GERMANY

Christoph Franz, Lufthansa CEO

Lufthansa To Lay Off 3,500 In Restructuring

Deutsche Lufthansa AG (FRA: LHA) announced Thursday it will lay off 3,500 administrative employees over the next couple of years as part of its plan to save $2 billion by 2014. The news comes a day after the airline announced a first quarter operating loss of ?381 million ($499 million), compared to a loss of ?169 million a year earlier.

Samsung Galaxy S3 Release: From Feature To Future; Last Minute Rumor Round-Up

Samsung Galaxy S3 Release: From Name To Feature And Future; Last Minute Rumor Round-Up
Samsung, the Korean electronics giant, has notched up significant traffic on the Internet lately thanks to the overwhelming amount of speculations, anticipations created by its next iteration of Galaxy phone, Galaxy S3. While speculations are uncountable, we have tried to be picky about some of the features we are certain about. Check out the list of all the more-or-less expected features of the Galaxy S3 like 4.8-inch Super AMOLED Plus screen, Ice Cream Sandwich OS, 1.4GHz Exynos 4 Quad process...
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Germany's Jobless Rate Creeps Up In April

Germany's jobless rate edged higher last month on a seasonally adjusted basis after touching a post-reunification low in March, data showed on Wednesday, reviving concerns about the resilience of the German economy to the euro zone crisis.
A file photo of Osama Bin Laden in Afghanistan

Al-Qaeda Pornographic Movies Found To Hide Documents Detailing Future Attacks

Last May, a 22-year-old Austrian named Maqsood Lodin attempted to smuggle documents from al-Qaeda into Germany. Police in Berlin were suspicious of him after he returned from Pakistan by traveling through Budapest, Hungary and then to Germany. Police were shocked to discover several digital storage devices and memory cards.
Elias Panagiotaros, a spokesperson for the extreme right Golden Dawn party (2nd R), and other members of the group shout insults against a Socialist former education minister during an election campaign gathering in Athens

Greek Elections: Economic Crisis Raises Profile Of Far Right

The ultra-nationalist Chrysi Avgi (?Golden Dawn?) party ? which Greek and European media sometimes label as a Neo-Nazi organization -- is expected to gain 5 percent of the total vote, well above the 3 percent minimum required for entering parliament.
Merkel

Merkel's Old Volkswagen Sold at Auction, Second Time Lucky

German Chancellor Angela Merkel's old Volkswagen wasn't worth the 130,000 euros ($172,100) bogus online bidders kited it to earlier this month, but the first woman chancellor's 1990 Golf finally went to the highest bidder on Monday for 10,165 euros.
Spain

Spain Falls Back Into Recession As Austerity Bites

Spain's economy tipped back into recession in the first quarter and economists said spending cuts aimed at meeting strict EU deficit limits together with troubles in the banking sector would delay any return to growth until late this year or beyond.
Ayatollah Ali Khamenei

Iran: A Modern Day 'Nazi Germany'?

Some top Israeli officials have repeatedly compared the current regime in Tehran to Nazi Germany and Adolph Hitler?s program of exterminating the Jews.
Mongolia

Mongolia: Inside The Budding Eco-Tourism Destination

Envision vast open desert, towering snow-capped mountains, and deep craggy gorges. Picture Buddhist temples, mysterious ruins, felt homes, and the caw of an eagle. Sprinkle on top of it all the legend Genghis Khan.

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