crisis

RIMANEWS-New Italian Prime Minister Enrico Letta seeks the backing of parliament in a confidence vote on Monday, facing severe political and economic problems that will test the solidity of his...

RIMANEWS - The leaders of Germany and France say they will soon put forward common proposals on enhancing economic coordination between the 27 member states of the European Union.

...

Joseph Stiglitz, Project Syndicate

In the shadow of the euro crisis and America's fiscal cliff, it is easy to ignore the global economy's long-term problems....

RIMANEWS-Opponents and supporters of Egyptian President Mohamed Mursi's plans to vote on a new constitution will take to the streets in central Cairo later on Tuesday, risking more violent...

RIMANEWS-India's energy crisis cascaded over half the country Tuesday when three of its regional grids collapsed, leaving 620 million people without government-supplied...

RIMANEWS-An ongoing political crisis has left Pakistan's government paralyzed and near collapse, as the country's Supreme Court attempts to revive corruption charges against the...

RIMANEWS-Greece's new finance minister resigned because of ill health on Monday, throwing the government's drive to soften the terms of an international bailout into confusion days...

RIMANEWS-Spain is to ask for a bank bailout from the eurozone, becoming the fourth and largest country to seek help since the single currency bloc's debt crisis erupted.

...

RIMANEWS - The Greek stock market has plummeted 5.9 percent after Standard & Poor's credit rating agency warned that the country has a one-in-three chance of leaving the eurozone.

...

RIMANEWS-EU leaders have started summit talks in Brussels with Germany resisting pressure to launch eurobonds as a way to ease the eurozone crisis....