World stocks hit a three-week low on Italy, Eurozone break-up fears

LONDON: World stocks hit a three-week low and the euro tumbled across the board while top-rated government bonds rallied on Thursday as fears of a break-up of the euro zone gathered pace ahead of a key debt sale More...

Crisis in Italy Deepens, as Bond Yields Hit Record Highs

Crisis in Italy Deepens Home Secretary Roberto Maroni, left, Prime Minister Silvio Berlusconi, center, and Minister of Federal Reforms Umberto Bossi during a vote on Tuesday. ROME — Italy’s financial crisis More...

Berlusconi burlesque | Italy

Italy under IMF supervision Berlusconi burlesque FIRST Greece. Next Italy? Troubled euro-zone countries get bail-out money with conditions and strict monitoring by the International Monetary Fund (IMF). But at More...

Millions of people to become expendable next year

People to become expendable The experts of the International Labor Organization and the Organization for Economic Cooperation and Development predict that next year a number of developed and developing countries More...