Madagascar hopes post-coup presidential vote will end crisisPoverty-wracked Madagascar began voting Friday in long-delayed presidential elections meant to restore democracy and pull the country out of the crisis it plunged into after a 2009 coup.
White House offers over $300 mn for bankrupt DetroitThe White House offered more than $300 million in aid and support to bankrupt Detroit on Friday, as the crumbling, bankrupt Midwestern city struggles to survive.
29 September 2013
US bailout 5 years ago avoided catastrophe: TreasuryThe US Treasury said Wednesday the government's massive response to the economic crisis five years ago paid off, avoiding a catastrophic breakdown of the financial system.
US Federal Reserve faces changeover in midstream There's never a good time to change the head of the US central bank, according to Ethan Harris, who wrote "Ben Bernanke's Fed" about the chairman of the Federal Reserve.
Chaos as huge fire guts Nairobi airport A devastating fire shut down Nairobi's international airport for much of Wednesday in a "major crisis" that forced the cancellation or diversion of scores of flights at east Africa's biggest transport hub.
08 August 2013
US, EU spearhead fresh drive to defuse Egypt crisis A fresh round of intense diplomatic efforts was underway in Egypt to broker a peaceful end to the crisis sparked by the military's overthrow of Islamist president Mohamed Morsi.
06 August 2013
EU's Ashton visit ends, but Egypt crisis persists EU foreign policy chief Catherine Ashton left Egypt Tuesday after a mediation trip that included talks with the ousted president, but the country's crisis appeared no closer to a resolution.
31 July 2013
Ban warns Egyptian leaders over demonstration deaths UN leader Ban Ki-moon warned Egypt's interim leadership on Sunday that every death in demonstrations is making it harder to drag the country out of its crisis.
29 July 2013
EU leaders meet as doubts grow over future EU leaders meet this week knowing they have to deliver growth and jobs, especially for the young, as years of debt crisis austerity and soaring dole queues test faith in the European project.
25 June 2013
Greece faces general strike amid fury over state TV closure Greek unions plan a 24-hour general strike Thursday, amid a storm of protest over the government's decision to shut down public broadcaster ERT as part of sweeping cost-cutting measures.
Tod's shoes turns from Italy to beat crisis Custom-made shoe moulds hanging in a sun-filled workshop are the secret behind the success of luxury Italian shoemaker Tod's, which is flourishing despite a recession-hit economy.
11 June 2013
Portugal 'should leave euro': best-selling economist A Portuguese economist, whose book "Why We Should Leave the Euro" has become a rapid best-seller, says it is only a matter of time until his crisis-wracked country leaves the troubled currency.
04 June 2013
Brussels expected to up pressure for economic reformThe European Commission is expected on Wednesday to increase the pressure on several countries, particularly France, to speed up structural reforms seen as the only reliable way to boost growth and job creation.