<?xml version='1.0' encoding='UTF-8'?><rss xmlns:atom='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/' xmlns:georss='http://www.georss.org/georss' xmlns:thr='http://purl.org/syndication/thread/1.0' version='2.0'><channel><atom:id>tag:blogger.com,1999:blog-7267356</atom:id><lastBuildDate>Thu, 29 Apr 2010 14:39:57 +0000</lastBuildDate><title>EU-DIGEST</title><description>ISSN-1554-7949: News links about and related to Europe - updated daily &lt;p&gt; "The health of a democratic society may be measured by the quality of functions performed by its private citizens" - Alexis de Tocqueville&lt;/p&gt;</description><link>http://www.eu-digest.com/</link><managingEditor>noreply@blogger.com (A-News)</managingEditor><generator>Blogger</generator><openSearch:totalResults>5000</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>25</openSearch:itemsPerPage><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-25526861018966710</guid><pubDate>Thu, 29 Apr 2010 14:39:00 +0000</pubDate><atom:updated>2010-04-29T14:39:57.761Z</atom:updated><title>This blog has moved</title><description>&lt;br /&gt;       This blog is now located at http://eu-digest.blogspot.com/.&lt;br /&gt;       You will be automatically redirected in 30 seconds, or you may click &lt;a href='http://eu-digest.blogspot.com/'&gt;here&lt;/a&gt;.&lt;br /&gt;&lt;br /&gt;       For feed subscribers, please update your feed subscriptions to&lt;br /&gt;       http://eu-digest.blogspot.com/feeds/posts/default.&lt;br /&gt;  &lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-25526861018966710?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/this-blog-has-moved.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-7410683524945166677</guid><pubDate>Thu, 29 Apr 2010 14:39:00 +0000</pubDate><atom:updated>2010-04-29T14:39:30.477Z</atom:updated><title>Former Soccer Wife Cheryl Cole Beats Marisa Soccer and women: Miller for Title of Sexiest Woman Alive  - by Michael Hurley</title><description>If you're American and you don't care about soccer, chances are you  don't know who &lt;strong&gt;Ashley Cole&lt;/strong&gt; is. So let's make it simple:  Ashley Cole is the soccer player who was unfaithful to his wife ... and  his wife just so happens to be the sexiest woman alive.                          &lt;p&gt;&lt;strong&gt;Cheryl Cole&lt;/strong&gt;, for the second straight year, has been  named the &lt;a href="http://www.fhm.com/girls/100-sexiest-women/cheryl-cole-20100428" target="_blank"&gt;Sexiest Woman Alive by FHM&lt;/a&gt;.&lt;/p&gt;  &lt;p&gt;That wasn't enough for Ashley, apparently, as he reportedly pulled a &lt;strong&gt;Tiger  Woods&lt;/strong&gt; with five different women.&lt;/p&gt;&lt;a href="http://www.nesn.com/2010/04/cheryl-cole-former-wife-of-soccer-star-named-sexiest-woman-alive.html"&gt;For more: Former Soccer Wife Cheryl Cole Beats Marisa Miller for Title of Sexiest Woman Alive - Daily Blend - NESN.com&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-7410683524945166677?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/former-soccer-wife-cheryl-cole-beats.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-4229809617568253583</guid><pubDate>Thu, 29 Apr 2010 13:00:00 +0000</pubDate><atom:updated>2010-04-29T13:00:11.722Z</atom:updated><category domain='http://www.blogger.com/atom/ns#'>EU</category><category domain='http://www.blogger.com/atom/ns#'>Germany</category><category domain='http://www.blogger.com/atom/ns#'>Banking Industry</category><title>German Jobless Drops as Economy Shrugs Off Winter, Greek Crisis -  by Patrick Donahue and Frances Robinson</title><description>&lt;div xmlns="http://www.w3.org/1999/xhtml"&gt;German unemployment fell at the fastest pace in more  than two years in April as Europe’s largest economy shrugged off the  coldest winter in 14 years and a worsening fiscal crisis in the euro  region’s periphery. &lt;br /&gt;&lt;div class="indent"&gt;The number of people out of work declined a  seasonally adjusted 68,000 to 3.29 million, the Nuremberg-based Federal  Labor Agency said today. The drop was the biggest since January 2008 and exceeded the decline of 10,000 that economists had forecast, based on  the median of 30 estimates in a Bloomberg survey. The jobless rate fell  to 7.8 percent from 8 percent.&lt;/div&gt;&lt;div class="indent"&gt;The data highlights the split between Germany and its euro- region neighbours such as Greece, Spain and Portugal, which  are grappling with mounting budget deficits and higher unemployment  rates. Bundesbank President Axel Weber said this week that the German  recovery will gather steam this quarter after poor weather curbed  construction and spending in the first quarter.&lt;/div&gt;For more: &lt;a href="http://www.businessweek.com/news/2010-04-29/german-jobless-drops-as-economy-shrugs-off-winter-greek-crisis.html"&gt;German Jobless Drops as Economy Shrugs Off Winter, Greek Crisis - BusinessWeek&lt;/a&gt;&lt;br /&gt;&lt;blockquote&gt;&lt;br /&gt;&lt;div class="zemanta-pixie"&gt;&lt;img alt="" class="zemanta-pixie-img" src="http://img.zemanta.com/pixy.gif?x-id=d03eee60-27c6-807f-8eaf-5e9dc8a28ff8" /&gt;&lt;/div&gt;&lt;/blockquote&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-4229809617568253583?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/german-jobless-drops-as-economy-shrugs.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-7428449358410033676</guid><pubDate>Wed, 28 Apr 2010 21:06:00 +0000</pubDate><atom:updated>2010-04-28T21:06:52.888Z</atom:updated><category domain='http://www.blogger.com/atom/ns#'>US Banking Sector</category><title>Banking: Out of Control Bank Fees in America</title><description>&lt;div style="text-align: left;"&gt;In America when you do what the bank calls a wire transfer, but which basically is an electronic transfer handled by computers from one bank to the other, the sending bank charges a minimum of $20 for  sending the funds and the bank retrieving the money charges $ 15.