Global Economy
- Socialist leader urges vote for austerity measures
(AP)
AP - Lawmakers from two parties backing Greece's coalition government are meeting to consider support for legislation containing new austerity measures in the wake of six resignations from the cabinet and the withdrawal of a small right-wing party from the coalition. - Greece warns bailout rebels of unknown, dangerous path
(Reuters)
Reuters - The Greek government told rebellious lawmakers on Saturday to back a deeply unpopular EU/IMF rescue in parliament or send the nation down an unknown, dangerous path to default and international economic isolation. - Factbox: Greek austerity and reform measures
(Reuters)
Reuters - The Greek cabinet approved late on Friday a draft law setting out the tough reform and austerity program it needs to take as the price of a new EU/IMF bailout. - Spain approves crucial labor market reforms
(AP)
AP - Spain's new conservative government approved sweeping labor market reforms on Friday as part of a drive to revive a sick economy and solve Europe's worst unemployment nightmare. - Portugal watches Greek debt drama with foreboding
(Reuters)
Reuters - Portugal's economy will shrink as much as Greece's this year, according to IMF projections. The two will have identical current account deficits and the red ink in Portugal's budget will be almost as deep as in Greece's. - Summary Box: Portugal wins German bailout support
(AP)
AP - SHOW OF SUPPORT: German Finance Minister Wolfgang Schaeuble told his Portuguese counterpart that Berlin is ready to support possible changes to Portugal's bailout program. - Summary Box: China trade slows more than expected
(AP)
AP - TRADING DOWN: China's trade data in January showed the biggest drop since 2008. Exports fell 0.5 percent from a year earlier to $149.9 billion. Imports were down 15 percent at $122.7 billion. The politically sensitive global trade surplus tripled to $27.3 billion. - Greek deal uncertainty slams global markets
(AP)
AP - Stock markets and the euro fell sharply Friday after Greece's crucial bailout was put on hold by its partners in the 17-nation eurozone and the leader of a small partner in the country's coalition government said he would vote against the demanded austerity measures. - German Parliament set to vote on Greece Feb. 27
(AP)
AP - The German Parliament is set to hold a special session on Feb. 27 to vote on the second bailout for Greece, a senior lawmaker said Friday. - China imports slump, raising demand concerns
(Reuters)
Reuters - China's imports in January fell the most since the depths of the global financial crisis, raising concerns that demand may be weaker than previously thought even allowing for Lunar New Year factory shutdowns.
- Greece lawmakers debate bailout deal
Greece's Cabinet approved austerity measures demanded in return for a new eurozone bailout of the debt-stricken country early Saturday, a day ahead of a crucial vote in Parliament.img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/rCsxEk3Zgsg" height="1" width="1"/ - Sun newspaper staff arrested in police probe
Authorities arrested eight people Saturday -- including five employees of Britainapos;s bestselling Sun newspaper -- as part of an inquiry into illegal payments to police and officials.img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/AXpIc-1wsow" height="1" width="1"/ - German-Portugal talks caught on tape
Germany would be prepared to adjust the terms of Portugalapos;s ?78bn financial rescue programme after a second bail-out package for Greece had been finalised, Wolfgang Schäuble, the Germany finance minister, has told his Portuguese counterpart.img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/xBEtw_vb9HI" height="1" width="1"/ - Korea's K-pop takes off in the west
When pop sensation Girlsapos; Generation recently provided the grand finale to the Late Show with David Letterman, a top slot on US television, it signalled that South Koreaapos;s entertainment industry had broken out of Asia and is now looking to make it big in the west.img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/ikg086291iw" height="1" width="1"/ - Is Greece facing disorderly default?
Will Greece default?img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/Syz5OzG74Ss" height="1" width="1"/ - New safety policy for cruise ships
Cruise lines are now required to conduct passenger safety drills before leaving port, under a rule announced Thursday by three cruise industry associations.img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/Ub82ZtRt700" height="1" width="1"/ - Chinese imports fall sharply
Chinese imports fell sharply in January, a sign of sluggish domestic demand that will fuel concerns about whether the fragile global economy can count on China as a bastion of growth.img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/gtjutqVMjuQ" height="1" width="1"/ - Opinion: Race in the workplace
Larry, one of the employees you supervise, hasnapos;t been performing his job up to expectations. But youapos;ve been reluctant to take him aside and speak with him candidly: Like most senior people in the company, you are white. What if Larry, who is black, takes your criticism the wrong way or, worse, thinks you are racist?img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/N2AMOR3D-3w" height="1" width="1"/ - What's your career superpower?
It took Superman until his teenage years to discover his superpowers, but many of us take much longer to find our own, if we ever do at all.img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/4DfzCtz6XyI" height="1" width="1"/ - Is your boss a psycho?
Think you suffer from a quot;psychoquot; boss? Some research suggests you might be right. And one recent study raises a disturbing question: Why are psychopaths four times more likely to be in senior management?img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/zCp5s1bjsf8" height="1" width="1"/