MO'MONEY, MO'MONEY!!!! Greece and the EU have been playing "chicken",... and once again, the EU flinches first. Well Played Greece,.. well played. ouzo and welfare checks for EVERYONE!!!

If Greek officials are looking for “stimulus to be pursued for growth in the euro zone, which we could pursue in the interest of Greece, we’re open for this,” Ms. Merkel said. “Germany is open for this.”

"Hockey Stick" Hansen is pissed. ... with his exposure as a cheap fraudster and fake scientist, NASA's James Hansen (yes, he's still there) has jumped to another cockamamie scheme to separate successful corporations from their earned profits. ... Instead of slinking away in disgrace, the cheeky sociopathic bastard has come up with a new scare scam, this time its market based. (Liely, pay attention.)

Moody's Investors Service kicked off its long-awaited downgrades of European and global banks by docking the credit ratings of 26 Italian lenders, a move that could ratchet up the continent's banking woes at a critical time for the currency union.

For the last two years, euro-zone policy makers have insisted a break-up of the single currency is unthinkable. Now it is not only thinkable but a real possibility:

Help Send Watson to Jail for Murder

Gao Runping, who makes mechanical components for the oil industry, founded his business in the central city of Taiyuan with equipment bought from failing companies after the 2008 global crisis. Now, with China’s economy cooling abruptly again, Gao sees another wave of bankruptcies about to hit his industry. “I can see about one-fifth to one-third of the factories are about to close, and owners are preparing to sell off their equipment,” said Gao, general manager of Taiyuan Fanhe Engineering Co.

The chaos in Greece has resumed and a new election that nobody expects to resolve anything looms. Exasperated European Union officials have begun openly discussing the country’s exit from the euro currency system. This is a grave mistake. Greece’s exit would be no less catastrophic than when the EU called it unthinkable -- and not just for Greece. “Divorce is never smooth,” Luc Coene, the governor of Belgium’s central bank and a member of the European Central Bank’s governing council, told the Financial Times on May 13. “I guess an amicable divorce -- if that was ever needed -- would be possible but I would still regret it.”

Greece’s decision to return to the ballot box in the search for a government unleashed a hazardous new phase in Europe’s debt crisis, with German Finance Minister Wolfgang Schaeuble calling the vote a referendum on whether the country stays in the euro.

As Greece erupts, Italy is moving into the eye of the storm. Its economy is contracting at speeds not seen since the depths of the slump in 2009 as draconian austerity bites, greatly increasing the risk of social revolt and a banking crisis.

Did anyone notice that Europe’s financial crisis went from frightening to unimaginable last week? How bad are things in Europe? First, it’s time to say your last goodbyes to Greece. The nation “formerly known as Greece” reports 22 percent unemployment, 54 percent unemployment among citizens under age 25, and 42 percent higher unemployment than a year ago. But here’s the big clincher: There are now only 4 million Greeks still employed to pay off hundreds of billions in European Union (EU) bailouts and its approaching 200 percent debt to gross domestic product (GDP) ratio. And more of them are leaving for Germany every day as they realize that life is over for them in Greece.

that is why he MUST stay in power

And now the EU begging begins,....

Greece's president will ask politicians on Tuesday to stand aside and let a government of technocrats steer the nation away from bankruptcy, but leftists have already rejected the proposal and look set to force a new election they reckon they can win

... If true, this is a MAJOR event in European policy, ... acknowledgement that a truly idiotic social experiment has failed miserably. Muslims cannot live with Christians in harmony. ... Will the other nations be smart enough to wake up and follow the Netherlands lead? ... prob'ly not.

However, with more and more evidence of substantial under-water oil and gas reserves, Beijing has in recent years become ever more assertive in pressing its claim - based on ancient maps - to ownership of most of the South China Sea, stretching south almost to Indonesian territorial waters about 2,000 kilometres from the nearest Chinese landfall. China's bluster has grown with the ability of its modernized navy to project power throughout the region. The Philippines has no functioning navy with which to respond. But on Wednesday, the Philippine defence minister Voltaire Gazmin said he was told recently by U.S. Secretary of State Hillary Clinton and Secretary of Defense Leon Panetta, that while Washington will not take sides in the dispute, "they assured the Philip-pines the U.S. would honour a 1951 mutual defence treaty."

If only we knew there was oil the in the Philippines, we never would have given them independence

Understandably, many American investors have simply given up on Europe. After two years of the world’s most tedious soap opera (“Can Angela get on with François, the new boy in town? Is Mario the real thing after phony old Silvio?”), they have come to the conclusion that it is only a matter of time before the whole euro zone comes crashing down, with Greece in the role of Lehman Brothers.

Greece’s possible exit from the euro area moved to the center of Europe’s debt-crisis debate, with officials beginning to weigh the fallout of a withdrawal even as authorities in Athens struggled to form a government. Once one leaves wont be much longer before an italy , spain or even france leaves or gets tossed .

