Vote on austerity plan sparks clash in Italy: Demonstrators, some armed with smoke bombs, clashed with police in Rome near Parliament on Wednesday night as Italian lawmakers prepared to cast a final vote on a package of new taxes and spending cuts designed to fend off a financial crisis threatening much of Europe.
Greeks Vow to Rebel Against New 'Monster Tax': The Greek government's new real estate tax, a desperate bid to meet its budget goals and secure fresh foreign aid, will hit the population hard. Greeks have almost their entire wealth invested in property -- and are more worried about the tax than about the prospect of a national insolvency or leaving the euro.
UK unemployment increases to 2.51m: According to the official figures published on Wednesday, the rate of unemployment in Britain has faced its largest increase in nearly two years.
UK Unions Plot a Winter of Discontent: Unions Ballot More Than a Million Workers for Biggest General Strike Since 1926
Decline in U.S. Household Income Raises Stakes for 2012 Presidential Race: US yearly median household income at its lowest level since 1996. No income growth in 15yrs as inequality at 1929 level
Maintenance of low wages key to US auto profits: “I was making more money as a door greeter at Wal-Mart than I am now”
Retail Sales in U.S. "Unexpectedly" Stagnate: Retail sales in the U.S. unexpectedly stagnated in August as a lack of employment and limited income growth restrained demand, highlighting the risk the economy will stall.
Why A Working Class Revolt Might Not Be Unthinkable: The loss of 8.75 million payroll jobs since the recession began should be a national emergency. But it’s not, and the question is why. Why has deficit reduction taken precedence over job creation?
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