Facing firm demands from the European Union and financial markets to cut its deficit, Greece announces cost-cutting measures that will save the debt-challenged country €4 billion, $5.44 billion, this year.
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Facing firm demands from the European Union and financial markets to cut its deficit, Greece announces cost-cutting measures that will save the debt-challenged country €4 billion, $5.44 billion, this year.
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The massive earthquake that struck Chile this weekend did between $15 billion and $30 billion in damage to the South American nation's economy, according to a risk management assessment firm.
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merican International Group Inc., majority owned by the U.S. government after a massive bailout, is close to a $35.5 billion deal to sell its Asian life insurance operations to Britain's Prudential PLC.
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