France has unveiled a multibillion euro cost cutting plan to be executed over two years in order to press down its deficit below the European Union’s cap. The Finance Ministry revealed on Wednesday that the country would be shaving €9 billion (USD 9.60 billion) off costs through the plan. Accordingly, some €4 billion (USD 4.26 billion) will be trimmed from the budget this year, including through... 

Job seekers wait in line at a French job center in Paris The number of registered job applicants in France has hit the sharpest monthly rise in three years and rose to 2.99 million people in July as the country’s unemployment line continues to increase. The French labor ministry announced on Monday that the number of registered job seekers rose by 41,300 people from the previous month of June, AFP... 

Members of the Tea Party rally in Washington. Who would have predicted this a year ago? Certainly not the complacent army of White House spin doctors who have failed to grasp, let alone acknowledge, the momentous political transformation that is sweeping America. CNN’s latest poll confirms that the Tea Party movement has more political clout than the President of the United States in influencing...