GERMANY

German Economy Minister Roesler and Chancellor Angela Merkel attend a session of the lower house of parliament Bundestag in Berlin

More Signs of Germany Avoiding Recession

The business sentiment survey in Germany Thursday strengthened expectations that Europe's largest economy is on its way to avoid a contraction in the first quarter this year, easing concerns over country slipping back into recession.

Euro zone economy to shrink in 2012, EU stagnates

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The euro zone's economy is heading into its second recession in just three years, while the wider EU will stagnate, the EU's executive said on Thursday, warning that the area has yet to break its vicious cycle of debt.
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Greece readies debt swap under bailout deal

Greece's parliament was expected to endorse a debt swap with private bondholders on Thursday that forms the core of its 130-billion-euro bailout, despite new protests against tough budget cuts demanded in return for the rescue deal.
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Euro zone teetering on brink of recession

The euro zone economy is in danger of tipping into recession, with the services sector shrinking this month along with manufacturing, tempering a wave of optimism after a new bailout deal for Greece struck this week.
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Unions to protest cuts, Greece debates more measures

Greek unions, the unemployed and communists will protest on Wednesday against spending cuts introduced to secure a multi-billion-euro bailout, and lawmakers will debate a debt swap to avoid imminent bankruptcy.
The alleged iPad 3's front glass panel

iPad 3 Release Date Rumors Update: Leaked 'Front Glass Panel' and Germany Launch

iPad 3, Apple's next generation tablet, is expected to debut on March 7 and hence, it's not surprising to find Apple watchers vie with one another in trying to be the first to come out with an authentic leaked photo, that would throw light on what the new tablet will boast of. One such site, Apple.pro, published a photo of an alleged component of iPad 3 though, unfortunately, it had very little new to reveal.
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Kim Dotcom wins bail in fight against U.S. extradition

U.S. crime-fighters failed in a bid to keep alleged Internet pirate Kim Dotcom behind bars on Wednesday when a New Zealand court freed him from jail and instead put him under effective house arrest and banned him from using the Internet.
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Cloud computing report slams Brazil, India, China

A U.S. software industry report on Wednesday chided Brazil, China and India for policies it said threatened the future of cloud computing, but also took aim at developed countries such as Germany that did well on its inaugural scorecard.
Clinton Wears Green

Hillary Clinton Wears Green in G20 'Family Photo' While Others Sport White: Did She Miss The Memo?

In a strange mix-up, Hillary Clinton stuck out at a meeting of the G20 foreign affairs ministers in Los Cabos, Mexico this week. While the 30 other foreign secretaries and ministers wore crisp white shirts, Clinton stuck out sporting a lime green blouse. The informal meeting marked the first time the G20 Ministers of Foreign Affairs assembled together. The G20 members gathered in Mexico to discuss among other issues food security, sustainable development and the growing international economy.
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Euro zone seals second Greek bailout

Euro zone finance ministers sealed on Tuesday a second bailout for debt-laden Greece that will resolve its immediate financing needs but seems unlikely to revive the nation's shattered economy.
Greece and EU

Europeans Near Deal on Second Greek Bailout

Euro zone finance ministers inched toward approving a second bailout for debt-laden Greece Monday night that would resolve Athens' immediate repayment needs but seems unlikely to revive the nation's shattered economy.
Former East German rights activist Joachim Gauck will be Germany’s next president.

Joachim Gauck: Five Things to Know About Germany’s Next President

On Friday, Christian Wulff resigned as president of Germany. Two days later, Chancellor Angela Merkel and leaders of the main political parties agreed on a replacement: Joachim Gauck, 72, a candidate whose popularity with the public may help restore some faith to the office of the presidency.
Barcelona's Messi celebrates after scoring his second goal against Valencia during their La Liga match in Barcelona

Messi Nipping at Ronaldo’s Heels in Golden Shoe Race

Argentine soccer phenom Lionel Messi stormed into second behind Portuguese sensation Cristiano Ronaldo in the running for the European Golden Shoe award, following a stunning performance in Barcelona's 5-1 dominating victory over Valencia, where he racked up four goals in a row.

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