In the spring of this year, Al-Qaeda’s Inspire magazine called for operatives to set forest fires in the U.S., yet a connection between the terrorist group and our fires was never made. However, The Telegraph is reporting that the connection
Unemployment continues to climb throughout the Eurozone, with figures at highs of 25.1 percent in Spain and 24.4 percent in Greece. But in Germany, where leaders have called for a more federal Europe, unemployment is approximately 5.5 percent. This news
This morning’s key headlines from GenerationalDynamics.com Violent tactics by riot police cause bloodshed in Madrid, Spain Ethnic Russian nationalism drives move to separate the North Caucasus from Russia The age of disillusion haunts senior citizens in China Violent tactics by
France’s public debt jumped in the second quarter of the year, official data showed on Friday as the finance minister pledged to bring its public deficit back to within EU limits by next year. The debt, which includes national, local
By PAN PYLASAP Business WriterLONDONMarket trading proved volatile Friday _ the last working day of the quarter _ as investors continued to fret over Spain. Trading is often complicated at the quarter’s end as it is the deadline for certain
(AP) BERLINGermany’s Finance Ministry says Berlin and Paris have jointly appealed to the European Union’s executive to prepare the introduction of a tax on financial transactions. The proposal has failed to secure a majority within the 27-nation EU. Germany and France
This morning’s key headlines from GenerationalDynamics.com: Police fire teargas at massive anti-austerity riots in Athens Greece Eurozone agreement forged in June appears near collapse Greece accuses Turkey of ramming in the Aegean Sea Japan vows no compromise on Senkaku Islands
By PAN PYLASAP Business WriterLONDONMarkets were spooked Wednesday by scenes of violent protests on the streets of Athens and Madrid, which reignited concerns over Europe’s ability to implement the measures needed to deal with its big debts. A day after
This morning’s key headlines from GenerationalDynamics.com: France and Germany clash sharply over debt crisis solution New U.N. ‘peace envoy’ to Syria dithers, describing a grim situation Catalonia will vote for independence from Spain on Thursday France and Germany clash sharply
Do you remember the movie “Bullworth?” Warren Beatty was a candidate for U.S. Senate who had a big problem. He told the raw, unvarnished truth. The media was shocked and horrified. Voters were befuddled and angry – at first. Can you
This morning’s key headlines from GenerationalDynamics.com: Libya citizens storm Benghazi Islamist militia hq in backlash against Consulate attack Bailout talks for Greece collapse once again Capital flight is leading to the disintegration of the eurozone Fifteen killed in violent anti-American
This morning’s key headlines from GenerationalDynamics.com: Spain’s Catalonia region demands economic independence from Spain Libya’s account of killing of U.S. ambassador contradicts American account Anti-American protests spread across cities in Pakistan Anti-American protests quieting as Muslims debate Islam versus tolerance
(AP) Market mood sours after downbeat economic newsBy PAN PYLASAP Business WriterLONDONThe mood in financial markets turned sour Thursday after a round of disappointing economic news illustrated the scale of the global economic downturn. Figures from Europe, Japan and China
By CARLO PIOVANOAssociated PressLONDONGlobal markets mostly fell Tuesday as investors worried about the global growth outlook and Spain’s apparent delay in accepting a financial aid package. Spain’s markets have improved in recent weeks on expectations that the government will get
The young actor Henry Cavill (“Immortals,” “The Tudors”) has played a variety of characters during his short career, but his biggest role is still ahead of him. Next year, Cavill will don tights and star as Superman in the highly
The Pentagon deployed two warships, the USS Laboon and the USS McFaul, to Libya Wednesday evening after radical Islamists attacked the U.S. consulate on the eleventh anniversary of 9/11, killing the U.S. Ambassador to Libya. According to reports from the Associated
This morning’s key headlines from GenerationalDynamics.com: Protesters attack U.S. Embassy in Cairo Egypt U.S. consulate employee killed in attack on Libya embassy Catalonia demands independence from Spain Germany’s Constitutional Court to rule on legality of bailouts Greece to determine WW
This morning’s key headlines from GenerationalDynamics.com: ECB announces huge new unlimited bailout program Stocks returning to height of 2007 bubble levels Hungary rejects IMF/EU’s austerity demands for a bailout 60 migrants drown in smuggling attempt from Turkey to Greece ECB
By SARAH DiLORENZOAP Business WriterPARISEurope’s debt crisis is pushing the 17-country eurozone toward recession and dragging down the global economy, the Organization for Economic Cooperation and Development said Thursday. Even growth in traditional economic powerhouse Germany is slowing, and the
By DAVID McHUGHFRANKFURT, GermanyThe European Central Bank unveiled its most ambitious plan yet to halt Europe’s financial crisis on Thursday with a pledge to buy unlimited amounts of the government bonds of countries struggling to manage their debts. Large-scale purchases
