To the Point
Crisis in the Eurozone, Continued
The nations that share the Euro are so independent in other ways that the common currency may not survive. We hear from several Europeans and hear why it matters to the US.
The nations that share the Euro are so independent in almost every other way that the common currency may not survive. We hear it in the voices of Italians, Germans, Greeks and even the British, who have plenty of problems even without the Euro. We also hear why it matters so much to the United States. Also, unemployment drops, but not payroll taxes, and Art Basel Miami Beach defies economic recession.
Banner image: Greek flag, covered with one Euro coins. Photo by Sean Gallup/Getty Images
In this episode
3 storiesUnemployment Drops, but Not Payroll Taxes
Unemployment unexpectedly dropped last month from 9 to 8.6 percent, good news for President Obama. Jim Tankersley is economics correspondent for the National Journal .
Read the story8 minCan a Divided Europe Save Its Common Currency?
America's economic future will depend in part on what happens in Europe, so the crisis over the Euro demands our attention. The Eurozone is divided between prosperous countries like France -- and especially Germany — and debtor nations, including Greece, and now Italy.
Read the story37 minArt Market Flouts Recession in Miami Beach
At America's biggest art fair this week, major museum directors and other collectors are lining up to bid on paintings, sculptures, assemblages and collaborations insured for $2.5 billion.
Read the story6 min