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Simon Johnson:The 'Too Big To Fail' Battle Heats Up In Europe

nytimes.com | SIMON JOHNSON | Posted 05.25.2011 | Business

Just when it seemed that the debate over banking was winding down -- with overwhelming victories on almost all dimensions for the people who run the w...

New Law Requires Sites To Have 'Explicit Consent' Before Tracking

The Huffington Post | Catharine Smith | Posted 05.25.2011 | Technology

Europe is cracking down on websites that monitor visitors' browsing activities. Starting May 25, a controversial new European law will require site...

Oil Prices Soar Again

AP | Posted 05.25.2011 | Business

(AP) Oil prices climbed to near $106 a barrel Monday as intense fighting between Libyan government forces and rebels appeared to be turning into a civ...

EU Regulators Raid European eBook Publishers

The Huffington Post | Zoe Triska | Posted 05.25.2011 | Books

EU antitrust regulators, working closely with Britain's OFT (Office of Fair Trading), inspected eBook publishers in several countries on Tuesday. The ...

Oxfam, Amnesty, FIDH call on EU urgent action to stop violence in Libya

Louis Belanger | Posted 05.25.2011 | Impact
Louis Belanger

As Libyan leader Muammar Gaddafi's brutal crackdown continues, the European Union must act swiftly to translate its statements into action, say three leading human rights and humanitarian organisations.

Google Faces New Antitrust Charges

AP | GABRIELE STEINHAUSER | Posted 05.25.2011 | Technology

BRUSSELS — A French creator of specialized search engines on Tuesday filed a new complaint with the European Union about alleged anticompetitive...

WikiLeaks Shows U.S. Manipulating 'The Political Dwarves Of Europe'

Der Spiegel | Posted 05.25.2011 | World

European Union politicians like to see themselves as having global reach. But the US would beg to differ, according to American diplomatic cables from...

What's Wrong With Cutting Taxes?

nytimes.com | SIMON JOHNSON | Posted 05.25.2011 | Business

Vice President Dick Cheney said, loud and clear, in 2002: "Reagan proved deficits don't matter." He was right that Ronald Reagan showed the Republican...

Germany, France Reveal Plan To Boost Euro

nytimes.com | STEPHEN CASTLE | Posted 05.25.2011 | Business

BRUSSELS -- Initiating a bold effort to strengthen the euro, Germany and France on Friday laid down far-reaching plans to deepen integration among the...

Never-Been-Elected EU Foreign Minister Lectures Egypt About Democracy

Rory Fitzgerald | Posted 05.25.2011 | World
Rory Fitzgerald

Baroness Ashton has never been elected to anything in her life. Yet she holds one of the most powerful positions in the EU. Should the Baroness really lecture Egypt, or anyone, about democracy?

European Debt Fears Grow

AP | CIARAN GILES | Posted 05.25.2011 | Business

MADRID — Europe's debt crisis cast its gloom over larger countries like Spain on Tuesday as investors sold off government bonds on worries that ...

Economists Say Forget The Bailout, Ireland Should Default

nytimes.com | LANDON THOMAS Jr. | Posted 05.25.2011 | Business

Many experts now say that bailouts only delay the inevitable. Instead of further wounding their economies with drastic budget-slashing, the specialist...

EU Locks Carbon Market After Security Breach, Suspected Theft

Posted 05.25.2011 | Green

By Nina Chestney and Pete Harrison LONDON/BRUSSELS (Reuters) - The European Union locked all accounts in its carbon market Wednesday, after a securi...

The Debt Problems Of The European Periphery

baselinescenario.com | Posted 05.25.2011 | Business

Last week's renewed anxiety over bond market collapse in Europe's periphery should come as no surprise.  Greece's EU/IMF program heaps more public de...

Ireland Bailout May Be Near As U.K. 'Stands Ready' To Offer Aid

AP | GABRIELE STEINHAUSER | Posted 05.25.2011 | Business

BRUSSELS — European officials geared up to travel to Ireland and lift the lid on just how bad the country's banking woes are, as EU finance mini...

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...