Inequality in a globalized economy is one of the greatest challenges now facing democracies worldwide, US President Barack Obama said Wednesday in a speech closing the Greek leg of his European farewell tour. “Inequality now constitutes one of the greatest challenges to our economies and to our democracies,” Obama said.
The US House of Representatives voted overwhelmingly on Tuesday for legislation to extend American sanctions on Iran for 10 years. The legislation, known as the Iran Sanctions Extension Act, needs Senate approval and President Obama’s signature before the end of the year, when American sanctions are set to expire. Under ...