The financial leadership of the G20 countries say they want to generate $2 trillion of extra output over the next five years, providing tens of millions new jobs. It's the first time the G20 has put a figure on growth plans.
The Royal Bank of Scotland (RBS) is expected to axe at least 30,000 jobs, mostly by offloading parts of its international business, and withdrawing from risky investment banking. The cost-cutting measures come as part of a massive restructuring plan.
Spain's public debt is on its way to surpass total annual economic output, as it reached 93.7 percent of the country’s GDP in 2013. It stood at $1.317 trillion, which is three times as much as at the start of the crisis in 2008.
Switzerland has refused to sign a protracted deal with Croatia, initially agreed over a year ago, which would have given Croatians unrestricted access to the Swiss employment market. The Swiss say it’s not viable “in its current form”.
Greeks are furious that European banks are pocketing the bailout money, while some feel their government should have left the euro rather than enduring all this austerity, and devalue the currency, journalist and author Robert Harneis told RT.
Switzerland’s decision to curb the flow of EU migrants and secure its borders has sparked a fierce discussion over the country’s future relationship with the bloc. MEPs Jo Leinen and Paul Nuttall debated their viewpoints on RT.
The only FTSE 100 woman chairman has urged employers to allow women to take up to six years off to focus on raising their families. She says retaining the best staff is cheaper than training new recruits.
At least 150 people were injured, as protesters across the former Yugoslav republic of Bosnia rebel against corruption, joblessness and political stagnation. Scuffles have reached the presidential residency, resulting in the use of water cannon.