personal finance

Global Politics

Microinsurance grows in Colombia

Some insurance companies are offering microinsurance for the poor, especially for health matters, meant to protect the poor against financial disasters caused by illness, death or crop failure. Reporter John Otis has the story from Barranquilla, Colombia.

Business, Finance & Economics

Overseas bailout

As the U.S. bailout plan stumbles on Capitol Hill, European banks are suffering from their exposure to the U.S. crisis. The World's Laura Lynch reports that governments in Europe have had to intervene with bailouts of their own.

Business, Finance & Economics

Geo Quiz / Geo Answer

The "Organisation for Economic Cooperation and Development" or OECD released a "blacklist" of global tax havens at yesterday's G20 summit in London. The Philippines, Uruguay, and Costa Rica were listed as three of the four worst offenders. For today's Geo Quiz, we're looking for the fourth. The answer is the Malaysian federal territory of Labuan.

Global Politics

Argentina's bailout

Argentina's President (Cristina Fern-ndez de Kirchner) this week announced plans to nationalize the country's private pension funds. Some see it it as a reasonable move in times of a financial crisis.