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FEAR: Ireland's Debt Crisis Could Infect Other Vulnerable Nations

AP | GABRIELE STEINHAUSER | Posted 05.25.2011 | World

BRUSSELS — An anxiously awaited meeting of European finance ministers ended Tuesday without an agreement to bail out Ireland's debt-stricken gov...

WikiLeaks: The EU and Germany Are Failing to Lead on Climate Change

Nikolas Kozloff | Posted 05.25.2011 | Green
Nikolas Kozloff

Failing to inspire fellow EU members is disappointing enough, though further WikiLeaks cables show that the Merkel government has truly acted cynically.

Could Demographic Trends Cripple Europe by 2050?

Rory Fitzgerald | Posted 05.25.2011 | World
Rory Fitzgerald

New figures bear out a looming demographic crisis in Europe. Not since the Black Death have we seen populations collapse like this.

Too-Big-To-Fail Banks Face New Limits Under EU Plan

Bloomberg | Ben Moshinsky | Posted 05.25.2011 | Business

The European Union may give regulators powers to block new products and limit trading risks at banks deemed too big to fail, as part of plans to prote...

A State of Palestine from a Brazilian Viewpoint

Shai Baitel | Posted 05.25.2011 | World
Shai Baitel

Looking at Palestinian self-destructive behavior, from Rio de Janeiro, Brasilia, or anywhere else in the world, it is difficult to be optimistic for the future in the Middle East in the year ahead.

Witchcraft Declared A Legal Profession In Romania

AP | Posted 05.25.2011 | World

BUCHAREST, Romania — Romania has changed its labor laws to officially recognize witchcraft as a profession, prompting one self-described witch t...

Former Irish Premier Bertie Ahern Retires Amid Economic Devastation

Rory Fitzgerald | Posted 05.25.2011 | World
Rory Fitzgerald

Like a B-29 pilot gazing down at the smoking ruins of Hiroshima, Bertie Ahern, with grim satisfaction, says "my work here is done," and heads for home. His war is over.

The EUs Latest Problem: Slovakia May Want Out

AP | KAREL JANICEK and GEORGE JAHN | Posted 05.25.2011 | Business

BRATISLAVA, Slovakia — Bells pealed and fireworks shot across midnight skies in Bratislava two years ago, as Slovaks celebrated not only the New...

STRIPPED: Overspending Nations Could Lose EU Voting Rights

AP | RAF CASERT | Posted 05.25.2011 | World

BRUSSELS — EU leaders worked on a deal early Friday to punish spendthrift nations whose overspending put Europe's single currency at risk, but o...

Democracy Weakening Everywhere

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

European Parliament Member and Investigative Judge Eva Joly received the Global Financial Integrity 2010 Exemplary Leadership Award in Washington DC e...

New EU Regulations For Cross-Border Couples

Yahoo! News | – | Posted 05.25.2011 | Divorce

BRUSSELS (AFP) -- Take a German and a Frenchwoman who marry in Italy, move to Portugal and then split up: under new EU rules on cross-border marriage ...

A Lesson From Britain's Austerity Plan: Poor Could Be Hurt Most

AP | DAVID STRINGER | Posted 05.25.2011 | Business

LONDON — Britain's poor and powerful clashed Thursday over who will lose out most under austerity measures that will slash benefits, jobs and go...

'Austerity' Named Word Of The Year

AP | RUSSELL CONTRERAS | Posted 05.25.2011 | Business

SPRINGFIELD, Mass. — As Greece faced a debt crisis, the government passed a series of strict austerity measures, including taxes hikes and cutti...

Ireland Credit Rating Slashed To 3 Grades Above Junk

AP | SHAWN POGATCHNIK | Posted 05.25.2011 | Business

DUBLIN — Moody's slashed Ireland's credit rating five notches on Friday and warned of further downgrades if the country cannot regain command of...

EU Debt Crisis Is 'Systemic,' According To Official's Warning

Posted 05.25.2011 | Business

BRUSSELS/BERLIN (By Jan Strupczewski and Erik Kirschbaum): European Union leaders will be warned on Thursday that a rolling debt crisis poses a syste...

Ireland Passes Bailout Package, Despite Opposition To Cuts

Posted 05.25.2011 | Business

DUBLIN (By Carmel Crimmins): Ireland's parliament approved a multi-billion euro EU/IMF bailout package on Wednesday in the face of opposition threats...

Moody's May Downgrade Spains Debt

AP | CIARAN GILES | Posted 05.25.2011 | Business

MADRID — Ratings agency Moody's on Wednesday warned it may downgrade Spain's debt because the government is vulnerable to a borrowing crunch nex...

Hashim Thaci, Kosovo Prime Minister, Is Head Of Human Organ And Arms Ring: Report

Posted 05.25.2011 | World

Just as preliminary results show he has won his country's landmark election, Kosovo Prime Minister Hashim Thaçi faces allegations of being involved w...

Is QE2 the Road to Zimbabwe-style Hyperinflation? Not Likely

Ellen Brown | Posted 05.25.2011 | Business
Ellen Brown

Unlike Zimbabwe, the U.S. can easily get the currency it needs without being beholden to anyone. But wouldn't that dilute the value of the currency? No.

How the Cancun Conference Can Succeed With -- or Without -- China

Corbin Hiar | Posted 05.25.2011 | Green
Corbin Hiar

Yesterday some 15,000 delegates, business leaders, activists and journalists gathered in Cancun to kick off the UN Framework Convention on Climate Cha...

EU Launches Antitrust Probe Into Google Searches

AP | MICHAEL LIEDTKE and GABRIELE STEINHAUSER | Posted 05.25.2011 | Technology

BRUSSELS — European regulators are tackling a puzzle that could shift the balance of power on the Internet: Is Google stifling competition by ju...

The Eurozone Endgame: Four Scenarios

baselinescenario.com | Posted 05.25.2011 | Business

In the aftermath of the Irish bailout, the German proposal for a future sovereign and/or senior bank debt restructuring mechanism within the eurozone ...

EU Denies Pushing Portugal Towards A Bailout

Posted 05.25.2011 | Business

BERLIN/LISBON: European officials denied "absolutely false" reports Portugal was under pressure to seek a bailout and Spain ruled out on Friday needin...

Tom Geoghegan on The Interview Show

Mark Bazer | Posted 05.25.2011 | Chicago
Mark Bazer

Tom Geoghegan, author of the new book Were You Born on the Wrong Continent?: How the European Model Can Help Get You a Life, stopped by The Interview Show.

Portugal Braces For Next Wave Of Speculative Trades After Ireland Crisis

AP | BARRY HATTON | Posted 05.25.2011 | Business

LISBON, Portugal — Portugal is bracing for an increase in speculative trades against it as some investors expect it to be the next European nati...