&amp;nbsp;&amp;nbsp;&lt;/div&gt;&lt;div style="text-align: left;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="text-align: left;"&gt;Using an ATM costs an average of $1.97 -- and  that's when you use your own bank. The average  charge for out-of-network ATM fees is $3.43. In  addition, overdraft protection has gone up 2.5% in the last year and  currently averages $28.95.&amp;nbsp; If you want to earn  interest on your checking account, you need to pay a yearly fee of $12  and keep a minimum balance of $3,500.&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;/div&gt;&lt;div style="text-align: left;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="text-align: left;"&gt;Unfortunately we have had lots of talk,but no banking regulations so  far.&amp;nbsp; &lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-7428449358410033676?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/banking-out-of-control-bank-fees-in.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-3158314191210638419</guid><pubDate>Wed, 28 Apr 2010 20:30:00 +0000</pubDate><atom:updated>2010-04-28T20:30:38.614Z</atom:updated><title>Britain: Caesar the terrier dog and what his appearance ay Edward VIII's funeral tells us about the state of our nation today</title><description>&lt;p&gt;An unconventional image dramatically symbolized the grandeur of the  British Empire. On a bright morning in early 1910, the funeral cortege  for the late Edward VII made its way from Westminster through the  streets of central London.&lt;br /&gt;&lt;/p&gt;&lt;p&gt;With huge crowds lining the route, a  procession of international dignitaries followed behind the coffin,  some on horseback, some in carriages. Their number included  princes and presidents, emperors and elected leaders. But in front of  all of them walked a small dog, his leash held by a kilted Highland  soldier. This was Edward’s beloved fox terrier, who bore the  appropriately imperial name of Caesar.&lt;/p&gt;&lt;p&gt;At the funeral of Edward VII, the New York Times reported: ‘The  varied and gorgeous uniforms of the royal personages gathered from the  ends of earth glittered in the summer sun.’  In reality,  however, it was a world and Empire on which the sun was setting very  quickly.  &lt;/p&gt;&lt;div class="clear"&gt; &lt;/div&gt;&lt;div class="thinCenter"&gt; &lt;/div&gt;&lt;a href="http://www.dailymail.co.uk/debate/article-1264951/Caesar-terrier-dog-appearance-ay-Edward-VIIIs-funeral-tells-state-nation-today.html"&gt;For more: Caesar the terrier dog and what his appearance ay Edward VIII's funeral tells us about the state of our nation today | Mail Online&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-3158314191210638419?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/britain-caesar-terrier-dog-and-what-his.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-288352997601947179</guid><pubDate>Wed, 28 Apr 2010 12:10:00 +0000</pubDate><atom:updated>2010-04-28T12:10:07.047Z</atom:updated><title>Catholic Church needs total reform  ( and women must be part of that equation) - by Pat Power</title><description>&lt;span id="lblBody"&gt;The current crisis facing the Catholic Church arising  out of sexual abuse is arguably the most serious challenge the Church  has faced since the Reformation in the 16th century. The response must  in the first instance be clearly focused on the victims of such abuse,  their families and other secondary victims. The untold damage done to  innocent people and its life-long consequences in many cases need to be  clearly and honestly acknowledged. I am pleased where every effort is  being made to see that justice is done for those affected and where all  possible measures are being taken to bring about healing and reparation.   &lt;/span&gt;&lt;span id="lblBody"&gt;&lt;p&gt; The reform needed by the Church today will involve much more than just  “tinkering around the edges”. Issues such as the authoritarian nature of  the Church, compulsory celibacy for the clergy, the participation of  women in the Church, the teaching on sexuality in all aspects cannot be  brushed aside. Listening must be a key component of reform and at times  that will involve listening to unpalatable truths. It needs to be  recognized that all wisdom does not reside exclusively in the present  all male leadership of the Church and that the voices of the faithful  must be heard.  &lt;/p&gt; &lt;p&gt; Let us not forget it was largely Jesus’ female disciples who  stood by him dying on Calvary, that Mary Magdalene was the first witness  to the resurrection and that she could legitimately be called an  apostle in that she was sent to bring the good news to the other  followers of Jesus. Would the Church be in its  present state of crisis if women had been part of the decision-making in  the life of the Church.&lt;br /&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="font-weight: bold;"&gt;Note EU-Digest:&lt;/span&gt; &lt;span style="font-style: italic;"&gt;Hear hear...&lt;/span&gt;&lt;br /&gt;&lt;/p&gt;&lt;/span&gt;&lt;br /&gt;&lt;a href="http://www.eurekastreet.com.au/article.aspx?aeid=20866"&gt;For more:  Catholic Church needs total reform - Eureka Street&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-288352997601947179?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/catholic-church-needs-total-reform-and.