Migrants arrive in Austria as German border tightens

The front line of the European Union’s latest crisis has shifted from Hungary to Austria. Serene and prosperous, the country has a history of successful migrant communities. How will the new refugee crisis impact Austria’s economy?



Austria has become a central player in the decision to facilitate the movement of thousands of refugees further into the EU’s Schengen zone. The Alpine republic and its citizens have taken extraordinary measures to help more than 120,000 refugees and provide them with transportation, food, and shelter. But the Austrian government has since opted to end the emergency actions and attempt a return to normalcy.

Brazil’s economy tanks as multibillion-dollar corruption scandal expands

Rodrigo Muchinelli, owner of a computer sales and repair store in Rio, said his business was in the red for the first three months of this year and is still limping. “It is a fight, daily,” said the 38-year-old businessman.

A woman shouts slogans and bangs on a pan last month during an anti-government protest demanding the impeachment of Brazilian President Dilma Rousseff. (Leo Correa/AP)

Laercio Soares closed a lucrative deal with a Rio samba school for his embroidery company in December. He used the money to close a family business whose workforce had fallen from 60 to eight. “We saw the perspective was bad,” said Soares, 65. “That’s why we took this drastic decision.”