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The two major parties which have governed Greece for 38 years face a tough election on May 6. The conservatives and socialists may be forced to create a grand coalition as voters turn to extreme parties to vent their anger over increased taxes and lower pensions and salaries imposed in an austerity programme.
World growth is forecast to slow - held back by the crisis in the eurozone. But of all the world’s regions only the eurozone will face negative growth in 2012, says the World Bank and its impact will only be relatively modest on the world economy. However, the turmoil of the past year has more to do with politics than economics, writes GIS expert Ambassador Terry M...
Ambassador Terry Miller