Bank debt crisis has reached point where governments need to move decisively, Europe's central banker says. Fears of government defaults have spread to markets and fears about bank debt and funding.
Former Godfather's Pizza CEO Herman Cain (r.) talks with Samuel Joseph 'Joe the Plumber' Wurzelbacher, who made news during the 2008 presidential campaign when he asked Barack Obama about taxes, before speaking at a tea party rally at the Statehouse in Des Moines, Iowa, on April 16. Mr. Wurzelbacher has filed papers to run for Congress in his home state of Ohio.
If Occupy Wall Street coalesces into something like a real movement, the Democratic Party may have more difficulty digesting it than the GOP has had with the Tea Party.
Yulia Tymoshenko, the Ukrainian opposition leader, was sentenced to seven years in prison for 'criminal abuse' during her term as prime minister, though critics say the trial was politically motivated.
An engineer says microloans and cooking oil can make over a fleet of old jeepney buses, and a city in the Philippines is ready to jump on board.
Egypt's Finance Minister Hazem el-Beblawi resigned Tuesday, leaving Egypt's finances on an uncertain path.
Oil prices rebound on positive moves from Europe after dipping to 12-month lows. Lower oil prices had caused US gasoline prices to drop 27 cents in a month.
Either Europe develops into a political union or it moves backward as a continent of nation-states that have neither political nor economic clout – surpassed by China and other emerging nations.