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-58573039068978202</guid><pubDate>Wed, 28 Apr 2010 11:11:00 +0000</pubDate><atom:updated>2010-04-28T11:11:31.923Z</atom:updated><title>Anglo-French Freemasonry, Naïve Russia: Authors of the Assassination of Pres. Kaczynski of Poland - by  Dr. Muhammad  Shamsaddin Megalommatis</title><description>The fact that England´s one time one-penny newspaper, the Daily  Telegraph, found it necessary to have one of his one-penny staffers  publish an urged and premature denunciation of what the so-called  conspiracy theorists may have later identified as reasons for the  assassination of Poland´s president Lech Kaczynski demonstrates the  absolute paranoia of the ruling elite that plunged the entire Mankind in  the unprecedented and abysmal chaos of our times.&lt;br /&gt;&lt;br /&gt;Paranoia is an utterly inhuman situation; the normal, human reaction of  someone rejecting the assassination scenario would be to first wait  until the day a commentator or analyst publishes an analysis of the  reasons for which the air plane crash should be interpreted as an  assassination, and then come up with a refutation.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://www.americanchronicle.com/articles/view/152462"&gt;For more: American Chronicle | Anglo-French Freemasonry, Naïve Russia: Authors of the Assassination of Pres. Kaczynski of Poland&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-58573039068978202?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/anglo-french-freemasonry-naive-russia.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-6093500545606141673</guid><pubDate>Tue, 27 Apr 2010 22:32:00 +0000</pubDate><atom:updated>2010-04-27T22:32:10.193Z</atom:updated><title>Turkey: Noah’s Ark Has Been Found in Mount Ararat, Turkey</title><description>&lt;p&gt;The Biblical Noah’s Ark has been found in Mount Ararat, Turkey  according to a Chinese-Turkish evangelical exploration team. They said  they are 99.99 percent sure that this is the Noah’s Ark set to ride the  flood that swept the entire world 4,800 years ago.&lt;/p&gt; &lt;p&gt;The exploration team is claiming that the Noah’s Ark found fits the  description in the Bible – it has the exact length noted in the bible  which is 300 Egyptian cubit or 515 feet. Also, they have analysed the   wood they have found in the interior and it has been carbon-dated to  48,000 years ago – the same time of the Noah’s Ark.&lt;/p&gt; &lt;p&gt;Paul Zimansky, a historian and an archaeologist at &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="Stony Brook  University" class="yoono-link-hover yoono-link-active-link"&gt;Stony Brook  University&lt;/yoono-highlight&gt;, specializes in studying the region around  Mount Ararat. He said that Mount Ararat, also called Mount &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="Urartu" class="yoono-link-hover yoono-link-active-link"&gt;Urartu&lt;/yoono-highlight&gt;,  is believed to be the resting zone of the Noah’s Ark.&lt;/p&gt;&lt;a href="http://www.gwabble.com/994/noahs-ark-has-been-found-in-mount-ararat-turkey/"&gt;For more: Noah’s Ark Has Been Found in Mount Ararat, Turkey • Gwabble&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-6093500545606141673?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/turkey-noahs-ark-has-been-found-in.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-477782069667654562</guid><pubDate>Tue, 27 Apr 2010 22:18:00 +0000</pubDate><atom:updated>2010-04-27T22:18:51.702Z</atom:updated><title>Wireless Navigation: TomTom to offer real-time traffic info in Europe | Wireless</title><description>TomTom's Go Live 1000 navigation device, set for a European launch this  summer, will offer real-time connection for traffic, weather, and fuel  info on the European continent.  The connectivity across 33 &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="European countries" class="yoono-link-hover yoono-link-active-link"&gt;European countries&lt;/yoono-highlight&gt;  will come via Vodafone. That service will be free for the first year  and cost 50 euros (about $67) annually after that. The GPS device itself  doesn't have a price tag or exact launch date yet. &lt;p&gt; The Go Live 1000 will feature a 500MHz ARM 11 CPU, 4GB of storage, 128MB  of RAM, and a new user interface based on the open-source WebKit  browser engine.&lt;/p&gt;&lt;p&gt; With TomTom's IQ Routes tech, the device will  review past traffic patterns to plan routes. TomTom's HD Traffic system  will analyze and show traffic flows and jams to continually determine  the fastest route, the company said. The device will be able to download  updates and new services remotely via an integrated modem.&lt;/p&gt;&lt;a href="http://news.cnet.com/8301-1035_3-20003504-94.html"&gt;For more: TomTom to offer real-time traffic info in Europe | Wireless - CNET News&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-477782069667654562?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/wireless-navigation-tomtom-to-offer.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-2944193590628312597</guid><pubDate>Tue, 27 Apr 2010 15:28:00 +0000</pubDate><atom:updated>2010-04-27T15:28:27.976Z</atom:updated><title>Goldman Saga Could Take Heat Off Greece - MarketBeat - WSJ</title><description>&lt;p&gt;Today’s  grilling of &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="Goldman Sachs Group" class="yoono-link-hover yoono-link-active-link"&gt;Goldman Sachs Group&lt;/yoono-highlight&gt;  by the &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="U.S. Senate" class="yoono-link-hover yoono-link-active-link"&gt;U.S. Senate&lt;/yoono-highlight&gt;  is likely to be the main  event for traders around the world. That  could temporarily ease tensions in  Europe’s wobbly bond markets, where  fears of full-blown contagion from  Greece’s debt problems are growing.&lt;/p&gt; &lt;p&gt;Goldman  CEO &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="Lloyd Blankfein" class="yoono-link-hover yoono-link-active-link"&gt;Lloyd Blankfein&lt;/yoono-highlight&gt;  will tell the Senate Permanent Subcommittee on  Investigations that his  firm didn’t consistently bet against the residential  housing market or  bet against clients. Earlier this month, the U.S. Securities  and  Exchange Commission shocked markets by alleging that Goldman and trader   Fabrice Tourre committed fraud by selling a mortgage-related security  without  telling investors that a hedge-fund betting against the deal  had helped create  it.