By BINAJ GURUBACHARYAAssociated PressKATMANDU, NepalDays after four people died amid a “traffic jam” of climbers scrambling to conquer Mount Everest, Nepal officials said a similar rush up the world’s tallest peak will begin soon, and there’s little they can do
(AP) Analysis: G-8 stress growth, but means are scarceBy DAVID McHUGHAP Business WriterWASHINGTONPresident Barack Obama and other leaders of wealthy nations underscored an increasing consensus that their countries need to adopt growth measures alongside relentless budget cutbacks to work their
In another sign that the financial crisis in Europe is worsening, Bankia, Spain’s fourth biggest bank, which was formed in 2010 through a merger of seven regional savings institutions, is suffering from a recent run on the bank of l
European stock markets fell in opening trade on Monday, rattled by ongoing political uncertainty in Greece. London’s benchmark FTSE 100 index slid 0.80 percent to 5,531.21 points, Frankfurt’s DAX 30 shed 1.31 percent to 6,494.25 points and in Paris the
Greece must respect the terms and timetable of its reform programme agreed as part of an EU-IMF bailout as the “only and right” way out of its debt crisis, the German finance ministry warned Monday. The comments came as eurozone
This morning’s key headlines from GenerationalDynamics.com. World View will resume on Thursday China blames Philippines for escalating tensions and endangering Chinese nationals China denies preparing for war with the Philippines China repudiates international arbitration It’s ‘strategic pivot’ to Asia brings
Check out this interview courtesy of ReasonTV to inform yourself on Europe’s current “austerity” debate and what it could mean for America. Just how wise is the wisdom of liberal Paul Krugman? From Nobel laureate Paul Krugman to the free-market-friendly
Spain head to Euro 2012 looking to make history but their bid for a third consecutive major tournament triumph could be hit by fatigue, with top players feeling the effects of several years competing at the highest level. Spain were
On Thursday, President Barack Obama said that Europe would be much better off had it just mimicked Mr. Obama’s economic moves: “We’ve still got headwinds. Europe is still … in a difficult state, partly because they didn’t take some of the decisive
The eurozone was fighting on four fronts on Friday, with deficits clouding growth, Greek membership at risk, Spanish banks in trouble, and the outlook hanging on talks between paymaster Germany and a new French president. EU forecasts showed the eurozone
By DAVID McHUGHAP Business WriterFRANKFURT, Germany Let Greece go. It’s a possibility that’s being considered more and more publicly in Europe. There have been two and a half years of bailouts and broken promises by Greece to reform. The result:
(AP) Horst Faas, AP combat photographer, dies at 79By RICHARD PYLEAssociated PressNEW YORKAs chief of photo operations for The Associated Press in Saigon for a decade beginning in 1962, Horst Faas didn’t just cover the fighting _ he also recruited
The United States opened its banking market to China’s biggest bank ICBC, for the first time clearing a takeover of a US bank by a Chinese state-controlled company. Just days after high-level US-China economic talks in Beijing, the Federal Reserve
This morning’s key headlines from GenerationalDynamics.com. China deploys oil rig as weapon to assert South China Sea claims China hails a ‘new era’ for its oil industry China’s media ‘accidentally’ claims Philippines as part of China China cracks down further
Outgoing French leader Nicolas Sarkozy’s cabinet met for its last session on Wednesday as president-elect Francois Hollande held talks with top Socialists to gear up for next month’s parliamentary vote. Hollande also held consultations on forming a government and preparing
Filmmaker Mike Dorsey grew up hearing remarkable tales of heroism from his grandfather, who was captured by the Nazis during World War II. But when Dorsey realized the ranks of his grandfather’s fellow pilots was dwindling, he knew he had
Have you heard about the burglar arrested in Germany? He’s a real Dumbo who left prints at the crime scenes, except it wasn’t finger prints he left behind, it was ear prints.
BERLIN (Reuters) – Germany is ruling out any substantive shift in its approach to Europe’s debt crisis despite a rising chorus of opposition to Berlin’s austerity policies that reached a crescendo in Sunday’s elections in Greece and France. Chancellor Angela
On May 1st, at Union Sqare in New York, the organizers of Occupy had set up a stage for their invited speakers to address the assembled gaggle of malcontents and totalitarians known as “Occupy”. I saw the flags of Red
Chancellor Angela Merkel faced a knife-edge state election on Sunday that could provide vital clues to Germany’s political landscape 16 months before a national vote likely to hand her a third term. With most eyes fixed on critical national elections
This morning’s key headlines from GenerationalDynamics.com. Hundreds of Egyptians injured as police storm Cairo rally Army says clashes won’t delay Egypt’s historic vote IMF demands more austerity from Egypt to get bailout money Germans on trial for activities in the
A group called Creative Community for Peace is fighting back against the cultural boycott of Israel in the music industry. Made up of 30 leading music executives, talent agents and entertainment lawyers, the CCFP includes music powerhouses who represent luminaries
Veteran actor Samuel L. Jackson must be accustomed to negative movie reviews. “Snakes on a Plane” wasn’t exactly Oscar-worthy. Yet Jackson fired off an angry tweet about New York Times’ movie critic A.O. Scott for the latter’s mildly negative review of
London launched a major military exercise Wednesday to check security responses for the 2012 Olympics, as the final wave of test sports events got under way. Royal Air Force (RAF) Typhoon fighter jets flew into the capital to herald the
This morning’s key headlines from GenerationalDynamics.com. Left and right plan dueling May Day rallies in France Greece’s ultra-nationalist Golden Dawn party promises to expel all non-Greeks Greece opens a controversial detention center for illegal migrants German Right-wing activists plan ‘Mohammed
