Word: crisises
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See pictures of the global financial crisis.
The government's bickering is set against the backdrop of the ongoing economic crisis, which remains the key issue for voters. Germany may be officially out of recession but Europe's biggest economy is struggling to get back on its feet. Unemployment is creeping up and public finances are deteriorating...
Merkel is indeed in the stronger position. The FDP won a record 14.6% of the vote in last September's election, but it was never going to join up with the left-of-center Social Democratic party. That means there is no real alternative to the current coalition. But Merkel...
The courts, which make up 2% of the state budget, have thus joined the slash-and-cut regimen that has befallen school districts, cities, and social services across California as the state deals with a $21 billion shortfall this year. (That comes on the heels of last year's $40...
"We have explored every financial scenario before taking this action, but more than 80% of our budget goes to salaries and benefits, which forces today's drastic measures," said McCoy. With annual court budget deficits expected to be as high as $140 million over the next four years, court officials...