The Real Cost of Preparing for a Blizzard
This year’s mild winter makes the snow-a-thons of recent years seem a quaint memory. It’s hard to believe that just two winters ago, 70 inches of snow fell on Washington, D.C., forcing the government...
Category: Currency
Eurozone nations face S&P downgrade
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Nigeria protests rage as calls for accountability grow
Lagos, Nigeria (CNN) — Protests that started over a scrapped fuel subsidy expanded into an outcry against the government’s shortcomings as throngs of Nigerians of all classes took to the streets for a fourth...
Growing wealth divide puts globalization at risk
(Reuters) – A backlash against rising inequality – evident from the Occupy movement to the Arab Spring – risks derailing the advance of globalization and represents a threat to economies worldwide, according to the...
Scotland must run independence vote
LONDON — Scottish leader Alex Salmond clashed with the British government Wednesday by insisting that the people of Scotland should set the terms of a referendum on independence, not British politicians. British Prime Minister...
USDA Plan to Close Hundreds of Offices Raises Safety Concerns
DES MOINES, IOWA – The U.S. Agriculture Department announced Monday it will close nearly 260 offices nationwide, a move that won praise for cutting costs but raised concerns about the possible effect on food...
EU, Japan prepare for Iran oil embargo
(Reuters) – Europe and Japan moved ahead on Tuesday in planning for punitive cuts in oil imports from Iran, where a senior official dismissed Western anger at news Tehran is enriching uranium deep underground...
The Greek parents too poor to care for their children
Greece’s financial crisis has made some families so desperate they are giving up the most precious thing of all – their children. One morning a few weeks before Christmas a kindergarten teacher in Athens...
For euro zone, the heat is on again
(Reuters) – The euro zone crisis seemed to vanish from the headlines for a brief moment as 2011 ticked over into 2012, but it is about to return with a vengeance. The coming months...
Global economy could endure disaster for a week
(Reuters) – The global economy could withstand widespread disruption from a natural disaster or attack by militants for only a week as governments and businesses are not sufficiently prepared to deal with unexpected events,...
