Automaker Fiat announced its commitment to remain in Italy after a meeting Saturday between the company's CEO and the country's president.
Fiat had threatened to shut down its operations in Italy unless it received additional state assistance. The crisis came at a time the entire country is undergoing a steep decline across all industrial sectors.
When you walk into a McDonald's in India, it doesn't feel that much different from one in the U.S. That is, until you try to order.
When McDonald's first came to India 15 years ago, it ditched the Big Macs and Quarter Pounders to try to fit in in a country where cows are sacred and most people frown on eating beef. The chain tried re-creating its American classics with lamb, but it was a flop.
President Obama and his Republican rival, Mitt Romney, seem to have switched places in recent days.
The incumbent president is promising to change Washington from the outside. Meanwhile, Romney, who made his fortune turning businesses around, says he wants to work within the existing political system.
The contrast was on display Saturday in Wisconsin, where Obama held one of the biggest rallies of his re-election campaign.
Ihab Abu Nada's family lives down a series of dark narrow alleyways in Gaza City. The house has two bedrooms for the seven people living there — the kitchen and the bathroom are in the same space, and the roof is made of tin and frequently leaks.
Still, most of the Palestinian family's income goes into paying the rent.
Ihab's picture adorns a cracked wall; it's a simple memorial. Earlier this month, after being unable to find work, the 18-year-old set himself on fire and died. The family is still in mourning.