Carney Fight Against Higher Rates Helped by Inflation

Bank of England Governor Mark Carney has won respite in his battle to keep a lid on interest rates after inflation slowed to the 2 percent target for the first time in four years.

Spain's PM says his country has turned a corner

More than half its young people are unemployed, a double-dip recession has left the economy 7% smaller than it was five years ago, and debt has soared to nearly 100% of GDP.

Large anti-austerity protests in Spain, Portugal

MADRID: Tens of thousands of people from all over the country converged on Spain's capital to hold a large anti-austerity demonstration on Saturday.