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Tag: Germany

Eurozone Private Sector Slows, Signals Recession

Eurozone Private Sector Slows, Signals Recession

Eurozone private sector activity retreated in March, providing new evidence that the 17-nation single currency area is in recession, a key survey showed on Wednesday. The composite Purchasing Managers Index (PMI) compiled by Markit research firm hit a three-month low,

Palestinians honor Helen Thomas for anti-Israel stance

Palestinians honor Helen Thomas for anti-Israel stance

(AP) Palestinians honor columnist Helen ThomasBy DIAA HADIDAssociated PressJERUSALEMThe top Palestinian envoy to the U.S. recently hosted longtime American journalist Helen Thomas at his Washington residence and honored her for taking a tough stand against Israeli occupation, a senior Palestinian

World's Largest Solar Power Plant Goes Bankrupt

World's Largest Solar Power Plant Goes Bankrupt

On Monday, yet another Department of Energy funded solar energy company -the world’s largest solar power plant–filed for bankruptcy. Reuters reports: Solar Trust of America LLC, which holds the development rights for the world’s largest solar power project, on Monday filed

World View: Greece Demands WWII Reparations from Germany

World View: Greece Demands WWII Reparations from Germany

This morning’s key headlines from GenerationalDynamics.com. Pakistan will deport Osama bin Laden’s wives and children Pacific tensions build as North Korea approaches long-range missile launch Kurds halt oil exports to Baghdad, increasing sectarian tensions Euro zone unemployment soars to historic

Euro unemployment spikes to record 10.8 percent

Euro unemployment spikes to record 10.8 percent

(AP) Euro unemployment spikes to record 10.8 percentBy PAN PYLASAP Business WriterLONDONUnemployment in the 17 countries that use the euro hit its highest level since the currency was introduced back in 1999, official figures showed Monday, adding to fears that

EU Eyes Tax on Financial Transactions

EU Eyes Tax on Financial Transactions

(AP) EU eyes small tax on share purchasesBy GABRIELE STEINHAUSER and JAN M. OLSENAssociated PressCOPENHAGEN, DenmarkTentative support from Sweden for a small levy on share purchases may open the door for a limited tax on financial transactions in the European

Eurozone gets $670 billion in fresh bailout funds

Eurozone gets $670 billion in fresh bailout funds

(AP) Eurozone gets $670 billion in fresh bailout fundsBy GABRIELE STEINHAUSER and JAN M. OLSENAssociated PressCOPENHAGEN, Denmark The 17 countries that use the euro have boosted their emergency funding for debt-troubled countries to (EURO)800 billion ($1.1 trillion), an amount that

Muslim Marriage Advice Book Endorses Domestic Violence

Muslim Marriage Advice Book Endorses Domestic Violence

The late comedian-violinist Henny Youngman’s emblematic one-liner was “Take my wife–please!” Now an Islamic Bookstore in Toronto, Canada was discovered selling a book titled A Gift for Muslim Couple, which promotes a brutal variant on Youngman’s comedic theme. Illustrating the

Reebok Regrets "Cheat On Your Girlfriend" Ad Campaign

Reebok Regrets "Cheat On Your Girlfriend" Ad Campaign

Bad marketing travels fast. That’s the lesson Reebok learned the hard waythis week after ads placed in a handful of locker rooms in Germany madetheir way stateside via social mediasites: The motivational ad campaign’s full tagline is “cheat on yourgirlfriend,

Dem Rep: Nazis Bombed Pearl Harbor

Dem Rep: Nazis Bombed Pearl Harbor

O’REILLY: Congressman, the reason we like you as a guest is because you’re an honest man, But I will point to history. I will point to history. The same mindset was taken when dealing with Nazi Germany. We’re not going

UN Urges Iran to Reconsider Death Penalty

UN Urges Iran to Reconsider Death Penalty

(AFP) The United Nations called on Iran to ban the death penalty in cases that do not meet standards of “serious crime” as defined by international law, according to a report to be published Monday. In the report, special UN

McCain/Palin Advisor on HBO's 'Game Change': It's a Lie

McCain/Palin Advisor on HBO's 'Game Change': It's a Lie

The scene discussed below is from HBO’s “Game Change,” adapted by screenwriter Danny Strong from the book of the same name by Mark Halperin and John Heilemann. Based upon our sources, and recent comments made in a conference call that included foreign

Greece Approves Salary, Pension Cuts Required for New Bailout

Greece Approves Salary, Pension Cuts Required for New Bailout

ATHENS, Greece (AP) – Greece’s Parliament late on Tuesday approved new cuts in public sector pensions and government spending required to secure a second package of international rescue loans. Lawmakers voted 202-80 in favor of cutbacks worth a total euro3.2

German Lawmakers Approve New Greek Bailout Bill

BERLIN (AP) – The German parliament approved a second, euro130 billion ($173 billion) loan package for Greece on Monday after Chancellor Angela Merkel warned lawmakers that it would be irresponsible to abandon the country to bankruptcy. Although the motion was