Bankrupt Icelanders Protest in the streets against the EU and the Bankers

Debt-Laden Icelanders Express Doubts About Joining EU

Feb. 24 (Bloomberg) -- Bloomberg's Ryan Chilcote reports from Reykjavik on the anger among Icelanders over the government's handling of the financial crisis and efforts to join the European Union. Bloomberg's Maryam Nemazee also speaks.
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NYC Transit to Cut More Than 1,000 Jobs

The chairman of New York's cash-strapped transit agency announced plans Tuesday to cut more than 1,000 jobs from the agency's 70,000-person payroll to cope with a $383 million budget gap. (Feb. 23)
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Will Europe Save Greece or Let it Sink

Greece's financial turmoil

A look at the root cause of the country;s financial woes.

Tent Cities spring up around New York

The recession has left many Americans in urgent need of shelter and with nowhere to go, forcing some to retreat to the woods. In the countryside, just one hour's drive from Manhattan, a shanty town of tents has sprung up. Anastasia ChUrkina meets the people for whom camping out, has become a way of life.

Spain : Widespread unemployment

For years, Spain was flourishing, creating more jobs that any other country in the European Union. But when the property market crashed, it took the economy down with it. The result is that Spain is now slashing more jobs than almost any other country.