austerity

IMF, Bolivia reach $1.9B financing deal amid crisis

The International Monetary Fund announced on Wednesday that it has reached a staff-level agreement with Bolivia on a $1.9 billion, three-year financing program under the Extended Fund Facility, as the South American nation seeks to stabilize an economy facing its…

Eiffel Tower closes as austerity strikes grip France

France witnessed a dramatic show of defiance on Thursday as the iconic Eiffel Tower shuttered its doors to visitors while tens of thousands of protesters flooded the streets of Paris and more than 200 cities nationwide. The extraordinary day of…