The leader of Greece's radical-left Syriza party on Sunday said he would not be part of a coalition government, following a meeting with other parties convened by President Karolos Papoulias that sought to break the deadlock.

after they solved all problems at home (e.g. hunger)the North Koreans moved to something more inspiring and useful ...like jamming GPS signal in hope that some South Korean civilians might die... never short of good ideas

It’s just after lunchtime on a drizzly day in the Amsterdam suburb of Bos en Lommer and the line of people waiting to fill their bags with free rice, juice, potatoes and bread is lengthening. The market is one of 135 food banks in the Netherlands bailing out people trying to survive on less than 180 euros ($234) a month, the threshold to qualify for the aid. Organizers say demand for the service rose 20 percent in the first quarter.

When times get tough in europe, europe goes nazi.

Most shocking was the rise of the neo-fascist Golden Dawn party. Its shaven-headed street-fighters give the Nazi salute and systematically attack immigrants on the streets ---- and it got 7 percent of the vote. Golden Dawn, together with two other ultranationalist parties that are equally hostile to immigrants, the euro and indeed the European Union itself, got the votes of one Greek in five.

Some immigration lawyers have seen a new increase in the number of Chinese seeking foreign citizenship, a trend they suggest is tied to worries about political turmoil and economic slowdown in China, especially among businesspeople and politicians seeking to protect their families and wealth. "There's definitely a surge in China for what I call 'let-me-out-now' product," said Jean-Francois Harvey, an immigration lawyer based in Hong Kong who deals with clients throughout Asia.

The trade row between Argentina and Spain took another twist on Tuesday after the Spanish telecoms giant Telefonica was ordered to pay $43m (£26.6m) for an interruption in mobile phone services lasting just a few hours.

A South Korean expert from the International Atomic Energy Agency was killed in a car accident in Iran during a tour to inspect nuclear facilities.

Well thank goodness that Obama, the dog eater, made that deal with Iran to ease sanctions if the IAEA gets to inspect the Iranian nuclear bomb installations. SMART Power!!!11!!!elebenty strikes again.

The greeks are leaving the EU, like rats fleeing a sinking ship,... apparently the smartest rats, because they'll be the first off. Now the only question is,.. will their exit be orderly, or disorderly?

1 in 7 of the world are clinically insane. A disaster in the making. We just don't have anywhere near enough meds to treat them all.

New, upgraded, "underwear bomb" seized from al-Qaeda.

ESA mission will explore Jupiter's moons beginning in 2030

BANGKOK (AP) — Asian stocks are sliding after elections in Greece and France heightened uncertainty about Europe's ability to solve its debt crisis.

Romney better jump all over this. That Obama wants to "work closely" should tell the American public all we need to know about a second term for this pos.

A Russian film released on the eve of Ukraine's hosting of Euro 2012 tells the stirring story of the notorious "Match of Death" played between Soviet footballers and Nazi occupiers in Kiev during World War II. But the film has reopened still raw wounds in Ukraine and has been accused of anti-Ukrainian bias for its depiction of some locals willingly collaborating with the invading German forces. The film, "Match," is set in the occupied Ukrainian capital in 1941 and 1942. It is based on the true story of a team of Soviet footballers who played a series of matches against the Nazis 70 years ago.

China has agreed to join the Global Alliance for Clean Cookstoves, after touring a cookstove exhibit with Secretary of State Hillary Clinton in Beijing on Thursday. "This illustrates once again that the United States and China can and will work together in new ways and through many channels to address our common challenges"

After this coup, who can question Obama's stature as a statesman.

WE'RE ALL GONNA DIE? ... This is a truck load of horse shit! ... Everyone knows solar storms are caused by man-made CO2 and fish farts. ... It could just be Bush tuning up his infernal machine before the election.

"I don't think that voting for a small party will make us go bankrupt. We already are," said 53 year-old Panagiotis, a craftsman, after voting for the conservative Independent Greeks. Euro zone paymaster Germany has warned there would be "consequences" to an anti-bailout vote and the EU and IMF insist whoever wins the election must stick to austerity if they want to receive the aid that keeps Greece afloat. PASOK leader Evangelos Venizelos said the vote was the most crucial since the end of a military dictatorship in 1974.

It was interesting to visit Berlin in last years of Cold War. Dirty, desolated, dark, smelly, sad East Berlin and 100 meters apart West Berlin, with neon lights, decent cars and painted houses. Watch gallery and compare. www.spiegel.de . . .

Medical report: murderous faggot took coke and farted as hell.

I didn't believe this the first place I saw it(Washington Times), but it is apparently true....is Putin and his friends fucking nuts, or are they intent on making Barry publicly thier bitch?

it is almost like the Communist stupid bullshit nothing changes

Without critical investments, Sweden can't defend itself

47-year-old German woman traps men inside apartment for non-stop sex