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Wealth of US middle class now lower than Canada’s - report
American workers who previously made up the wealthiest middle class in the world have lost that distinction, according to new research that attributes the economic stagnation on rising income inequality in the US.

22.04.2014 21:59

Puerto Rico considers legalizing marijuana and prostitution to jumpstart economy
​After suffering eight years of recession, Puerto Rico is contemplating more than a hundred different proposals intended to jumpstart its sagging economy – including legal prostitution and marijuana use.

21.04.2014 18:53

Nearly one million people relying on food handouts in UK
One of Britain’s largest food charities says that more than 900,000 people visited its food banks last year. The Wednesday report comes as 600 religious leaders urge the government to take action against the country's growing hunger problem.

16.04.2014 17:18

Italy opens bidding for Venice Island
​Italy has put an island in the Venice lagoon up for auction in order to attract international funds to help ease crippling public debt. An army barracks in Trieste and a residence in Loreto – a Catholic pilgrimage site - are among those up for bidding.

14.04.2014 17:57

‘Never on Sunday’: Greece riots over shop openings end with tear gas, clashes (PHOTOS)
Two people have been injured as Greeks rioted over the opening of shops on Sunday. Hundreds of protesters gathered in Athens’ main shopping district, resulting in clashes with riot police who tried to disperse the protesters with tear gas.

13.04.2014 11:47

Violence as thousands march in Rome against austerity (PHOTOS)
At least 80 people – both police and protesters – have been injured as street battles broke out in Rome, with rocks being flung and police deploying pepper spray. Thousands took to the street to march against austerity measures.

12.04.2014 15:53

​'Is it Europe for the banks or Europe for the people?'
Huge debt and unemployment in Greece are the result of the extreme neo-liberal policies pursued by the Troika that are just aimed at saving the banks but not the people, Kostas Isyhos, a member of the political secretariat of Syriza party, told RT.

11.04.2014 12:25

Austerity terrorism: From Kiev to NYC
Two recent events – violence on the floor of the Ukrainian parliament and the launch of a criminal trial for an Occupy Wall Street activist – are both an example of a rising trend in global politics: austerity terrorism.

09.04.2014 13:26

Hungary’s elections: Don’t be fooled by the labels
On the one side we have a government that has carried out renationalization, which has confronted the greedy foreign-owned energy companies, and presided over a rise in real wages and a fall in unemployment.

08.04.2014 12:43

UK’s healthcare system wastes over $75 million on unnecessary staff
The UK’s National Health Service (NHS) is wasting dozens of millions of public money on over 1,100 “unnecessary jobs” such as car park environmental officers and art curators, the think tank TaxPayers' Alliance (TPA) revealed.

01.04.2014 02:20

Greece passes controversial reform bill to clear next bailout tranche
More than 10,000 Greeks from a number of trade unions have protested outside the nation's Parliament as the legislative body narrowly approved an omnibus law of reforms needed for the country to receive next tranche of EU-IMF bailout.

31.03.2014 00:41

Student loan debts top $1 trln in US
The student loan industry is booming, saddling over 37 million college students and graduates with $1.08 trillion in loans in 2013, even as President Barack Obama and lawmakers work to rein in the crippling debt young people face in the US.

28.03.2014 19:15

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