&lt;/p&gt; &lt;p&gt;It’s a  sure bet that traders in the City, London’s financial  district, will be breaking  out the popcorn and turning on the TVs when  the Senate hearing commences around  10 a.m. Washington, DC-time. The  schadenfreude is almost palpable; many of  Goldman’s long-time rivals  probably feel like the firm hasn’t stumbled during  this &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="financial crisis" class="yoono-link-hover yoono-link-active-link"&gt;financial crisis&lt;/yoono-highlight&gt;  as much as it should have.&lt;/p&gt;&lt;a href="http://blogs.wsj.com/marketbeat/2010/04/27/goldman-saga-could-take-heat-off-greece/"&gt;For more: Goldman Saga Could Take Heat Off Greece - MarketBeat - WSJ&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-2944193590628312597?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/goldman-saga-could-take-heat-off-greece.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-2591179215008902181</guid><pubDate>Tue, 27 Apr 2010 10:40:00 +0000</pubDate><atom:updated>2010-04-27T10:40:55.785Z</atom:updated><title>Soccer: Rising star Oar believes time is right for Europe move</title><description>&lt;p&gt;Teenage Socceroos sensation Tommy Oar is confident he's making a move  to Europe at the perfect time to further his promising career.&lt;/p&gt;              &lt;p&gt;The 18-year-old World Cup hopeful, who impressed on debut  for Australia against Indonesia last month, will link up with Dutch  club FC Utrecht next season on a five-year deal.&lt;/p&gt;              &lt;p&gt;Oar will be accompanied by former Brisbane Roar teammates  Michael Zullo and Adam Sarota, who were each signed for three seasons  in a package deal with the A-League club.&lt;/p&gt;&lt;a href="http://www.smh.com.au/sport/rising-star-oar-believes-time-is-right-for-europe-move-20100427-tppi.html"&gt;For more: Rising star Oar believes time is right for Europe move&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-2591179215008902181?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/soccer-rising-star-oar-believes-time-is.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-539343210174406431</guid><pubDate>Tue, 27 Apr 2010 04:36:00 +0000</pubDate><atom:updated>2010-04-28T13:28:03.772Z</atom:updated><category domain='http://www.blogger.com/atom/ns#'>US Economy</category><title>US Economy: Will The Next Crisis Bankrupt America?</title><description>&lt;div xmlns="http://www.w3.org/1999/xhtml"&gt;"I was disturbed to learn after 9/11 that various intelligence  agencies did not always share information with one another. I thought we learned something from that, but apparently not." said Anton R.  Valukas, Examiner, Lehman Brothers Bankruptcy before the Committee on  Financial Services, United States House of Representatives.&lt;br /&gt;&lt;br /&gt;For  more: &lt;a href="http://www.huffingtonpost.com/lawrence-g-mcdonald/will-the-next-crisis-bank_b_549493.html"&gt;Lawrence G. McDonald: Will The Next Crisis Bankrupt America?&lt;/a&gt;&lt;br /&gt;&lt;h1&gt;      &lt;br /&gt;&lt;div class="user_promo_bubble" id="user_promo_bubble"&gt;&lt;table border="0" cellpadding="0" cellspacing="0" id="user_promo_bubble_table" style="width: 200px;"&gt;&lt;tbody&gt;&lt;tr&gt;    &lt;td class="top_left_user_promo_corner top_user_promo_main"&gt;&lt;br /&gt;&lt;/td&gt;    &lt;td class="top_center_user_promo"&gt;&lt;br /&gt;&lt;/td&gt;    &lt;td class="top_right_user_promo_corner top_user_promo_main"&gt;&lt;br /&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;/div&gt;&lt;/h1&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-539343210174406431?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/us-economy-will-next-crisis-bankrupt.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-7811673749279959456</guid><pubDate>Tue, 27 Apr 2010 01:18:00 +0000</pubDate><atom:updated>2010-04-27T01:18:00.390Z</atom:updated><title>Financial octopus-vampires on the attack against Portugal- by Mario Queiroz</title><description>&lt;div xmlns="http://www.w3.org/1999/xhtml"&gt;&lt;span class="texto1"&gt;&lt;b&gt;Worrying economic indicators and gloomy  forecasts by the International Monetary Fund (IMF) are rapidly making  Portugal a magnet for international speculative capital.&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;Independent lawmaker Rui Tavares, a historian, writing in the local press,  described the international financial actors preparing to attack the  fragile Portuguese economy as "gigantic octopus-vampires" that  manipulate markets to make money.  &lt;br /&gt;&lt;br /&gt;The IMF revised its 2010 forecast for Portugal's economic growth sharply downward on Apr. 20. &lt;br /&gt;&lt;br /&gt;&lt;b&gt;EU-Digest:&lt;/b&gt; &lt;i&gt;After going after Greece financial speculators now are taking on Portugal and not a sole dares to stop them Where are the promised regulations&lt;/i&gt;.&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;&lt;a href="http://www.ipsnews.net/news.asp?idnews=51199"&gt;For more: Portugal Faces Carve-Up by Financial Speculators - IPS ipsnews.net&lt;/a&gt;&lt;br /&gt;&lt;blockquote&gt;&lt;br /&gt;&lt;div class="zemanta-pixie"&gt;&lt;img alt="" class="zemanta-pixie-img" src="http://img.zemanta.com/pixy.gif?x-id=fdfebfe4-94e3-87a4-ad8c-4c17424bac4c" /&gt;&lt;/div&gt;&lt;/blockquote&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-7811673749279959456?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/financial-octopus-vampires-on-attack.