Tag: Recession
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Italy: “A political horror show”
Marcello Di Finizio: “Stop this massacre! Help us Pope Francis” ROME – May 20, 2013, a man climb onto a ledge of the St-Peter’s Basilica to protest against austerity measures. May 2o 2013, Marcello Di Finizio climbs onto a ledge on the dome of St Peter’s Basilica and unfurls a banner protesting against a “political…
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Growing Your Box
It is within our means not to just survive a recession, but actually thrive in one. The first step in keeping control is going back to the fundamentals, self-management discipline, and keeping a positive mindset. The next business activity to master is your Sales and Marketing. The first thing you need to change in your…
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Greece deal uncertain as violence erupts
ATHENS, Greece – Greece’s future in the euro is growing increasingly precarious as violence erupts on the streets of Athens during a general strike. Thousands of people marched through the streets to protest the cuts, which include a 22% drop in the minimum wage at time when the unemployment rate is over 20% and the…
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As Predicted: Unrest Flares on Streets of Athens
BY ALKMAN GRANITSAS, ANDREA THOMAS AND NEKTARIA STAMOULI ATHENS—Clashes broke out in central Athens Friday as Greece’s major unions launched a 48-hour nationwide strike to protest new austerity measures demanded by the country’s creditors, adding to social tension in a country now in its fifth year of economic recession. Hundreds of hooded youths in the…
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Toward a new Worldwide Economic Crisis
For years, the successive governments of Greece like many others governments of the world today, have been spending money they didn’t have. As a result, the country ran up a massive deficit, reaching an estimated 13.6% by 2010. To deal with it, Greece started to misreport its official financial statistics and actually paid hundreds of…
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