Today “To outpace the UKIP, Cameron may reject EU membership. But UK economic problems are continental.”
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Italy’s Lombardian cross

News in Europe

Presseurop.eu | By Marc Semo | As the most populated and wealthy region in the country, Lombardy will play a key role in the outcome of the Italian legislative elections scheduled for February 24 and 25. However, troubled by the lack of ethics among politicians, the region’s all-important Catholic vote is more undecided than ever.

World economy

Show me the money: it’s voting time!

Mark Twain said once that The White House was the “best Congress money can buy.” In this battered economy, while millions of Americans are tightnening their belts, this presidential election is expected to be the priciest in U.S. history. Make a guess: how much do you think it will cost? The predictions by the Center [...]

World economy

America’s economic unhappiness

Two thirds of Americans feel suspicious or skeptical about their country’s economic situation. According to a Gallup poll, only 23 percent said they were satisfied with the way things are going in the United States, down from a 28 percent satisfaction rate last month. Three months before the presidential elections, figures and sondages are multiplying. [...]

World economy

Paul Ryan, the man who wants to avoid “European sclerosis”

Interested in the world’s economy? There’s somebody you should meet. He doesn’t have an outstanding experience in the private sector but is determined to drastically cut U.S. government spending, boost market flexibility and avoid the “clouds” that are coming from Europe. If Republicans make it to the White House in november, Congressman Paul Ryan, Mitt [...]

World economy

How close is Washington from a fiscal cliff?

After months focused on the eurodrama, markets are starting to care more about the so-called fiscal cliff, a popular shorthand term used to describe the situation that Washington will face at the end of this year. Bush tax cuts are set to expire unless Republicans and Democrats agree on how to extend them and who [...]

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World economy

U.S. elections: the race to seduce Latinos

NEW YORK | Without Latinos the access to the White House in November is not guaranteed. They are 55 million Hispanic citizens in the U.S, according to the census, but they are more likely than other minorities to stay home on Election Day. Five months before the polls, both Republicans and Democrats are desperately struggling [...]

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World economy

Obama is waiting anxiously for the jobs’ boost

NEW YORK | U.S. investors are looking forward to this Thursday’s jobless claims figures after the pretty lame monthly jobs report last week. Wall Street needs a sweetener, otherwise investors will keep on the sidelines of the stockmarkets. Only a better than expected (366,000 new jobless claims) figure could boost U.S. market and economical confidence. [...]

Traders work on the floor of the New York Stock Exchange
Financial markets

Wall Street worries about European anti-austerity votes

NEW YORK | Restless and suspicious. That is how Wall Street seems to be feeling after France and Greece’s pushback against austerity measures. U.S. stock futures fell on Monday, while Treasuries gained. Investors wonder whether the stimulus advocated will derail bailout deals. And what will happen now that the Sarkozy-Merkel tandem is broken and the Greek [...]

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World economy

Federal government benefits for 46 million Americans

NEW YORK | One in seven Americans gets help from the federal government to feed themselves and their families. That is 46 million people, many of whom didn’t need help before the crisis. The current situation now leaves them no choice: their business collapsed, they were part of a company that filed for bankruptcy, they lost [...]

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World economy

Super PAC’s: Incredibly loud, extremely powerful

NEW YORK | They call it Obama’s reluctant blessing: the US president has given top bundlers the green light to raise cash for the political organization that supports him, Priorities USA Action. Barack Obama was an outspoken critic of the 2010 Supreme Court’s decision that allowed these so called super Political Action Committees (Super PAC’s) [...]