May 10 Watch News Wrap: House GOP Looks for Spending Cuts; Greece Struggles with Government In other news Thursday, House Republicans pushed through a bill to prevent a 10 percent cut in the U.S. defense budget by cutting $300 billion in food stamps, health care and federal pensions, over 10 years. Also, Greece's struggle to… Continue watching
May 09 Watch News Wrap: Postal Service Drops Plans to Close 3,700 Locations In other news Wednesday, the U.S. Postal Service abandoned a plan to shutter 3,700 service locations. Under the new plan, more than 13,000 rural mail facilities may have to cut back hours of operation but no locations will close. Also,… Continue watching
Feb 21 Watch After Second Bailout, Is Greece Still Likely to Default? Eurozone finance ministers on Tuesday granted Greece its second bailout, a $172 billion package aimed at helping the country avoid default. Jeffrey Brown discusses the longer-term concerns of austerity measures and growth with Georgetown University's Scheherazade Rehman and Joao Vale… Continue watching
Feb 20 Watch News Wrap: Eurozone Ministers Move Closer to Granting Greece Next Bailout In other news Monday, Eurozone finance ministers decided at a meeting in Brussels that Greece must implement more austerity measures before they approve a $171 billion bailout package to avoid defaulting on its debts. Also, U.N. inspectors began a two-day… Continue watching
Feb 17 Watch News Wrap: After Standoff, Congress OKs Payroll Tax Cut Extension In other news Friday, Congress voted to extend a payroll tax cut for 160 million Americans two weeks before the cuts were due to expire. Also, a 29-year-old Moroccan man was arrested after allegedly planning to detonate a suicide bomb… Continue watching
Feb 16 Watch News Wrap: U.S. Officials Warn Iran Might Blockade Strait of Hormuz if Attacked In other news Thursday, top U.S. officials offered new assessments of Iran's nuclear program, a day after the country claimed major new achievements in producing its own nuclear fuel. Also, claims and counter-claims were plentiful over possible peace talks involving… Continue watching
Feb 13 Watch Greek Ambassador: ‘Profound Structural Reforms’ Necessary for Long-Term Recovery Greek Ambassador: 'Profound Structural Reforms' Necessary for Long-Term Recovery… Continue watching
Feb 10 Watch Greece Reels as Government OKs More Austerity Measures As Greece signed off on a new round of austerity measures in exchange for another bailout, European finance ministers said the cuts may not be enough. James Mates of Independent Television News reports on the start of a two-day strike… Continue watching
Feb 09 Watch In Bailing Out Greece, Germans Eye ‘Functional, Surviving Euro’ In Bailing Out Greece, Germans Eye 'Functional, Surviving Euro'… Continue watching
Feb 09 Watch What Greece’s Latest Cuts Mean for Workers, EU Greek political leaders reached a much-anticipated agreement Thursday on yet another round of austerity cuts. Jeffrey Brown and John Psaropolous of the blog The New Athenian discuss implications for Greeks, the country's economy and its relationship with the continent. Continue watching