World Business

Get the RSS Feed
Greek Prime Minister George Papandreou roiled world markets with a plan to put the fate of a last-minute E.U. bailout package in the hands of Greek voters who overwhelmingly oppose the bailout.

Greece's 'rogue' E.U. bailout vote: Democracy or 'tragedy'?

Prime Minister George Papandreou stuns the world with a plan to put the E.U.'s unpopular Greece-saving bailout to a vote — where it's likely to be defeated

 
Greek Finance Minister George Papandreou  during a press conference Thursday: Greece will capitalize on an E.U. agreement to slash its debt by moving forward with economic reforms.

Does the E.U.'s Greek debt deal solve anything?

Investors rally after Europe agrees to help Greece. But don't celebrate quite yet, critics warn: This might not be nearly enough

 
Robert Shrum

Robert Shrum: We're in the euro now

The eurozone teeters on the brink of financial catastrophe, and the U.S. economy — and the 2012 election — may hang in the balance

 
The first store in Shanghai opened in Nov. 2010, and now the struggling American brand looks to triple its presence in China by the end of next year.

Can expanding abroad save the Gap?

The troubled retail giant has announced plans to close a third of its U.S. stores and focus on the Chinese market

 
A Nike advertisement in Shanghai: Nike is trying to utilize China's growing interest in sports and physical activity and expand its more than 7,000 stores.

Can Nike conquer China?

The sportswear giant wants to double its business in China by 2015 — but critics doubt that Nike can just do it

 
People walk past a heap of garbage in an Athens suburb: Between a trash collectors' strike and the stress of ongoing protests, Greece may be on the verge of a health crisis.

Greece's austerity-driven health crisis

Cuts in spending on hospitals and social welfare programs have put health care out of reach for many Greeks

 
David Koch pictured in 1996: The business empire run by the billionaire industrialist and his brother Charles allegedly engaged in bribery in several countries, according to a Bloomberg expose.

The Koch brothers 'bombshell': Bribes, crimes, and illegal trade with Iran?

Bloomberg digs up dirt on liberals' favorite boogeymen — the Tea Party-bankrolling billionaires Charles and David Koch

 
Riot police protect the Greek Parliament during austerity protests: With other EU countries not far behind, Greece's meltdown is sending the global economy into a tailspin.

Economic crisis: Europe on the brink

A debt problem that began with Greece now endangers the entire eurozone and even the U.S. What caused this mess?

 
German Chancellor Angela Merkel and Greek Prime Minister George Papandreou in consultation: Some say the debt crises ravaging Greece and other countries could destroy the 27-nation European Union.

Can the European Union survive?

Europe's common currency is in peril as Greece and other debt-burdened nations flirt with default. Did European leaders take the dream of unity too far?

 
A man walks past a shuttered store in Athens, Greece: The financially strapped country is trying to secure an $11 billion bailout to avoid defaulting on its massive debt.

Is a Greek default inevitable?

Nervous investors are bracing for the day when Greece will be unable to make payments on its massive debt

 
A trader on the floor of the New York Stock Exchange: Greece's debt problems have already dragged down global stocks and some say the U.S. will soon feel the effects.

Has Europe's debt crisis already infected America?

The Federal Reserve worries some U.S. investors by joining other central banks in an effort to bolster flailing European financial institutions

 
A woman walks by a crossed-out Euro advertisement in a Madrid shop: While the common market solution was meant to strengthen Europe, it hasn't unfolded as planned.

Is it too late to save the 'evil' euro?

Europe is running short on time and ideas to clean up its sovereign debt mess

 
German Chancellor Angela Merkel and French President Nicolas Sarkozy are lobbying for a united EU economic government to respond to the continent's financial crisis.

Would a eurozone government calm the markets?

German and French leaders say setting common budget and tax policies will help end Europe's debt crisis. But jittery investors appear skeptical

 
In Levi's new commercial, a denim-clad man faces a line of riot police, the sort of inadvertently topical imagery that led the company to pull the ad in Britain.

Levi's controversial riot ad: Bad taste or bad timing?

The denim giant's first worldwide ad campaign launched this week... too bad its imagery of youth protests uneasily evokes the London riots

 
The Temple of the Olympian Zeus in Athens: Greece won a massive bailout package from EU lawmakers, but some say it may not be enough to rescue the nation's floundering economy.

Europe's bailout: Is Greece out of the woods?

Eurozone countries approve a $155 billion Greek rescue package — but it may not fix the continent's spiralling debt crisis

 
Get 4 Free Issues!

This week's issue

Subscribe now

Give a gift subscription

customer service

Facebook

Twitter

Stumble

Tumblr

RSS

Newsletter

 
SEE MORE STORIES ON SLATE
SEE MORE STORIES ON POLITICALWIRE

from our partners

Get The Week iPad app
Get The Week iPad app