France's new president, Francois Hollande, has just announced a raft of tax hikes on big companies and the rich. The measures are proving popular among ordinary Frenchmen, but business leaders and the wealthy say squeezing them will hurt everyone.
The conservative pro-bailout New Democracy Party won the elections, but must try to forge a coalition with at least one left-leaning party in order to govern. New Democracy wants Greece to stick to its international agreements, but will ask for more time.
Greeks go to the polls on June 17th with the financial crisis weighing heavily on them. Some are finding hope in a left-wing coalition called Syriza. But others question whether the party, and it's young leader, are fit to govern.
Small US airports just south of the Canadian border are doing very well right now. That's because Canadians are driving to the US to take advantage of the much lower costs flights out of American airports.
A day after European leaders met to try to come up with a new answer to Greece's economic troubles, critics say the leaders are still failing to offer any real solutions to the debt crisis - and time is running out.
Greece is inching closer to its second bailout after it managed to win a crucial debt swap, European leaders have said. Anchor Marco Werman gets the latest on the Greek debt crisis from The World's Clark Boyd.
The winner of Japan's national elections, the Democratic Party, is promising to revive the nation's economy. It also has challenges with an aging Japan. Anchor Marco Werman speaks with Len Schoppa, professor of politics at the University of Virginia
President Obama's stimulus plan includes billions to help jump-start a new network of high-speed trains. But the future of rail is already a reality in other parts of the world, including Japan, China and as Kathleen Schalch reports, the European Union.
French President Nicholas Sarkozy wants to impose a carbon tax on households and businesses that emit greenhouse gases. But the French say they feel too taxed already. Anchor Marco Werman finds out more from Guillaume Debre of the French TV Channel TF-1.
It's been just about a year since the start of the global economic crisis, and China's doing better than most. Today, China's premier said the country's economy experienced 7 % growth since the start of 2009. The World's Mary Kay Magistad reports.
For today's Geo Quiz we were looking for an island nation in the Indian Ocean with a sinking economy, one that's literally in danger of going under due to rising sea levels. The answer is the Maldives.
The World's Aaron Schachter reports that authorities have charged the country's largest media group with tax evasion. Some critics say it's a brazen attempt to stifle Turkey's media others say the media moguls are getting what they deserve.