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-4054184163673465189</guid><pubDate>Mon, 26 Apr 2010 15:34:00 +0000</pubDate><atom:updated>2010-04-26T15:34:02.059Z</atom:updated><title>Consumer always has to pay up: Air fares 'to rise 5% after ash'</title><description>&lt;div xmlns='http://www.w3.org/1999/xhtml'&gt;The ash cloud crisis and soaring oil prices are likely to  mean a 5.2% rise in air fares this year, according to new figures.  And fares could go up by a further 11.5% in 2011, sending the  average cost of a London to New York economy class ticket up by £62.&lt;p&gt;The figures came from a report by the Centre for Economics and Business  Research produced for e-commerce company Kelkoo.&lt;/p&gt;&lt;p&gt;It put the cost  to airlines of the ash-induced northern European airports' shutdown at  around Euro 1.5 billion by the end of last week.&lt;/p&gt;&lt;div style='overflow: hidden; color: rgb(0, 0, 0); background-color: transparent; text-align: left; text-decoration: none; border: medium none;' id='TixyyLink'&gt;&lt;i&gt;&lt;b&gt;Note EU-Digest: As with the financial crises the consumer always turns up in having to pay the bill...&lt;/b&gt;&lt;/i&gt;&lt;br/&gt;&lt;br/&gt;&lt;a href='http://www.belfasttelegraph.co.uk/breaking-news/uk-ireland/air-fares-to-rise-5-after-ash-14781961.html'&gt;For more: Air fares 'to rise 5% after ash' - UK &amp;amp; Ireland, Breaking News - Belfasttelegraph.co.uk&lt;/a&gt;&lt;br/&gt;&lt;/div&gt;&lt;blockquote/&gt;&lt;br/&gt;&lt;br/&gt;&lt;div class='zemanta-pixie'&gt;&lt;img src='http://img.zemanta.com/pixy.gif?x-id=c35ebb74-47a1-8d3f-8f17-1d5243616867' alt='' class='zemanta-pixie-img'/&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-4054184163673465189?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/consumer-always-has-to-pay-up-air-fares.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-5823573916608566930</guid><pubDate>Mon, 26 Apr 2010 15:27:00 +0000</pubDate><atom:updated>2010-04-26T15:29:59.356Z</atom:updated><title>EU to overhaul air traffic system after ash chaos - by Slobodan Lekic</title><description>&lt;div xmlns='http://www.w3.org/1999/xhtml'&gt;The European Union (EU) will this week start overhauling its air traffic  control system after the crisis caused by volcanic ash, which turned  much of Europe into a no-fly zone for days.        &lt;p&gt;      &lt;/p&gt;&lt;p&gt; “The worst is over, but a huge amount of work must be done to deal with crisis management,” EU Transport Commissioner Siim Kallas  said.&lt;/p&gt;        &lt;p&gt;      &lt;/p&gt;&lt;p&gt; Germany has invited aviation experts, EU officials and  industry representatives to Berlin tomorrow to discuss setting air  travel standards, and Spain — which holds the EU’s rotating presidency — said EU transport ministers would meet next Tuesday for talks on a  unified European airspace.&lt;/p&gt;&lt;a href='http://www.businessday.co.za/articles/Content.aspx?id=107204'&gt;For more: BusinessDay - EU to overhaul air traffic system after ash chaos&lt;/a&gt;&lt;br/&gt;&lt;blockquote/&gt;&lt;br/&gt;&lt;br/&gt;&lt;div class='zemanta-pixie'&gt;&lt;img src='http://img.zemanta.com/pixy.gif?x-id=01ffbe35-2321-80ec-a978-713a8d102d60' alt='' class='zemanta-pixie-img'/&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-5823573916608566930?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/eu-to-overhaul-air-traffic-system-after.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-529184368422603885</guid><pubDate>Sun, 25 Apr 2010 20:05:00 +0000</pubDate><atom:updated>2010-04-25T20:05:10.129Z</atom:updated><title>Germany and France get tough with Greece - Crisis : news, world | euronews</title><description>&lt;p&gt;Europe’s economic big boys France and Germany have promised to take a  hardline with Greece in exchange for financial support. French finance minister &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="Christine Lagarde" class="yoono-link-hover yoono-link-active-link"&gt;Christine Lagarde&lt;/yoono-highlight&gt;  insisted she will hold &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="Athens" class="yoono-link-hover yoono-link-active-link"&gt;Athens&lt;/yoono-highlight&gt;  to account after it was forced to go cap in hand to the EU and &lt;span class="caps"&gt;IMF&lt;/span&gt; on Friday for a massive bailout.  &lt;/p&gt;   &lt;p&gt;Serious doubts have emerged over whether the 45 billion euros asked  for will be enough. Germany’s finance chief &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="Wolfgang Schäuble" class="yoono-link-hover yoono-link-active-link"&gt;Wolfgang Schäuble&lt;/yoono-highlight&gt;  also said further difficult steps by Greece were needed to grapple with  its deficit.&lt;/p&gt;&lt;a href="http://www.euronews.net/2010/04/25/germany-and-france-get-tough-with-greece/"&gt;For more: Germany and France get tough with Greece - Crisis : news, world | euronews&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-529184368422603885?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/germany-and-france-get-tough-with.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-5654076685947043855</guid><pubDate>Sun, 25 Apr 2010 19:05:00 +0000</pubDate><atom:updated>2010-04-25T19:05:13.631Z</atom:updated><title>US officials watched internet porn during recession</title><description>&lt;div xmlns='http://www.w3.org/1999/xhtml'&gt;&lt;span class='ver12blkht'&gt;&lt;p align='justify'&gt; US Securities and Exchange  Commission (SEC) officials meant to mend the  &lt;a onclick='javascript:loaddiv(&amp;apos;economy&amp;apos;,event);' onmouseout='javascript:this.style.textDecoration=&amp;apos;none&amp;apos;;' title='Search the web' onmouseover='javascript:this.style.textDecoration=&amp;apos;underline&amp;apos;;' style='color: blue; font-family: Verdana,Arial,Helvetica,sans-serif; font-size: 12px; font-weight: normal; line-height: 18px; cursor: pointer; text-decoration: none;'&gt;economy&lt;/a&gt; during the  recession spent much of their working hours surfing the internet for  pornography instead. &lt;/p&gt;&lt;p align='justify'&gt; An investigation by the SEC at the request of Senator Chuck Grassley  found 31 employees of SEC spent hours on the commission's official  computers looking at pornography sites over the past two and a half  years, ABC News reported Friday.	 &lt;/p&gt;&lt;p align='justify'&gt; 	 &lt;/p&gt;&lt;p align='justify'&gt; Seventeen of the offenders were senior officers with salaries ranging  from $100,000 to $222,000 per year.	 &lt;/p&gt;&lt;p align='justify'&gt; 	 &lt;/p&gt;&lt;p align='justify'&gt; One senior attorney at the headquarters in Washington spent up to eight  hours a day accessing internet porn. When he filled all the space on his government computer with pornographic images, he downloaded more to CDs and DVDs that accumulated in boxes in his offices, the report said.&lt;/p&gt;&lt;/span&gt;&lt;a href='http://sify.com/news/us-officials-watched-internet-porn-during-recession-news-international-keylEccghdi.html'&gt;For more: US officials watched internet porn during recession&lt;/a&gt;&lt;br/&gt;&lt;blockquote/&gt;&lt;br/&gt;&lt;br/&gt;&lt;div class='zemanta-pixie'&gt;&lt;img src='http://img.zemanta.com/pixy.gif?x-id=7fc5a603-3701-8736-b0b0-7b610d6fedaa' alt='' class='zemanta-pixie-img'/&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-5654076685947043855?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/us-officials-watched-internet-porn.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-3571748650608371321</guid><pubDate>Sun, 25 Apr 2010 19:01:00 +0000</pubDate><atom:updated>2010-04-25T19:01:19.859Z</atom:updated><title>Putin says: Russia can fuel Europe for a century</title><description>&lt;div xmlns='http://www.w3.org/1999/xhtml'&gt;&lt;p&gt;  &lt;span&gt;Austria has joined Bulgaria, Serbia, Hungary, Greece, Slovenia and Croatia in agreeing to host sections of the Russian South Stream gas  pipeline to Southeastern, Southern and Central Europe. The pipe will run under the Black Sea to Bulgaria and then branch in the directions of  Greece, Italy and also Austria and Slovakia. The flow should amount to  65 billion cubic metres a year. Austria alone should get at least 2  billion cubic metres. The pipe’s resource base can ensure a stable  supply for at least a century.&lt;/span&gt;&lt;span&gt;&lt;span&gt;      &lt;/span&gt;&lt;/span&gt;  &lt;/p&gt;&lt;a href='http://english.ruvr.ru/2010/04/24/6864823.html'&gt;For more: Russia can fuel Europe for a century – Putin: Voice of Russia&lt;/a&gt;&lt;br/&gt;&lt;blockquote/&gt;&lt;br/&gt;&lt;br/&gt;&lt;div class='zemanta-pixie'&gt;&lt;img src='http://img.zemanta.com/pixy.gif?x-id=2611b3df-1675-8542-9096-a6bf8b50e21f' alt='' class='zemanta-pixie-img'/&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-3571748650608371321?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/putin-says-russia-can-fuel-europe-for.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-9074454579485378716</guid><pubDate>Sat, 24 Apr 2010 22:11:00 +0000</pubDate><atom:updated>2010-04-24T22:11:15.799Z</atom:updated><title>UK elections: Thanks to debates, the UK heads for a political crisis</title><description>&lt;p&gt;The usual third-running Liberal Democrats party has leapt into second  place, and the Scottish and Welsh nationalist parties are expected to  pick up seats.&lt;/p&gt;             &lt;p&gt;The country is heading for a result that is genuinely  unpredictable and that promises to spark a full-blown crisis of  political legitimacy. It is quite likely that Labour will get the least  number of votes but retain the largest number of seats, and the Liberal  Democrats will have half the seats of the other parties for about the  same vote. Any relationship between voting numbers and representation  will be visibly sundered.&lt;/p&gt;             &lt;p&gt;This can all be put down to one single cause: the  debates. For the first time in &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="British history" class="yoono-link-hover yoono-link-active-link"&gt;British history&lt;/yoono-highlight&gt;,  party leaders agreed to a series of three debates. Even if Labour achieves only a 28 per cent vote, they will take around  280 seats in the 650-seat Parliament; the Tories on 33 per cent will get  245 seats, and the Lib Dems on 29 per cent will get only around 95. The  seats would suggest that the Lib Dems then support Labour, the raw vote  would suggest they support the Tories.&lt;/p&gt;&lt;a href="http://www.theage.com.au/world/thanks-to-debates-the-uk-heads-for-a-political-crisis-20100424-tkh3.html"&gt;For more: Thanks to debates, the UK heads for a political crisis&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-9074454579485378716?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/uk-elections-thanks-to-debates-uk-heads.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-8040127114724288345</guid><pubDate>Sat, 24 Apr 2010 22:00:00 +0000</pubDate><atom:updated>2010-04-24T22:00:00.460Z</atom:updated><title>Obama Says Reforms To Hold Street Accountable Should Continue, Despite Revival In Auto Industry</title><description>In his weekly address President &lt;a itxtdid="7260879" target="_blank" href="http://www.rttnews.com/Content/TopStories.aspx?Node=B1&amp;amp;Id=1279807&amp;amp;Category=Top%20Stories#" style="font-weight: normal ! important; font-size: 100% ! important; text-decoration: none ! important; border-bottom: 1px solid blue ! important; padding-bottom: 0px ! important; color: blue ! important; background-color: transparent ! important; background-image: none; padding-top: 0pt; padding-right: 0pt; padding-left: 0pt;" classname="iAs" class="iAs"&gt;&lt;nobr style="color: blue; font-weight: normal; font-size: 100%; font-family: Verdana;" id="itxt_nobr_1_0"&gt;Obama&lt;img style="display: inline ! important; height: 10px; width: 10px; position: relative; top: 1px; left: 1px; padding: 0pt; margin: 0pt; float: none; border: 0pt none;" name="itxt-icon-0" src="http://images.intellitxt.com/ast/adTypes/mag-glass_10x10.gif" /&gt;&lt;/nobr&gt;&lt;/a&gt;  said though the auto industry is more stable today and showing the  strongest growth in the decade, reforms to hold Wall Street accountable  should continue. He added that the reforms would put an end - once and  for all - to taxpayer bailouts and restore trust and confidence in  market.