(Reuters) – In this small Icelandic village, sailors are making double their pre-crisis pay, haddock sales to places like Boston and Brussels are booming and unemployment is almost zero – signs of this island’s...
A series of explosions rocked the Ukrainian city of Dnipropetrovsk on Friday injuring dozens, at least three seriously. Authorities spoke of a terrorist attack but it remains unclear who might be responsible. The blasts...
Spanish unemployment has hit a new record high, official figures have shown. The number of unemployed people reached 5,639,500 at the end of March, with the unemployment rate hitting 24.4%, the national statistics agency...
(multimedia) The opposition fighters in Syria might be getting help from a different source – in the form of training from the US private security firm, formerly known as the notorious Blackwater group. Security...
(multimedia) Recession is back- in the UK. Official figures for the first quarter show the UK has fallen back into recession – making it the first double dip recession in the country since the...
The UK economy has returned to recession, after shrinking by 0.2% in the first three months of 2012. A sharp fall in construction output was behind the surprise contraction, the Office for National Statistics said....
German Chancellor Angela Merkel said balanced budgets are the best answer to the debt crisis, rebuffing French Socialist presidential candidate Francois Hollande’s campaign pledge to reverse Europe’s austerity drive. As Europe’s two largest economies head toward potential...
PARIS — France’s Muslim community is mobilizing voters to reject President Nicolas Sarkozy in Sunday’s election to punish the conservative leader for his anti-immigrant and anti-Islam rhetoric. “[French] Muslims can’t stand it anymore. They are fed up with these debates about...
The European Parliament passed a resolution condemning Argentina’s nationalisation of YPF and called for a partial suspension of tariffs that benefit exports from the South American country to the EU. The EU assembly branded...
Warm weather and widespread petrol panic helped drive the biggest increase in British retail sales in more than a year in March, raising chances that recovering consumer spending may have helped the economy to...
