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Sarah DiLorenzo

In this Friday, May 25, 2012 photo torn EU and Greek flags fly at the entrance of an abandoned factory in the industrial zone of Komotini about 800 kilometers (500 miles) northeast of Athens. In its heyday just over a decade ago, the industrial zone in this far-flung area of northern Greece was a hive of activity, with dozens of factories producing everything from textiles to ceramics and employing nearly 20,000 people. Now, the Komotini industrial zone is a picture of desolation, a stark illustration of the toll Greece's vicious financial crisis has taken on the country's industry. (AP Photo/Nikolas Giakoumidis)
News

EU Commission: Bloc needs long-term plan now

Sarah DiLorenzo -
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A man uses his mobile phone in front of the electronic stock board of a securities firm in Tokyo, Tuesday, June 12, 2012. Asian stock markets slid Tuesday as enthusiasm for a European plan to rescue Spain's teetering banks turned to skepticism. Japan's Nikkei 225 index fell 1.3 percent to 8,514.76. (AP Photo/Itsuo Inouye)
Business

Markets cautious amid Spain concerns

Sarah DiLorenzo -
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People walk by an electronic stock board of a securities firm in Tokyo, Monday, June 11, 2012 as Japan's Nikkei 225 index jumped 165.64 points and closed at 8,624.90. Asian stocks and the euro climbed Monday after Spain sought a lifeline for its ailing banks, easing fears that Europe's debt crisis was about to spin out of control. (AP Photo/Koji Sasahara)
Business

Market relief rally on Spain rescue fades

Sarah DiLorenzo -
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A man walks pass to the main display at the Stock Exchange in Madrid, Spain, Monday, June 4, 2012. The Labor Ministry reported today a drop of 30,313 people claiming benefits, to a total of 4,71 million unemployed people in May, a traditionally good month for hiring as companies prepare for the vacation season. (AP Photo/Alberto Di Lolli)
Business

World stock markets fall as Europe worries rise

Sarah DiLorenzo -
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