Economy

Spanish economy stalls in third quarter (AFP)

November 17th, 2010

A sign reading in Spanish AFP - Spain’s timid economic recovery stalled in the third quarter amid tough austerity measures, official data showed on Wednesday.


Tags: Economy, stalls, quarter, Spanish, Third

US terror warning could hurt Europe’s economy (AP)

October 3rd, 2010

Police officers patrol through the crowd at the Oktoberfest beer festival in Munich, southern Germany, Sunday, Oct. 3, 2010. The Obama administration is warning Americans about potential terrorist threats in Europe and urging U.S. citizens to be extra vigilant when they're in public places such as tourist spots and transportation hubs. The State Department on Sunday came out with a travel alert for Europe that advises U.S. citizens living or traveling there to take more precautions about their personal security.  (AP Photo/Matthias Schrader)AP - A rare advisory for U.S. travelers to beware of potential terrorist threats in Europe drew American shrugs Sunday from Paris to Rome, but tourism officials worried that it…

Greek protesters to confront government on economy (AP)

September 11th, 2010

Coast guards lock the gate of the harbor as riot police take positions during a protest  in Thessaloniki, Greece Friday Sept. 10, 2010. Unions are staging protests in Thessaloniki ahead of an annual weekend speech on the state of the economy by Prime Minister George Papandreou. Unions are angry at plans by Papandreou's Socialist government to sell-off and reform loss-making state enterprises and relax labor rules as part of an effort deal with Greece's acute debt crisis. (AP Photo/Dimitri Messinis)AP - Greek unions are planning protest marches in the northern city of Thessaloniki against the debt-plagued country’s harsh austerity program, before Prime Minister George Papandreou’s keynote speech on the…

Castro says he was misinterpreted on Cuban economy (AP)

September 10th, 2010

FILE - An Aug. 23, 2010 file photo provided by the state media Cubadebate web site shows Fidel Castro at a meeting with scientists in Havana, Cuba,  Castro told a visiting American journalist that Cuba's communist economic model doesn't work. (AP Photo/Cubadebate/file)AP - Fidel Castro says his comments about Cuba’s communist economic model were misinterpreted by a visiting American journalist.


Tags: misinterpreted, Economy, fidel castro, Cuban, Castro, says

Afghanistan: Run on Kabul Bank Shakes a Fragile Economy (Time.com)

September 6th, 2010

Time.com - The government insists there is no reason for anxiety but the depositors outside Afghanistan’s largest bank are implacable. They want their money back

Tags: Economy, Afghanistan, bank, Time.com, shakes,…

Calderon: Mexico shows gains in security, economy (AP)

September 2nd, 2010

Mexico's Interior Secretary Jose Francisco Blake, right, hands the government's annual state of the nation report to Lower House President Francisco Ramirez Acuna at Congress in Mexico City, Wednesday Sept. 1, 2010. Mexico's President Felipe Calderon will give his annual state of the nation address on Thursday.  (AP Photo/Marco Ugarte)AP - President Felipe Calderon delivered his latest “state of the nation” report to Congress on Wednesday, saying Mexico has made gains in security and is enjoying its strongest economic…

Pakistan’s Floods May Sink the Economy and the President (Time.com)

August 17th, 2010

Time.com - The catastrophic floods have damaged the agricultural center and set up an already unpopular president for more political attacks

Tags: Floods, president, Sink, Pakistan’s, Economy, Time.com

China overtakes Japan in 2Q as No. 2 economy (AP)

August 16th, 2010

FILE - In this Aug. 5, 2010, file photo, Chinese workers rest during their lunch break at an under construction highway in Tianjin, China. Japan lost its place to China as the world's No. 2 economy in the second quarter as receding global growth sapped momentum and stunted a shaky recovery. Gross domestic product grew at an annualized rate of just 0.4 percent, the government said Monday Aug. 16, 2010, far below expectations of 2.3 percent growth in a Kyodo news agency survey. (AP Photo/Andy Wong, File)AP - Japan lost its place as the world’s No. 2 economy to China in the second quarter as receding global growth sapped momentum and stunted a shaky recovery.


Tags: overtakes,…

Gloomy economy dampens mood at Pamplona bull run (AP)

July 6th, 2010

FILE-- In this file photo from  July 12, 2009, Spanish bullfighter Joselillo performs with a Miura ranch fighting bull during a bullfight at the San Fermin festival in Pamplona, northern Spain. Hordes of humans are gearing up to sprint just ahead of thundering beasts in this city's historic old quarter, but Spain's famed running of the bulls is overshadowed this year by a vote to ban bullfighting in a populous province and a debt crisis forcing villages nationwide to cancel subsidized pueblo parties known for their wine, food, live music and bullfights.  (AP Photo/Daniel Ochoa de Olza, File)AP - Hordes of humans will sprint ahead of thundering beasts this week at Pamplona’s famed running of the bulls, but Spain’s most storied fiesta is being overshadowed by a…

Yuan gains but China warns it won’t fix economy (AP)

June 21st, 2010

A Chinese clerk counts renminbi banknotes at a bank outlet in Hefei in central China's Anhui province, Sunday, June 20, 2010. China's central bank said Sunday it would maintain a stable exchange rate and didn't anticipate major changes in the value of the yuan, a day after saying it would manage the currency more flexibly. (AP Photo) ** CHINA OUT **AP - China followed through Monday on its pledge to allow greater flexibility in exchange rates, but said an appreciation in its currency alone could not rebalance world growth as…