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Cyprus claims EU mood shifting toward bailout
Wariness among some euro area countries over bailing out debt-saddled Cyprus is gradually receding, the country's president-elect said Wednesday.
White House, Congress face cuts; details lacking
The White House and Congress won't be immune to the automatic cuts in federal spending scheduled to kick in Friday. But for all the grim warnings the ...
Conservative set to win Cyprus presidency
Battered by a debt crisis, a leadership vacuum and facing near-empty coffers, Cyprus is holding a presidential runoff Sunday, a vote that conservative ...
Administration warns of impact of broad budget cut
Widespread flight delays and shuttered airports, off-limit seashores and unprotected parks. The Obama administration is painting a dire portrait of ...
Calif. city corruption case goes to jury
The corruption case against six former officials of the scandal-ridden suburban city of Bell was placed in the hands of the jury Friday, with a ...
Gov't downsizes amid GOP demands for more cuts
Republicans and other fiscal conservatives keep insisting on more federal austerity and a smaller government. Without much fanfare or acknowledgement, ...
Strike ends in Malawi with pay rise
The Malawi government has agreed to raise public workers' salaries by 60 percent, ending a two-week old strike, a union leader said. Civil Service ...
Argentine trains still perilous a year after crash
The bustling "Once de Septiembre" station in the heart of Buenos Aires looks much the same as it did nearly a year ago, when Argentina's worst train ...
Pentagon notifies Congress of likely furloughs
Defense Secretary Leon Panetta told Congress on Wednesday that if automatic government spending cuts kick in on March 1 he may have to shorten the ...
Greece's weakened workforce starts to crack
Looking out across a room full of reporters gathered to welcome French President Francois Hollande on Tuesday, Greece's President Karolos Papoulias ...
Greeks strike, march in protest against austerity
Tens of thousands of anti-austerity demonstrators took to the streets of Athens on Wednesday as unions staged a general strike to protest government ...
Strike in Malawi grows
Public workers in Malawi, on strike demanding a 67 percent pay hike, have threatened to close the country's airports. The government says it doesn't ...
Egypt president's son may be earning $133 a month
The head of Egypt's holding company for airports and aviation says President Mohammed Morsi's son has applied for a job that pays $133 a month ...
House votes to extend pay freeze for fed workers
The House voted Friday to extend a pay freeze for federal workers, already in effect for more than two years, for another nine months.
Oman council backs wage-hike proposals
State television in Oman says the country's highest advisory body has backed proposals for a steep rise in the minimum wage and curbs on foreign ...
Greece says it met deficit-cutting targets in 2012
The Greek government said Monday its painful austerity drive is paying off, with the budget deficit reduced to the target of 6.6 percent of annual ...
Why is Beckham sitting on the bench for nothing?
David Beckham has won league championships in three countries on two continents, earns millions of dollars in endorsements and his name is practically ...
Report: US job market looks surprisingly strong
The U.S. job market is proving surprisingly strong and raising hopes that the economy will be resilient enough this year to withstand a budget ...
Oil slips closer to $97 ahead of US jobs report
The price of oil slipped to near $97 a barrel on Friday after figures showed weak growth in China's manufacturing sector and as investors awaited a ...
Solid Jan. hiring would boost hopes for US economy
The January employment report is expected to show Friday that job growth remained steady last month even though Americans began receiving smaller ...
Greek doctors, public transport workers on strike
Greek doctors, port workers and public transport staff in the country's capital walked off the job Thursday in strikes against deeply unpopular ...
China's love affair with cars chokes air in cities
Endless lines of slow-moving cars emerge like apparitions and then disappear again into the gloom of the thick smog that has shrouded Beijing this ...
Zimbabwe claims its accounts are bare
Zimbabwe's finance ministry said it has just $217 left in its accounts after paying the nation's civil servants and government employees earlier this ...
Israel to transfer tax funds to Palestinians
Israel says it is transferring tax revenues to the Palestinian Authority that were frozen last year. A government statement on Wednesday says it is ...
Russia likely to contribute to Cyprus bailout
Russia is likely to contribute money to a rescue package that Cyprus is trying to finalize with eurozone partners, the cash-strapped country's finance ...