Wednesday, March 31, 2010
Irish Banks Need $43 Billion on ‘Appalling’ Lending (Update3)
http://www.bloomberg.com/apps/news?pid=20601087&sid=apKvzrO2tdLE&pos=1
“Our worst fears have been surpassed,” Finance Minister Brian Lenihan said in the parliament in Dublin yesterday. “Irish banking made appalling lending decisions that will cost the taxpayer dearly for years to come.”
“Our worst fears have been surpassed,” Finance Minister Brian Lenihan said in the parliament in Dublin yesterday. “Irish banking made appalling lending decisions that will cost the taxpayer dearly for years to come.”
Monday, March 29, 2010
S. Korean ship's section believed found
http://www.cnn.com/2010/WORLD/asiapcf/03/28/skorea.sailors/
The 1,200-ton patrol ship Cheonan was carrying 104 sailors when an apparent explosion caused it to capsize Friday night in the Yellow Sea near a disputed maritime border between the Koreas. Fifty-eight sailors have been rescued, but hopes were fading for finding the remaining 46. No bodies or survivors have been found in the sea.
The 1,200-ton patrol ship Cheonan was carrying 104 sailors when an apparent explosion caused it to capsize Friday night in the Yellow Sea near a disputed maritime border between the Koreas. Fifty-eight sailors have been rescued, but hopes were fading for finding the remaining 46. No bodies or survivors have been found in the sea.
Total of 6 kg in TNT used in Moscow subway blasts
http://en.rian.ru/russia/20100329/158346924.html
The two bombs in the Moscow subway blasts that killed 37 and injured at least 65 people had the equivalent of up to 4 kg and 2 kg of TNT, the Federal Security Service (FSB) director said on Monday.
The two bombs in the Moscow subway blasts that killed 37 and injured at least 65 people had the equivalent of up to 4 kg and 2 kg of TNT, the Federal Security Service (FSB) director said on Monday.
Saturday, March 27, 2010
South Korean navy ship sinks; North link "unlikely"
http://www.abs-cbnnews.com/world/03/27/10/south-korean-navy-ship-sinks-north-link-unlikely
Presidential Blue House spokeswoman Kim Eun-hye also said there had been no unusual movements by North Korea, which has a million-strong military, much of it near the heavily armed border that has divided the Korean peninsula for more than half a century.
Local media quoted a presidential official as saying satellite pictures and other information showed no sign of the North Korean military in the area at the time of the sinking.
Presidential Blue House spokeswoman Kim Eun-hye also said there had been no unusual movements by North Korea, which has a million-strong military, much of it near the heavily armed border that has divided the Korean peninsula for more than half a century.
Local media quoted a presidential official as saying satellite pictures and other information showed no sign of the North Korean military in the area at the time of the sinking.
South Korea rules out navy ship sunk by North Korea
http://www.newsdaily.com/stories/tre62p30e-us-korea-ship/
South Korea on Saturday all but ruled out the chance that North Korea was involved in the sinking of one of its navy vessels near their disputed border.
"Given the investigations by government ministries so far, it is the government's judgment that the incident was not caused by North Korea, although the reason for the accident has not been determined yet," a senior government official was quoted as saying by Yonhap news agency.
South Korea on Saturday all but ruled out the chance that North Korea was involved in the sinking of one of its navy vessels near their disputed border.
"Given the investigations by government ministries so far, it is the government's judgment that the incident was not caused by North Korea, although the reason for the accident has not been determined yet," a senior government official was quoted as saying by Yonhap news agency.
Europeans Agree on Bailout for Greece
http://online.wsj.com/article/SB10001424052748704094104575143191767370052.html
Ms. Merkel said she supported German Finance Minister Wolfgang Schäuble's proposal for a European Monetary Fund, and the power to exclude profligate countries from the common currency bloc—both radical new measures that would require a lengthy ratification process and the approval of all 27 EU member states.
"I will also champion the necessary treaty changes," Ms. Merkel said.
The troubles in Greece, which represents just 2% of the EU's economy, have weighed heavily on the common currency. The euro is off about 7% against the dollar since the beginning of the year.
Ms. Merkel said she supported German Finance Minister Wolfgang Schäuble's proposal for a European Monetary Fund, and the power to exclude profligate countries from the common currency bloc—both radical new measures that would require a lengthy ratification process and the approval of all 27 EU member states.
"I will also champion the necessary treaty changes," Ms. Merkel said.
The troubles in Greece, which represents just 2% of the EU's economy, have weighed heavily on the common currency. The euro is off about 7% against the dollar since the beginning of the year.
Friday, March 26, 2010
Thursday, March 25, 2010
Ex-Nazi Guilty in Wartime Murders
http://www.nytimes.com/2010/03/24/world/europe/24nazi.html?src=me
Heinrich Boere, number six on the Simon Wiesenthal Center’s list of most-wanted Nazis, was given the maximum sentence of life in prison by a German court on Tuesday for the 1944 killings of three Dutch civilians.
Heinrich Boere, number six on the Simon Wiesenthal Center’s list of most-wanted Nazis, was given the maximum sentence of life in prison by a German court on Tuesday for the 1944 killings of three Dutch civilians.
Grèce, Portugal : le spectre d'un jeu de dominos met les Européens sous pression
http://www.lesechos.fr/info/inter/020437035851-grece-portugal-le-spectre-d-un-jeu-de-dominos-met-les-europeens-sous-pression.htm
Le sommet qui réunit aujourd'hui et demain à Bruxelles les dirigeants des Vingt-Sept devrait être dominé par la question de l'aide à la Grèce, relayant au second plan les débats sur la « stratégie 2020 » destinée à renforcer la croissance et la compétitivité de l'Union, et sur les suites du sommet de Copenhague.
Le sommet qui réunit aujourd'hui et demain à Bruxelles les dirigeants des Vingt-Sept devrait être dominé par la question de l'aide à la Grèce, relayant au second plan les débats sur la « stratégie 2020 » destinée à renforcer la croissance et la compétitivité de l'Union, et sur les suites du sommet de Copenhague.
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