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US Stocks Advance in Early Friday Trading

Posted October 21st, 2011 at 10:25 am (UTC-5)
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U.S. stock indexes are up in early trading Friday. The Dow Jones Industrial Average and the S&P 500 index are both ahead 1.4 percent, while the NASDAQ composite index is up 1.2 percent. Stocks are up sharply in afternoon trading in Europe. London’s Financial Times index is up 1.4 percent, while the CAC-40 in Paris […]

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European Finance Chiefs Meet on Debt Crisis

Posted October 21st, 2011 at 9:50 am (UTC-5)
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Europe’s finance ministers are gathering in Brussels in another attempt to settle differences about how to handle the continent’s burgeoning debt crisis. The finance chiefs of the 17 countries that use the euro are meeting Friday to prepare for two summits of the continent’s leaders in the coming week. The European heads of state are […]

Tags: , , , Posted in Economy, Europe

Greek Parliament Adopts Austerity Plan After a Day of Protests

Posted October 20th, 2011 at 5:20 pm (UTC-5)
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The Greek Parliament adopted new austerity measures Thursday to satisfy its international creditors after a day of violent street protests against the government’s latest move to boost taxes and cut wages. All but one of the ruling Socialist lawmakers voted for the budget-cutting plan. The vote virtually ensures that Greece will secure an $11 billion […]

Tags: , , , Posted in Europe

Greek Parliament Adopts Austerity Plan After a Day of Protests

Posted October 20th, 2011 at 3:25 pm (UTC-5)
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The Greek Parliament adopted new austerity measures Thursday to satisfy its international creditors after a day of violent street protests against the government’s latest move to boost taxes and cut wages. All but one of the ruling Socialist lawmakers voted for the budget-cutting plan. The vote virtually ensures that Greece will secure an $11 billion […]

Tags: , , , Posted in Europe

Greek Police, Protesters Clash Ahead of Austerity Vote

Posted October 20th, 2011 at 1:40 pm (UTC-5)
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Anti-austerity protests in Athens turned violent Thursday as the Greek parliament prepared to adopt a budget-cutting plan aimed at securing more bailout funds for the government to avoid a default. At least 50,000 mostly peaceful, anti-austerity protesters gathered in Syntagma square outside parliament on the second day of a nationwide general strike that has idled […]

Tags: , , , Posted in Europe

Greek Police, Protesters Clash Ahead of Austerity Vote

Posted October 20th, 2011 at 12:20 pm (UTC-5)
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Anti-austerity protests in Athens turned violent Thursday as the Greek parliament prepared to adopt a budget-cutting plan aimed at securing more bailout funds for the government to avoid a default. At least 50,000 mostly peaceful, anti-austerity protesters gathered in Syntagma square outside parliament on the second day of a nationwide general strike that has idled […]

Tags: , , , Posted in Economy, Europe

Greek Police Clash with Protesters Ahead of Austerity Vote

Posted October 20th, 2011 at 9:55 am (UTC-5)
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Greek police fired tear gas at protesters again on Thursday in Athens as the parliament prepared for a final vote on new austerity measures needed to secure more bailout funds for the government to avoid a default. At least 50,000 mostly peaceful, anti-austerity protesters gathered in Syntagma square outside parliament on the second day of […]

Tags: , , , Posted in Europe

Greek Police, Anti-Austerity Protesters Clash in Athens

Posted October 19th, 2011 at 3:20 pm (UTC-5)
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Demonstrators protesting Greece’s latest austerity measures clashed with riot police Wednesday in Athens, as tens of thousands of workers massed on Greek streets for a two-day general strike. The Athens protesters hurled rocks and fire bombs at police on Syntagma Square outside Parliament, with police countering with bursts of tear gas and stun grenades. A […]

Tags: , , , Posted in Economy

Greek Police, Anti-Austerity Protesters Clash in Athens

Posted October 19th, 2011 at 1:05 pm (UTC-5)
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Demonstrators protesting Greece’s latest austerity measures clashed with riot police Wednesday in Athens, as tens of thousands of workers massed on Greek streets for a two-day general strike. The Athens protesters hurled rocks and fire bombs at police on Syntagma Square outside Parliament, with police countering with bursts of tear gas and stun grenades. A […]

Tags: , , , Posted in Economy, Europe

Greek Police, Anti-Austerity Protesters Clash in Athens

Posted October 19th, 2011 at 11:35 am (UTC-5)
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Demonstrators protesting Greece’s latest austerity measures clashed with riot police Wednesday in Athens, as tens of thousands of workers massed on Greek streets for a two-day general strike. The Athens protesters hurled rocks and fire bombs at police on Syntagma Square outside Parliament, with police countering with bursts of tear gas and stun grenades. A […]

Tags: , , , Posted in Economy

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