Tag: economy
Educated, well-to-do Indians try out living on $2 per day
Across large swatch of the world, many people live on the local equivalent of $2 per day. It's an amount so small that it's hard for many who don't live in that kind of poverty to really imagine. So two Indians who have advanced degrees and experience from the United States tried it out and documented their experiences....
German Parliament OKs more bailout funds for Greece
As Greece continues to try and arrest its economic decline, Germany OK'd another $170 billion worth of bailout funds to keep the government operating, to prevent the country from going bankrupt and to keep Greece in the eurozone....
Obama's proposed budget cuts funding for rescuing animals, like dolphins beaching on Cape Cod
In the past five weeks, 178 dolphins have beached themselves on Cape Cod. This unprecedented behavior has strained the resources of local rescue teams responding to the situation. The rescue teams working around the clock to save the struggling mammals rely heavily on government funds to support their efforts....
Homelessness, unemployment remain as Greece again narrowly avoids default
The austerity measures that Greece agreed to in order to receive its latest round of bailout funds are likely to only prolong the misery of Greeks who find themselves without jobs and without a place to live....
Statistically, Kosovo's economy is booming — but residents can't tell
On paper, Kosovo's economy is growing faster than any other country in Europe. But that's due in large part to Kosovars living abroad and sending money to family back home. Take that out and the economy stumbles....
'Safety net' not strong enough to support America's growing homeless population
The impact of the subprime mortgage crisis and economic strain across the country has drastically increased the number of Americans living in poverty. According to the latest census data, 47 million Americans are now living below the poverty line....
Chinese delegation signs huge soybean trade agreement with the U.S.
Chinese Vice President Xi Jinping along with several Chinese leaders visiting Iowa on Feb. 15 agreed to purchase $4.31 billion worth of U.S. soybeans from Iowa farms. China is expected to sign more deals with a total record purchase of 12 million tons of soybeans this year....
Nightlife returns to Ciudad Juarez as drug violence is more contained
In Juarez, Mexico, the once-bustling nightlife had been dead for years as violence erupted in the city. But, in recent months, as police have setup checkpoints and drug violence has stabilized and perhaps even subsided, the nightlife is returning....
Greece on fire as protesters decry government's decision on austerity measures
Some 40 buildings were set ablaze as protesters in Athens, Greece, rallied in the streets to demand the government stop imposing more austerity measures on the country -- conditions that European finance ministers have insisted on in order to release the latest round of bailout funding....
Obama, states announce massive settlement with banks over foreclosure process
Economists have identified the housing crisis as one of the biggest drags on the current economic recovery. On Thursday, state and federal officials announced a settlement with the mortgage industry that will provide cash to underwater homeowners and those who lost their homes, but there's debate on whether it will jumpstart the economy....