&lt;br /&gt;&lt;br /&gt;Remembering the potentially devastating crisis in auto  industry one year ago, Obama said now General Motors announced that it  has repaid its loan to taxpayers with interest five years ahead of  schedule, and Chrysler Financial has already fully repaid with interest  its loan as well.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://www.rttnews.com/Content/TopStories.aspx?Node=B1&amp;amp;Id=1279807&amp;amp;Category=Top%20Stories"&gt;For more: Obama Says Reforms To Hold Street Accountable Should Continue, Despite Revival In Auto Industry&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-8040127114724288345?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/obama-says-reforms-to-hold-street.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-2583634244277093997</guid><pubDate>Sat, 24 Apr 2010 19:04:00 +0000</pubDate><atom:updated>2010-04-24T19:04:57.721Z</atom:updated><title>Iceland volcano: eruption 'could just be rehearsal' for worse ash chaos if Katla blows -by Philip Sherwell</title><description>&lt;p&gt;On the first official day of Icelandic summer, a bitter sub-zero wind  whipped newly-fallen snow across the majestic mountain glacier that  enveloped the crater of the Katla volcano.&lt;/p&gt;   &lt;p&gt;The solitude and serenity was disturbed only by the rumbles from  its cloud-shrouded and now notorious neighbour Eyjafjallajökull, whose  violent eruptions paralysed international air travel for a remarkable  week.The usually pristine white wilderness was dotted with dirty smudges of  crusty ash deposited in recent days. And several miles below the 2,000  ft thick ice field, the magna chambers of a volcano that has some 10  times the power of Eyjafjallajökull are long "overdue" an eruption after  an unprecedented 92 years of inactivity.&lt;/p&gt;&lt;a href="http://www.telegraph.co.uk/news/worldnews/europe/iceland/7629066/Iceland-volcano-eruption-could-just-be-rehearsal-for-worse-ash-chaos-if-Katla-blows.html"&gt;For more: Iceland volcano: eruption 'could just be rehearsal' for worse ash chaos if Katla blows - Telegraph&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-2583634244277093997?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/iceland-volcano-eruption-could-just-be.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-3187705776595754747</guid><pubDate>Sat, 24 Apr 2010 11:56:00 +0000</pubDate><atom:updated>2010-04-24T11:56:38.465Z</atom:updated><title>A fateful day for the eurozone - by Gavin Hewitt</title><description>&lt;div xmlns='http://www.w3.org/1999/xhtml'&gt;&lt;p&gt;Friday will be remembered as &lt;a href='http://news.bbc.co.uk/2/hi/business/8639440.stm'&gt;the day the euro  needed rescuing&lt;/a&gt;. Sure it is Greece that has asked to be bailed out  but it was still a day that the architects of the single currency had  never envisaged. For when it came to it, there were no plans to save a  euro member in trouble. &lt;br/&gt;&lt;/p&gt;&lt;p&gt;The last few months have been a long, agonising drama. It is the  financial markets that have been in the driving seat. The politicians,  the eurozone countries, the European Central Bank, the European Union  have all played catch-up, scrambling to put together a rescue plan. Now  Europe is faced with what is potentially the biggest ever bail-out of a  country.  &lt;/p&gt;&lt;p&gt;The rescue pot is around £40bn. Two-thirds of it will come from  eurozone countries and &lt;a href='http://news.bbc.co.uk/2/hi/business/8641309.stm'&gt;one-third from  the IMF&lt;/a&gt;. For a long period, European countries resisted any  involvement from the IMF. Pride stood in the way. They feared that the  reputation of the euro would be tarnished. It has been. If they had  turned to the IMF earlier, however, the pain might have been less and  the crisis shorter.&lt;/p&gt;&lt;p&gt;&lt;b&gt;Note EU-Digest:&lt;/b&gt; &lt;i&gt;Obviously this is a British viewpoint which by default is always skeptical about the capabilities of any other European country or the EU to be able to handle a crises, but it financial or political.&lt;br/&gt;&lt;/i&gt;&lt;/p&gt;    &lt;a href='http://www.bbc.co.uk/blogs/thereporters/gavinhewitt/2010/04/a_fateful_day_for_the_eurozone.html'&gt;For more: BBC - Gavin Hewitt's Europe: A fateful day for the eurozone&lt;/a&gt;&lt;br/&gt;&lt;blockquote/&gt;&lt;br/&gt;&lt;br/&gt;&lt;div class='zemanta-pixie'&gt;&lt;img src='http://img.zemanta.com/pixy.gif?x-id=ac84b176-b09f-8c73-aced-c7467bf9aee0' alt='' class='zemanta-pixie-img'/&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-3187705776595754747?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/fateful-day-for-eurozone-by-gavin.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-4301646037459054405</guid><pubDate>Fri, 23 Apr 2010 18:38:00 +0000</pubDate><atom:updated>2010-04-23T18:38:31.182Z</atom:updated><title>Wall Street: Three simple fixes for Wall Street's reckless ways</title><description>&lt;p&gt;Most thoughtful observers agree that Wall Street's crazy casino  culture contributed mightily to last year's &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="global financial  crisis" class="yoono-link-hover yoono-link-active-link"&gt;global financial  crisis&lt;/yoono-highlight&gt;, and the economic meltdown that followed.