This morning’s key headlines from GenerationalDynamics.com Bullfights to the death being televised in Spain and Portugal Eurozone demands that Greeks should work six days a week Six thousand would-be immigrants wait in Turkey to be smuggled into Greece Televised speeches
First Lady Michelle Obama’s pitch to voters last night relied on the premise that she and her husband understand what it is to struggle to make ends meet. She spoke movingly about their early years–about how a young Barack Obama
(AP) Survey finds US competitive ranking down againBy PAN PYLASAP Business WriterLONDONThe United States’ ability to compete on the global stage has fallen for the fourth year running as confidence in the country’s politicians continues to decline, an annual survey
The U.S. national debt surpassed $16 trillion on Tuesday as the Democratic National Convention convened. When President Barack Obama was sworn into office, the country’s debt was under $10 trillion, which means under Obama the country’s debt has increased by
By HAROLD HECKLE and JORGE SAINZAssociated PressMADRIDThe Spanish government will inject another (EURO)6 billion ($7.5 billion) into its bank rescue fund to cope with growing problems in its financial sector as it awaits a loan from its 16 partner countries
By BARRY HATTON and HAROLD HECKLEAssociated PressMADRIDSpain’s ailing banks won’t likely need to tap all the €100 billion ($125.7 billion) that’s been made available by the country’s euro partners, Economy Minister Luis de Guindos said Monday. In a further indication
This morning’s key headlines from GenerationalDynamics.com: World food prices jump another 10% in July Putin’s spokesman criticizes Romney for toughness on Russia Money continues to flood out of Spain World food prices jump another 10% in July After a big
(AP) Spain approves ‘bad bank’ for toxic assetsBy CIARAN GILESAssociated PressMADRIDSpain’s government made a further attempt at solving its economic crisis Friday when it approved a new package of measures to create a “bad bank” to handle the country’s toxic
(AP) ROMEItaly has paid lower rates to easily sell (EURO)6.5 billion ($8.15 billion) in treasury bonds, the third auction this week that saw the country’s borrowing rates drop amid increased investor confidence in the country. Italy’s central bank said Thursday it
This morning’s key headlines from GenerationalDynamics.com: Catastrophic oil refinery explosion in Venezuela threatens Chavez’s reelection New rioting in Kenya after assassination of al-Qaeda linked cleric Proposal for ECB to purchase toxic bonds gathers steam Catastrophic oil refinery explosion in Venezuela
By FRANK JORDANSAssociated PressBERLINGermany’s economy minister has rejected calls for Greece to get more time to implement economic reforms, saying in an interview Sunday that Athens needs to respect the bailout deal reached with its international creditors. Philipp Roesler’s comments
By JIM VERTUNOAP Sports WriterAUSTIN, TexasThe U.S. Anti-Doping Agency said Thursday night it will strip Lance Armstrong of his unprecedented seven Tour de France titles after he declared he was finished fighting the drug charges that threaten his legacy as
Investors accepted negative interest rates again to lend money to the EU’s bailout fund on Tuesday, according to the German central bank, which managed the issue. The Bundesbank said in a statement that the European Financial Stability Facility placed 1.499
European stock markets were mostly softer on Monday and the euro fell back against the dollar as markets focused on the eurozone after the ECB termed a report on mooted bond purchases “misleading.” In afternoon trading, London’s FTSE 100 index
This morning’s key headlines from GenerationalDynamics.com South Africa racial tensions revived with bloody mine workers confrontation BBC’s Humphrey Hawksley scammed by HSBC bank Japanese officials to visit disputed islands after ‘stunt’ by Chinese activists China protests visit by Japanese nationalists
This morning’s key headlines from GenerationalDynamics.com Angela Merkel praises Canada for not ‘living on borrowed money’ Greece postpones request for extension of austerity requirements Spain’s debt spiral accelerates at high speed In ironic twist, Assad’s planes kill ally’s kidnap victims
By PAN PYLASAssociated PressLONDONEurope is edging closer to recession, dragged down by the crippling debt problems of the 17-country euro bloc, official figures showed Tuesday. Eurostat, the European Union’s statistics agency, revealed that the economies of both the eurozone and
Investors paid to lend Germany money for six months at a debt auction on Monday, the country’s central bank said, as they continue to scramble for the safe haven of Europe’s top economy. The yield, or rate of return, at
By PAUL NEWBERRYAP National WriterLONDONOne more race. Two more laps. And, in all likelihood, an 18th gold medal for Michael Phelps. His final Olympics is turning into quite a victory lap. Phelps will wrap up his swimming career Saturday with
By ANDREA THOMASAssociated PressOTTAWA, Ill.Falling at speeds of up to 220 mph, a group of nearly 140 skydivers shattered the vertical skydiving world record as they flew heads-down in a massive snowflake formation in northern Illinois. Three judges representing the
