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Eyes on the U.S.

After Europe, The US Now Facing Plague Of Youth Unemployment

Even Ivy League graduates have to settle for serial internships.

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Ideas

Rome Burns – Will Italy’s Debt And Broken Politics Take Europe Down, Too?

A Belgium perspective on the urgent risks that Italy’s economic implosion will spread. France could be next.

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Economy

Wealth Divide: Zeroing In On The ‘One Percent’ Of Chile

The Occupy Movement began on Wall Street by the so-called 99% shut out from economic growth. But Latin America’s income gap mirrors the U.S. In Chile, it is particularly extreme.

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Economy

U.S. House OKs Fiscal Cliff Deal, Global Markets Surge

WALL STREET JOURNAL, CNN, BLOOMBERG (USA), REUTERS Worldcrunch WASHINGTON – The House of Representatives has approved a Senate bill to avoid the American and global economy facing the dreaded consequences of the so-called “fiscal cliff” of automatic tax hikes and spending cuts across the United States. Hailed as a victory for President Barack Obama, the […]

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Economy

What’s Wrong With Europe? A Chinese Observer Answers: France

Lately, it seems like the whole world is finding fault with the French. Ratings agency Moody has downgraded France and the International Monetary Fund, the Organization for Economic Cooperation and Development, and the European Commission have all acknowledged that the country needs to undertake critical economic reforms to avoid decline. The so-called “Five Wise Men” […]

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Economy

Brazil’s Economy Chugs On, But Debt Worries Start To Surface

RIO DE JANEIRO – Felsberg Abogados’ studies of business law in Brazil are not only well-respected, but are often seen as a very real barometer of the health of the country’s economy. And Thomas Felsberg, the company’s founder, has been observing a unsettling trend since July: a steady increase in the number of companies seeking […]

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Eyes on the U.S.

When The Middle Class Decides: The Economics Of Obama vs. Romney

NEW YORK – In the focus groups he organizes to understand American voters, Democratic Party pollster Stan Greenberg says lately participants have actually broken down emotionally when answering questions about their lives. “Three-quarters of the population are struggling. Families are overwhelmed, salaries have decreased by 20% and health benefits are falling,” Greenberg, co-author of the […]

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Economy

Greece Asks For More Time To Implement Cuts

BILD (Germany), CHANNEL 4 NEWS(UK), ATHENS NEWS (Greece) Worldcrunch Greek Prime Minister Antonis Samaras is meeting with eurogroup leader Jean-Claude Juncker in Athens on Wednesday, after asking “more time for cuts” in an interview with German publication Bild. Mr. Samaras rejected the possibility of an exit from the euro zone and a return to the […]

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Society

Senior Squatters Launch *Occupy Your Social Club* Movement

BERLIN – In the posh, lush Pankow neighborhood of East Berlin, nothing indicates that people are squatting the Kunterbunt house. Everything is orderly in the small brownish building, a legacy of the former German Democratic Republic (GDR). There are flower bouquets on the tables and water paintings of landscapes hanging on the walls. Yet Doris, […]

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