Tag: economy

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As Spain's economy sags, professionals look abroad for work

There's a burgeoning Spanish population in Germany and they're not going for the change in climate. As Spain's unemployment rate hovers around 23 percent, Germany's 4 percent rate is luring many of Spain's most educated to jobs outside their native land....
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Historic Milwaukee bank caters to newly arrived immigrants

Mitchell Bank open more than 100 years ago, to serve the Polish and German immigrants on Milwaukee's south side. Over time, though, the Poles and Germans moved out and the bank stayed — to serve the area's new Latino population. And the bank has thrived....
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As Gingrich presses, fiction becomes fact on food stamp debate

Newt Gingrich has taken to calling President Barack Obama "the food stamp president." But in terms of his rhetoric, some of the statements aren't quite accurate, a social welfare professor said....
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Hungary's youth fleeing tough economy, increased authoritarianism

As Hungary implements a new constitution, which many say chips away at the country's democratic freedoms, and the country's economy continues to lurch along, many young Hungarians are choosing to look for work anywhere but in Hungary....
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As wealthy invest in urban properties, middle class being priced out in some areas

For the wealthiest global citizens, the investment of choice is increasingly becoming real estate in the most desirable areas of the world's largest cities. In London, for example, home prices are skyrocketing, and it's pushing many of the middle class to a point where home ownership is unthinkable....
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Minister suggests honoring Martin Luther King Jr. by addressing structural poverty

Rather than visiting the Martin Luther King Jr. statue on the National Mall or tuning into the NBA basketball game tonight honoring King, Rev. William Lamar suggests we should be looking for ways to address poverty in America....
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Detroit auto show showcases American car manufacturers on road to recovery

As car manufacturers gather in Detroit for the North American International Auto Show, the definite focus is on the remarkable recovery the American automakers have made in the past couple years....
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Capitalism brings an unwelcome focus on how much life costs, some Russians say

During the Soviet era, many Russians say they didn't really worry about how much things cost. Choices weren't abundant so you made do with what you could get. And things were cheaper....
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Nigeria grinds to a halt as general strike enters day two

Nigeria's government is trying once more to eliminate its fuel subsidy, sending gasoline, heating and cooking oil prices skyrocketing. In response, workers have called an indefinite, general strike and demanded the government back down....
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Hungarians turning to music to protest government clamp down on freedom

In music and in videos, in addition to on the streets, Hungarians are registering their outrage as their conservative government tightens regulations and pulls back on some of the freedoms that mark a democracy....
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