Banking “Leprechauns” Steal Irish Taxpayer Money

On the eve of St. Patrick's Day, activists dressed up as leprechauns appeared in front of the Embassy of Ireland to protest Irish taxpayer money being used to pay debts of the Anglo-Irish Bank and the Irish Nationwide Building Society (Anglo/INBS).

Spain’s Jobless Unite for Solutions and Survival

Unemployed people's movements and associations in Spain are proposing alternatives to official job seeking channels, in the midst of an economic crisis that so far has left more than five million people out of work.

Frustrated by the Euro, Greece Turns to Alternative Currencies

"Watch out! The caustic soda is dangerous," shouts Rea Pigiaki, while she blends the soda with lavender to prepare her scented soaps, which are very famous in Ierapetra, a small town in Southeast Crete.

For Caribbean Bloc, It’s Adapt or Perish

More than a decade of efforts to promote closer socioeconomic cooperation among the 15 nations of the Caribbean Community are threatened by stagnant funding and a grim global financial situation, experts warned here.

Euribor Under Scrutiny by People’s Campaign in Spain

Two Spanish lawyers have launched a campaign on social networking sites to prise out information about Euribor, the reference interest rate used for calculating mortgage payments in Spain, and to draw attention to the lack of transparency surrounding the way the rate is set.

Indian Farmers Hostage to Middlemen

Agriculture experts blame the crisis faced by India’s small farmers on a highly inefficient supply chain for perishable farm produce, a situation exploited by traders and middlemen.

Q&A: “Social Unrest Can Be a Creative Force”

Social unrest and demands for change are not a negative thing during times of crisis like today, says Rubens Ricupero, a prominent Brazilian diplomat and intellectual.

Q&A: “Social Unrest Can Be a Creative Force”

Social unrest and demands for change are not a negative thing during times of crisis like today, says Rubens Ricupero, a Brazilian diplomat and thinker.

Facing Painful Cuts and Tuition Hikes, U.S. Students “Occupy Education”

Shawn Deez, a freshman in peace and conflict studies, says she thinks she knows why some classes are scheduled at the University of California, Berkeley, and some are not. It's corporate influence that makes the difference, she said.

Latin America, Testing Ground for Chinese Yuan

China is looking to Latin America to experiment with the yuan, or renminbi, to replace the dollar, taking advantage of the growth in Chinese trade and investment in this region. But because the volume is still insignificant, it is not yet clear what impact the currency will have on economies in the region.

U.S.: Obama’s 2013 Budget Slashes Aid for Working Families

The federal budget for fiscal year 2013 proposed by President Barack Obama severely cuts aid for working families by targeting at least two programmes, the Community Services Block Grant (CSBG) and Project-Based Rental Assistance (PBRA), that aid the nation's most vulnerable working families.

U.S.: Obama’s 2013 Budget Slashes Aid for Working Families

The federal budget for fiscal year 2013 proposed by President Barack Obama severely cuts aid for working families by targeting at least two programmes, the Community Services Block Grant (CSBG) and Project-Based Rental Assistance (PBRA), that aid the nation's most vulnerable working families.

SPAIN: Demonstrators Protest Bank Bailouts and Spending Cuts

Demonstrators in nearly two dozen cities in Spain raised their voices Friday to protest against the use of public funds to bail out banks while the budgets for basic services like education and health are being slashed.

ECONOMY: Sri Lankan Poor Hit by Triple Whammy

First the government devalued the Sri Lankan rupee by three percent in November. Then interest rates were hiked. And to cap that U.S. sanctions hit Iran, which meets 90 percent of this country’s oil needs.

Q&A: How to Reverse the “Feminisation of Poverty”

The phrase "financing for gender equality" may sound dry, but it lies at the heart of some of the most intractable problems faced by women around the world today – and whether the political will exists to allocate real resources to solving them or simply pay lip service.

U.S. States Grapple with Exploding Prison Populations

Budget constraints combined with exploding prison populations are prompting a number of U.S. states, including some of in the politically conservative south, to rethink their criminal codes.

ECONOMY-EU Portugal, Greece Pose Risk of Contagion

The flood of economic woes devastating Greece and Portugal are evidence that the German prescription imposed by a troika of multilateral creditors is not working, and that both countries are heading into a blind alley, says economics professor Mario Olivares.

Greeks Discover the Politics of Poverty

According to European mainstream economists and politicians, the solution to the Greek debt crisis, and the only option for returning the country to a path of progress, is 'fiscal consolidation'.

Finland Joins Call for Financial Market Tax

In the midst of the debt and financial crises plaguing key European countries, Finnish Foreign Minister Erkki Tuomioja has joined a growing international chorus calling for the introduction of a global financial market tax and the shutting down of tax havens, saying all that is needed is the political will to do it.

Latin American Migrants Flee Crisis in Spain

"What on earth is happening to Spain?" asks Hernán Bocchio, a 43-year-old Argentine architect with three children who has been unemployed for four years and is considering a job offer from Brazil.

Economic and Climate Vulnerabilities Converge in the Caribbean

Caribbean islands are doubly exposed by the convergence of weak economies heavily dependent on foreign imports and greater vulnerability to climate change, according to ECLAC Executive Director Alicia Bárcena.