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US trade deficit drops to $41.9 billion in July, smallest in 5 months

...dropping 2.2 percent, a decline that largely reflects the big fall in oil prices.The July deficit with the European Union climbed to $15.2 billion, the highest on record, as U.S. exports to the EU fell by 5.3 percent.

http://chronicle.augusta.com/news/business/2015-09-03/us-trade-deficit-drops-419
The Latest: Over 332,000 migrants reach Europe this year

...migrants were traveling along the Balkans route into the European Union. The route goes from Turkey by sea to Greece, then...north via the Balkans and apply for asylum in wealthy European Union nations like Germany, Austria or Sweden. Greece...

http://chronicle.augusta.com/news/world/2015-08-28/latest-over-332000-migrants-r
China's move to devalue its currency intensifies fears about world's 2nd-largest economy

...statement said.China becomes the third major economy to act to lower its currency value. Initiatives by Japan and the European Union over the past two years depressed the yen and euro.Those moves contrast with action foreseen from the Federal Reserve...

http://chronicle.augusta.com/news/business/2015-08-11/chinas-move-devalue-its-cu
Consumers enjoying lower energy costs amid rout in prices of fossil fuels

...are rejoicing. Fossil fuel companies are reeling. Importers, such as the U.S., China, Japan and those in the European Union, are getting a boost. Exporters, such as Russia, Saudi Arabia and Venezuela are facing lower income and budget...

http://chronicle.augusta.com/news/business/2015-08-04/consumers-enjoying-lower-e
Greece in a nutshell: What are its problems, and how can they be solved?

...debt, which has required it to go through two bailouts during the past five years.Second, it's a member of the European Union ? an organization of European nations dedicated to their mutual well-being. As a member, it must decide whether...

http://chronicle.augusta.com/opinion/opinion-columns/2015-08-09/greece-nutshell-
Wine Time: Chateau Vartely Winemaker's Selection 2012, Moldova

...Neagra.With global sales of 4.5 million bottles per year, Chateau Vartely exports wine to 14 countries, including European Union member states and China.Chateau Vartely has established itself as one of Moldova's top wineries, and as a tourist...

http://chronicle.augusta.com/things-do/applause/2015-07-21/wine-time-chateau-var
German lawmakers back Greek bailout talks

...further hurdles Friday after German lawmakers overwhelmingly gave their backing to another financial rescue and the European Union said it would release a short-term loan to ensure Athens avoids a debt default.The developments, along with the...

http://chronicle.augusta.com/news/business/2015-07-17/german-lawmakers-back-gree
Revolt building in Greece's cabinet over austerity deal

...have to pass are harsh but that the alternative would have been worse."We aren't in a good position within the European Union under the current measures and under this present situation," said Kostas Plafoutzis, an Athens merchant. "But...

http://chronicle.augusta.com/news/business/2015-07-14/revolt-building-greeces-ca
Iran nuke deal reached

...argued that such visits by the IAEA would be a cover for spying on its military secrets.On Tuesday morning, the European Union announced that the final plenary of Iran and the six countries negotiating with it will take place at 10:30 Vienna...

http://chronicle.augusta.com/latest-news/2015-07-14/iran-nuke-deal-reached
Greek leader leaves for crucial EU summit

...a detailed outline of the Greek proposals late Sunday to assess whether they really constitute a breakthrough, a European Union official said.Over the past weeks, the international creditors have often complained that Greek initiatives have...

http://chronicle.augusta.com/news/business/2015-06-21/greek-leader-leaves-crucia