Austerity Steps News Today

ISLAMABAD: Caretaker Prime Minister Anwar-ul-Haq Kakar approved a number of austerity measures to stop unnecessary...

of may. thats the biggest monthly loss in nearly a year. in case you were thinking that europes crisis was their problem and your eyes glaze over when you hear about it, this is the wake-up call. americas 401(k)s are losing value thanks to greece and spain. why? well, because if and when greece drops the euro, its a little domino with a lot of punch. next comes spain, portugal, ireland, maybe even italy. they could all fail. and that means the breakup of the worlds biggest economy and ...

in case you were thinking that europes crisis was their problem and your eyes glaze over when you hear about it, this is the wake-up call. americas 401(k)s are losing value thanks to greece and spain. well, because if and when greece drops the euro, its a little domino with a lot of punch. next comes spain, portugal, ireland, maybe even italy. they could all fail. and that means the breakup of the worlds biggest economy and americas biggest trading partner. it means at least tens of th...

in nearly a year. in case you were thinking that europes crisis was their problem and your eyes glaze over when you hear about it, this is the wake-up call. americas 401(k)s are losing value thanks to greece and spain. why? well, because if and when greece drops the euro, its a little domino with a lot of punch. next comes spain, portugal, ireland, maybe even italy. they could all fail. and that means the breakup of the worlds biggest economy and americas biggest trading partner. it me...

Things moving forward, the fact that greece did actually decide to do whatever it had to do to stay in the eurozone. >> but the essential problem remains in that you have disparate economies between the so-called rich and the poor. disparate fiscal policies. and as long as the public in places like greece is not willing to take so-called austerity steps, you arent going to get past the political problem so that they can ever really -- the eurozone can ever really make sense and be coordinated an...