&lt;/p&gt;&lt;p&gt;By  manufacturing impenetrably complex debt bombs that promptly exploded in  the hands of unwary investors, Wall Street's pocket-lining paper  shufflers brought the &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="financial system" class="yoono-link-hover yoono-link-active-link"&gt;financial system&lt;/yoono-highlight&gt;  to its knees.&lt;/p&gt;&lt;p&gt;While Wall Street is already back to its &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="old ways" class="yoono-link-hover yoono-link-active-link"&gt;old ways&lt;/yoono-highlight&gt;,  racking up huge profits and doling out big bonuses, American taxpayers  are stuck with the tab. They'll be paying the price for years.&lt;/p&gt;&lt;a href="http://www.edmontonjournal.com/technology/Three+simple+fixes+Wall+Street+reckless+ways/2936967/story.html"&gt;For more:Three simple fixes for Wall Street's reckless ways&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-4301646037459054405?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/wall-street-three-simple-fixes-for-wall.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-3855795360059895777</guid><pubDate>Fri, 23 Apr 2010 17:33:00 +0000</pubDate><atom:updated>2010-04-23T17:33:18.813Z</atom:updated><title>A Turkish Martin Luther?  -Dr. Elie Elhadj</title><description>&lt;p&gt;The BBC reported on February 26, 2008 that Turkey's Department of  Religious Affairs has commissioned a team of theologians at Ankara  University's School of Theology to carry out a revision of the Hadith,  the sayings of the Prophet. An adviser to the project says some of the  sayings can be shown to have been invented hundreds of years after the &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="Prophet Muhammad" class="yoono-link-hover yoono-link-active-link"&gt;Prophet Muhammad&lt;/yoono-highlight&gt;  died, to serve the purposes of &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="contemporary  society" class="yoono-link-hover yoono-link-active-link"&gt;contemporary  society&lt;/yoono-highlight&gt;.&lt;/p&gt; &lt;p&gt;Turkey, yet again takes the lead in trying to usher the &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="Muslim world" class="yoono-link-hover yoono-link-active-link"&gt;Muslim world&lt;/yoono-highlight&gt;  into the modern age. However, the challenge ahead is formidable.  Accusations of heresy and apostasy will be flying around by those who  have an interest in maintaining the status quo—Islamists, extremist  ulama and their political benefactors, especially from the Arab world.  The following explains the nature of the controversy and the reasons for  being cautious with guarded optimism.&lt;/p&gt;&lt;p&gt;Is Turkey's undertaking likely to succeed? Among moderate Muslims, the  answer is positive. However, among the orthodox, especially among the  Arab orthodox, the answer is negative. The Quran describes the Arab  peoples as the "best people evolved to mankind" (3:110). The Prophet,  His companions, the Quran, and the Sanctuaries in Mecca, Medina, and &lt;yoono-highlight onmouseout="___yoonoLink.onYoonoOut(this)" onmouseover="___yoonoLink.onYoonoOver(event,this)" onclick="___yoonoLink.onYoonoClick(this)" keywords="Jerusalem" class="yoono-link-hover yoono-link-active-link"&gt;Jerusalem&lt;/yoono-highlight&gt;  are all Arabic. Arabs feel they are the guardians of an Arabic  religion.&lt;/p&gt;&lt;a href="http://www.weeklyblitz.net/681/a-turkish-martin-luther"&gt;For more: A Turkish Martin Luther? :: Weekly Blitz&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-3855795360059895777?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/turkish-martin-luther-dr-elie-elhadj.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item><item><guid isPermaLink='false'>tag:blogger.com,1999:blog-7267356.post-8023748174644061979</guid><pubDate>Fri, 23 Apr 2010 13:06:00 +0000</pubDate><atom:updated>2010-04-23T13:06:54.273Z</atom:updated><title>British Elections: Liberal Democrat Nick Clegg also wins debate</title><description>&lt;div xmlns='http://www.w3.org/1999/xhtml'&gt;&lt;div class='introduction'&gt;&lt;p&gt; 	Following tonight’s second leadership debate held in Bristol, a snap  poll held by The Drum has found that Nick Clegg has once again been  voted the winner by the creative industries.&lt;/p&gt; &lt;/div&gt;                                                                            									                                                                                                                       	Tonight’s debate, broadcast on Sky News, saw 60 percent of voters  choose the Liberal Democrat Leader as the winner of tonight’s debate,  following his victory in the first debate last week.&lt;br/&gt;&lt;br/&gt;23 percent voted for Prime Minister Gordon Brown as tonight’s winner,  while 16 percent voted for Conservative Leader David Cameron.&lt;br/&gt;&lt;br/&gt;&lt;a href='http://www.thedrum.co.uk/news/2010/04/22/13567-nick-clegg-wins-second-general-election-leaders-debate-drum-poll'&gt;For more: Nick Clegg wins second general election leaders' debate Drum poll - News - THE DRUM - Advertising, Design, Media, Marketing, Digital, PR - News, Information &amp;amp; Jobs&lt;/a&gt;&lt;br/&gt;&lt;blockquote/&gt;&lt;br/&gt;&lt;br/&gt;&lt;div class='zemanta-pixie'&gt;&lt;img src='http://img.zemanta.com/pixy.gif?x-id=6a174601-2d38-88f8-812e-961e1670b930' alt='' class='zemanta-pixie-img'/&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7267356-8023748174644061979?l=www.eu-digest.com' alt='' /&gt;&lt;/div&gt;</description><link>http://www.eu-digest.com/2010/04/british-elections-liberal-democrat-nick.html</link><author>noreply@blogger.com (A-News)</author><thr:total>0</thr:total></item></channel></rss>                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        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