Is Rogue Trader Taking a Fall for Corrupt UBS?
Swiss bank UBS trader Kweku Adoboli (left) was arrested early Thursday morning and charged with two counts of false accounting and one count...
Europe
Beleaguered Belgium: Yves Leterme Resigns
If the European Union begins to disintegrate, what signs would portend its spiral into disunion? One would be a member nation utterly ignoring...
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Polish Abortion Ban Defeated; Pro-Life Leaders Optimistic
Pro-life leaders in Poland remain optimistic despite the narrow defeat of a bill that would have completely banned abortion in the largely Catholic...
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Greek Prime Minister’s Promises Ring Hollow
Prime Minister George Papandreou’s speech on Saturday evening in Thessaloniki was designed to reassure not only his Greek citizens that all would be...
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Private Banks Urged to Support Greek Bonds
Collectivist statists from America to southern Europe are singing a familiar tune: The private sector is to blame for the economic nightmare that...
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Muslims Attack EDL Bus In London, EDL Members Arrested
A mob of angry “Asians” — the media’s code-word for Muslims — in England attacked a busload of members of the English Defense...
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Britain Lawmakers Call for Change to Abortion Laws
A rare abortion debate has been incited among lawmakers in Britain, who are now reconsidering the nation’s approach to abortion. The debate is...
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Report Says Death of Euro Will Lead to Doomsday
Those who are hoping for a more optimistic report of the global economic future should probably not read on. According to a report...
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Few See Hope in European Crisis
The global economy is facing a meltdown, according to World Bank President Robert Zoellick. “We are moving into a dangerous period,” he told...
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Obese Children Removed from Home in Scotland
Officials in Scotland have decided it is fit and proper to take obese children away from their parents. In particular, parents of four...
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European Banks Water Down Greek Bond Losses
In banking, few values count more than consistency and integrity. The sovereign debt crisis in Europe, however, appears to have watered down those...
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Poll: Most Germans Oppose Merkel’s, Sarkozy’s Handling of EU Crisis
The debt crises of European Union member-states have reached critical mass. Three of the "PIIGS" nations — Portugal, Ireland, and Greece — and...
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EU Tells Sweden to Rescind Wolf-hunting Licenses or Face Legal Action
The European Union has threatened Sweden with legal action unless it rescinds its first issuance of wolf-hunting licenses in 45 years. Swedish Minister...
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Sarkozy and Merkel Meet on How to Save Eurozone
The bad news from the European Union is growing almost daily. Germany, the largest economy in Europe, had almost no economic growth at...
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Berlusconi Embraces Tax Hikes to Save Italy
The Italian government revisited its plans for handling the nation’s gaping public debt problem. On Friday, Prime Minister Silvio Berlusconi (left) said that tax increases...
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