austerity
In California, double the cuts, double the misery
May 15, 2012More misery loomed for Californians May 14 as Governor Jerry Brown delivered a revised 2012-13 budget projection doubling the already-deep cuts he called for in January.
Read moreControversial new president inherits changing World Bank
April 17, 2012Jim Yong Kim, the Korean-American president of Dartmouth College picked to lead the World Bank by President Obama, was confirmed today by a vote of the institution's 25-member executive board.
Read moreHuge protests as Greek Parliament votes for austerity
February 22, 2012The Greek Parliament early Monday morning approved austerity measures demanded by European bankers and financiers.
Read moreMassive demonstrations challenge anti-worker policies in Portugal, Spain
February 21, 2012In both countries, austerity measures include massive cuts in wages and pensions, elimination of the social safety net, privatization of public property and attacks on labor rights.
Read moreAthens burns after austerity approval
February 14, 2012After approving a controversial new bill, which guts minimum wage and public services, Athens erupted in flames as rioters filled the streets with their outrage.
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