Christopher Werth

As other carmakers in Europe struggle for their very survival, VW is flourishing thanks in part to its worldwide appeal.

Strong unions and labor laws have kept struggling carmakers from cutting plants in Germany, but that may be about to change.

Last month, Peugeot secured a $9 billion lifeline from the French government to stay out of bankruptcy. In return, French politicians want the struggling company keep jobs, not cut them.

Carmakers in Europe are seeing plunging sales and rising costs -- sound familiar? Will European automakers rebound like their U.S. competitors?

A lack of jobs has not convinced many immigrants who came to Spain during better times to leave.

For months now, Spain has been bracing itself for a bailout. While the country waits, the government has already made many of the deep budget cuts that typically come with bailouts.

In the Northern Spanish region of Catalonia, many say they would be better to go it alone. This rich region puts more into the central government than it gets out and Catalans are starting to resent this.

In further austerity measures, the government imposes some $50 billion of tax hikes and spending cuts

Today the government of Spain is expected to lay out yet another new budget with even more cuts in it.

This week, India's Supreme Court hears arguments in a case that will affect how many poor people can afford cancer drugs. Novartis is defending a patent on its cancer medication, Gleevec.