World stock markets have tumbled on Monday, June 29, 2015 after Greece failed to reach a deal with its foreign creditors over the weekend and imposed new strict measures to deal with their debt crisis.Just before 01:00 UTC on June 29, Greek government closed all country
The small eastern European nation of Croatia has decided to let Christmas come early for its poorest citizens: Under a new initiative aimed at giving them a fresh start, the government is wiping out their debts, leaving some observers to relate the move to an ancient Bi
One of the men that won the Nobel Prize for economics this year says that "bubbles look like this" and that he is "most worried about the boom in the U.S. stock market." But you don't have to be a Nobel Prize winner to see what is
The unlucky Friday the 13th is one of the most well-recognized superstitions in the Western world. This tradition is over 700 years old and has a very interesting origin.During the 12th century there was a massive religious war that consumed most of Europe and
Problem, reaction, solution.In search for end of economic crisis the EU leaders reached an agreement and signed a Treaty establishing European stability mechanism (ESM). Critics say the ESM resembles an enabling act, because it severely confines the economic
It’s Monday morning and everyone is nervous about what will come this week from Europe and the United States. Japan is quietly being dragged down by the radiation disaster as well as by her debt but on both sides of the Atlantic things are exceedingly noisy. The heart
