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Latest news about the state of the world economy.

UK Fearing Similar Fate to Greek Tragedy

Date: 22 March 2010

The country once referred to as "Cool Britannia" is in a serious crisis, with a hole in its budget even bigger than Greece's budget deficit, now at 12.2 percent. And nobody knows how to fix the problem.

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Viacom Says YouTube Ignored Copyrights

Date: 22 March 2010

Pointing to internal YouTube e-mail messages, Viacom said in a court filing that the video site’s founders turned a blind eye when users uploaded copyrighted clips so they could amass a big audience and sell the company quickly.

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Economic Peace Between Israelis and Palestinians?

Date: 11 March 2010

Foreign Policy magazine argues that Israel and Palestine are both tiny areas, basically large metropolises, and that it is in the economic interests of both to find a working peace. Herein lies on the only real hope of peace, and it is the issue that politicians and mediators should focus on. A refereshing look at a very jaded topic.

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