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Bank of Greece: recession worse than expected

Bank of Greece: recession worse than expected

(AP) ATHENS, Greece The Bank of Greece warned Tuesday that the country faces a worse-than-expected recession in 2012, with the economy set to shrink 5 percent. It also urged politicians to make a swift return to cost-cutting measures after the

Thousands of Armenians mark genocide anniversary

Thousands of Armenians mark genocide anniversary

Thousands of Armenians staged a procession to a hilltop memorial above the capital on Tuesday to mark the 97th anniversary of the genocide of their kin by Ottoman Turks during World War I. From early morning, crowds of people joined

Sarkozy, Hollande battle to woo conservative voters

Sarkozy, Hollande battle to woo conservative voters

Nicolas Sarkozy and Socialist rival Francois Hollande stepped up their battle on Tuesday for the six million votes that went to the far right in the first round of France’s presidential election. Hollande won Sunday’s first round with 28.6 percent

Russia, China Back Syria Resolution to Aid Assad

Russia, China Back Syria Resolution to Aid Assad

The United Nations Security Council (UNSC) on Saturday voted unanimously to authorize up to 300 unarmed military observers to travel to Syria and try to bring about compliance with the peace plan proposed by former U.N. Secretary General Kofi Annan,

Iran's Drone Announcement Pure Mockery of Obama

Iran's Drone Announcement Pure Mockery of Obama

When a U.S. drone went down in eastern Iran last December, President Obama asked the Iranians if they might return it–pretty please–but they just grinned and said “no.” Now, some five months later, they claim not only to have “recovered

Bad News: World Peace to be Suspended

Bad News: World Peace to be Suspended

Bad news for pacifists–and Los Angeles Lakers fans: World Peace is likely to be suspended, for as many as ten games. Los Angeles Lakers forward Metta World Peace (formerly Ron Artest until the 2011 offseason) is to be punished by

Obama Admin: The War On Terror Is 'Over'

Obama Admin: The War On Terror Is 'Over'

Today, the National Journal reported that a senior State Department official has announced, “The war on terror is over.” “Now that we have killed most of al Qaida,” the source said, “now that people have come to see legitimate means

Russia stock exchange suspends trading

Russia stock exchange suspends trading

MOSCOW, April 23 (Reuters) – Russia’s MICEX-RTS exchange suspended trading on its main stock market section on Monday at 1156 GMT for one hour until the end of the main trading session, the exchange’s spokesman said. Read the rest of

Scapegoating Our Soldiers in Iraq

Scapegoating Our Soldiers in Iraq

The case of Lt. Michael Behenna has all the intrigue and suspense of a Brian Haig political thriller, with the main character a JAG defense attorney. Unfortunately, this is not a novel, but instead a true story of injustice. According

World View: Far-Right Candidate Le Pen Becomes French Kingmaker

World View: Far-Right Candidate Le Pen Becomes French Kingmaker

This morning’s key headlines from GenerationalDynamics.com. Socialist François Hollande wins in first round of France’s presidential elections Marine Le Pen gives ‘victory’ speech after French election Sarkozy gives defiant speech after French election A Hollande victory in France could change

Hollande enjoys upper hand in French elections

Hollande enjoys upper hand in French elections

By GREG KELLERAssociated PressPARISFrancois Hollande charged back into campaign mode Monday with momentum on his side to capture France’s presidency, after the Socialist won the most votes in the first round of voting that put him into a runoff with

Panetta on Latin America tour

Panetta on Latin America tour

US Defense Secretary Leon Panetta begins his first Latin America tour Monday, traveling to Colombia, Brazil and Chile to bolster bilateral military cooperation and regional security ties. Panetta is “looking to expand the defense and security cooperation with three important

Dutch PM Rutte submits resignation to Queen

Dutch PM Rutte submits resignation to Queen

Dutch Prime Minister Mark Rutte tendered his government’s resignation to Queen Beatrix on Monday after the collapse of a parliamentary partnership with a far-right party. The resignation has been widely expected since the weekend when Rutte acknowledged that his government’s

Dutch government quits after austerity talks fail

Dutch government quits after austerity talks fail

By MIKE CORDER and TOBY STERLINGAssociated PressTHE HAGUE, NetherlandsThe Dutch government, one of the most vocal critics of European countries failing to rein in their budgets, quit Monday after failing to agree on a plan to bring its own deficit

UN monitors tour Syria towns as violence persists

UN monitors tour Syria towns as violence persists

United Nations ceasefire monitors were touring towns near the Syrian capital on Monday, an official said, as the European Union slapped new sanctions on the regime of Bashar al-Assad. Neeraj Singh, spokesman for an eight-member advance team of UN observers

Asian stocks lower as China data fails to reassure

Asian stocks lower as China data fails to reassure

Asian markets slipped lower Monday as slightly improved manufacturing data from China failed to dampen fears of a slowdown in the world’s number two economy, as markets took a bearish view. Tokyo gave up early gains to close down 0.20

US eyes sanctions on tech used vs. rebels

US eyes sanctions on tech used vs. rebels

By JULIE PACEAssociated PressWASHINGTONPresident Barack Obama on Monday will announce a plan to impose sanctions against foreign entities and individuals who help authoritarian regimes use technology to crack down on dissidents, an administration official said. Obama signed an executive order

NKorean military warns of 'special actions' soon

NKorean military warns of 'special actions' soon

PYONGYANG, North KoreaNorth Korea promised Monday to reduce South Korea’s conservative government “to ashes” in less than four minutes, in an unusually specific escalation of recent threats aimed at its southern rival. The statement by North Korea’s military, carried by

Turnout solid in French presidential election

Turnout solid in French presidential election

By JAMEY KEATENAssociated PressPARISFrench President Nicolas Sarkozy’s career was on the line Sunday as voters turned out in solid numbers for the first round of France’s presidential election, a contest that could shake up Europe’s political landscape and approach to

EU suspends Myanmar sanctions after reforms

EU suspends Myanmar sanctions after reforms

BY SLOBODAN LEKICAssociated PressLUXEMBOURGThe European Union on Monday suspended its sanctions against Myanmar for a year following a wave of widely praised political reforms in the country, but will retain an embargo on arms sales, officials said. The EU wants