Monday, June 20, 2011

Foreign Investment in U.S. Jumped 49% in 2010 From 2009

By Jared A. Favole and Kristina Peterson

Despite a world struggling through an economic crisis, direct foreign investment in the U.S. jumped $75 billion in 2010, the White House said Monday.

EU strives to contain Greek debt storm

LUXEMBOURG (AP) -- Europe tried to set up a firewall on Monday between the financial turmoil ravaging Greece and the destinies of Ireland and Portugal, the two other bailed-out eurozone countries, and increased pressure on Athens to pass new austerity measures in exchange for saving it from default.