Tag: economy
Toronto's economy is booming, and its housing market is booming right along with it. The city has an enormously large number of sky-rise buildings under construction, and many of them hardly get finished before they're purchased — usually for top dollar. All that has some wondering if Toronto might be heading for an American-style housing bubble....
The Partnership for a New American Economy, a group of bipartisan mayors from across the country, released a report Tuesday that showed immigrants in the United States with degrees increase job opportunities for native citizens. However, current policy in the United States can make it difficult for foreign-born workers to establish themselves in the American workforce....
If you work in the natural resources industry, or happen to know how to pilot a fighter jet, Australia wants you. They're offering hundreds of thousands of dollars a year in pay, multi-year or even permanent work visas and they're taking their show on the world to attract applicants....
As Greece tries to get its political and financial house in order, the return of the drachma seems ever more possible. But that might not be the salve some Greek leaders want it to be. The consequences for Greece could quickly spiral beyond their control....
Greek hospitals have been accused of threatening not to release babies after they're born, unless their parents pay the bill for the delivery. Others are accused of withholding birth certificates. All of this because the Greek budget crisis has eroded health insurance coverage and hospital budget cuts....
In Greece, the government is moving to another round of elections after the latest round produced no viable government. Meanwhile, economists are worried that the instability between now and then could cause economic havoc, not the least of which is Greeks who are pulling their savings out of Greek banks in fears that a default could cost them their life savings....
As Europe digests the results of recent elections, there's a growing sense that decisions made there today could land in the United States in the heart of the election season. That could be a deciding factor in whether Mitt Romney or Barack Obama are chosen to serve the next four-year term as President of the United States....
An Italian museum is the highest profile examples of European artists protesting budget cuts by burning their art. At the Casoria Contemporary Art Museum, director Antonio Manfredi has promised to burn three pieces per week until his funding is improved. He's already burned some pieces, so he's not bluffing....
Portugal's former colony, Brazil has a booming, growing economy. By comparison, Portugal's economy is moribund. As the highly educated younger generations struggle to find work, many are leaving and heading to Brazil. In Brazil, the need to prepare for upcoming international events and the growing economy provide many opportunities....
A report released Friday showed unemployment is Spain has reached 24.4 percent. Over 5.5 million Spaniards are jobless. As the recession deepens, more Spaniards have turned to scavenging for food to supplement their budgets.
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