Fake Apple Stores Shut Down by Chinese Officials
Chinese officials have ordered the closure of two out of five fake apple stores in Kunming that were uncovered last week by an American Blogger.
Philosophy of Oslo Killer: Excerpts from Anders Breivik?s Manifesto
If Anders Breivik were not a mass killer he would have been an academic of quite some substance -- it is with commanding flair that he flits from one philosopher to another in his raving 1500-page thesis against multiculturalism in Europe, the idea of political correctness and the perceived Islamization of Europe. His thesis contains some of the most potent and abrasive tirades against multiculturalism to this date. Drawing on his conviction that an Islamic colonization of Europe is taking place...
Oslo Terrorist Attacks: Police Make First Arrest
Two separate attacks in Oslo are thought to be the work of terrorists.
ECB's Trichet confident Greek crisis a one-off
Greece's sovereign debt crisis will prove unique in the euro zone and will not spread to other countries, European Central Bank President Jean-Claude Trichet said in a newspaper interview on Friday.
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Nowotny breaks ranks with ECB hard line on Greece
A rescue package for Greece could involve a short-term default without disastrous repercussions for the euro zone, Austria's central bank governor said, the first sign of a crack in the European Central Bank's hard line.
Gold Hits Fresh Record; Debt Ceiling Stalemate, EU Crisis to Give Tailwinds
Spot gold prices touched a new record high of $1598.41 on Monday, extending the longest rally in about 40 years. The latest wind in the tail came from worsening worries of a European sovereign crisis and the painful stalemate in the US debt ceiling talks that has raised the specter of an unprecedented Treasury default.
Russia Will Not Support Libyan Rebels
Russian will not recognize the rebel government in Libya.
Markets set to target near failures of EU bank test
Banks that scraped through the European Union's stress test of 90 lenders will start feeling the heat Monday from investors to beef up capital buffers.
Spain will avoid Black Monday on markets: EBA
Markets won't punish Spain on Monday even though the majority of banks that failed Europe-wide stress tests were Spanish, the head of the European Banking Authority said in an interview.
ECB's Bini Smaghi favours EFSF debt buybacks
Allowing the EFSF bailout mechanism to buy back bonds from the secondary market would help deal with Europe's debt crisis, European Central Bank Executive Board member Lorenzo Bini Smaghi told a Greek newspaper.
Euro zone summit on Greece called for July 21
Euro zone leaders will meet in Brussels on July 21 to discuss a second bailout package for Greece and the financial stability of the euro area, European Council President Herman Van Rompuy said on Friday.
Rare Earth Prices Will Soar as China Easing Disappoints US, EU
The United States and the European Union slammed China's partial easing of export control of the rare earth minerals on Thursday.
British MP Committee Member on Murdoch Probe Has Long History of Race-Baiting Behavior
Conservative backbencher Philip Davies, who represents Shipley in West Yorkshire, considers himself a one-man warrior against “political correctness”.
Baby Bottles, Canned Food Full of Dangerous Chemical, Senator Warns
Everyday consumer products from canned food containers to baby bottles are full of a potentially lethal chemical known as bisphenol A (BPA) that can lead to numerous health defects, U.S. Sen. Dianne Feinstein, D-Calif. said in an op-ed column.
Does Europe Need to Adopt a Form of QE2
Nearly every developed region around the world is suffering from the same fiscal imbalances as Greece
Why Apple is a Safe Haven in Uncertain Market
There are some stocks that can thrive in this uncertain economic environment and Apple (NASDAQ:AAPL) is one of them
Higlights: Euro zone finance ministers and officials
Euro zone finance ministers and officials were meeting on Monday to discuss a second bailout package for Greece and the financial situation in Italy.
Will Italy Now Need A Bailout, Too?
Fears are spiraling that Italy may need a bailout as the yield on the country’s government bonds have surged to 5.4 percent.
Honor Killings: The Scourge of Turkey (Part 2)
Honor crimes are rooted in ancient tribal customs whereby the “honor” of a family or a whole village is represented by the morality, chastity and proper behavior of its women. Any perceived violation of that sense of honor often leads to deadly consequences.
Honor Killings: The Scourge of Turkey (Part 1)
Although honor killings are typically associated with Muslim countries like Turkey, Iraq and especially Pakistan, the practice has nothing to do with Islam.
Rescue fund not big enough for Italy: German paper
The existing European rescue fund now in place is not large enough to protect Italy as it was never designed to do that, an unnamed European Central Bank source was quoted telling Die Welt newspaper on Sunday.
Pre-Market NASDAQ Movers (AMLN, GERN, ALKS, ISIL, SODA, XXIA, LEDS, AIXG, CREE VMED, ARMH, GOOG)
The top pre-market NASDAQ Stock Market gainers are: Amylin Pharmaceuticals, Geron, Alkermes, Intersil, and SodaStream International. The top pre-market NASDAQ Stock Market losers are: Ixia, SemiLEDs, Aixtron, Cree, Virgin Media, ARM Holdings, and Google.
Post-Market NASDAQ Movers (AMLN, ALKS, CALI, OPTR, VITC, XXIA, LEDS, LPHI, MFLX, DRWI)
The top after-market NASDAQ Stock Market gainers are: Amylin Pharmaceuticals, Alkermes, China Auto Logistic, Optimer Pharmaceuticals, and Vitacost.com. The top after-market NASDAQ Stock Market losers are: Ixia, SemiLEDs, Life Partners Holdings, Multi-Fineline Electronix, and DragonWave.
E. Coli Allegations to Bleed Egyptian Economy?
E. Coli allegations have resulted in an EU ban on Egyptian fenugreek seeds. Fears loom that the Egyptian economy will take a major hit.
Trichet, ECB Raise Interest Rates Again
President of the European Central Bank Jean-Claude Trichet announced the European Central Bank's new interest rate measures at a conference in Frankfurt, Germany.
New Greek aid package awaits private sector buy-in
International bankers and European Union officials made no progress on Thursday in securing a private sector contribution for a second bailout of Greece and bond yields climbed on concern about the scheme.
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