef Ackermann in effigy. The fourth-quarter pretax loss at Germany’s largest bank was 351 million euros as earning from investment banking evaporated amid the sovereign debt crisis.
The series resumed Friday 13 Jan. 2012 when Barbadian Tourism Minister Hon. Richard Sealy spoke on “The Effect of the Euro-Zone Debt Crisis on Tourism and International Business” at the “Errol Barrow Gallery”, DLP Headquarters, ‘Kennington’, George Street, Belleville, St. Michael
www.euronews.net Another round of strong US economic data — including growth in the labour market — lifted the US dollar against the euro on Friday with the single European currency under pressure due to fears that the region’s debt crisis will hurt the global economy As well as having been at 16-month lows against the dollar and the pound it was at the weakest in 11 years against the Japanese yen.
While individual careers may be flourishing, whole countries are drowning in debt. Next, we head to New York, where the Resident asks people in the streets for tips on what should be done to rescue the global economy. RT on Twitter twitter.com RT on Facebook www.facebook.com
2011 will be remembered for its mass protests in Greece where angry crowds clashed with police and trashed the streets of Athens in response to the government’s austerity measures. The leaders there remain have been under immense pressure from the EU to make saving cuts in order to qualify for desperately-needed bailout money. RT’s correspondent Sara Firth has been covering the protests in Greece during the past year. RT on Facebook: www.facebook.com RT on Twitter: twitter.com
A wakeup call for Greece and the euro. WSJ’s Andy Jordan and Joe Parkinson report from Athens on the threat of a potentially contagious debt crisis and the moral hazard of bailing out a country with bad fiscal habits.
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To get a firm grip on Europe’s debt, member states have imposed strict austerity measures, with southerners suffering most. As millions of unemployed people in Spain fight over what few jobs there are, the young and talented are heading abroad. RT on Twitter twitter.com RT on Facebook www.facebook.com