Europe Falls Deeper Into Downward Spiral -- MSNBC
The medicine being used to cure the financial contagion spreading throughout Europe is killing the patient.
For nearly two years, the richer countries of the region have pressed harder for spending cuts and tax hikes from poorer countries like Greece, already struggling under a crushing debt accumulated when the global economy was booming.
Read more ....
MIDDLE EAST
Israel bombing killed captives in Lebanon: Minister.
Saudi Arabia clashes in eastern province of Qatif. Saudi Arabia: Police 'open fire' on protesters.
Syria: Peace hopes fade as residents turn to violence to defend their homes. Syrian dissident colonel takes refuge in Turkey.
Russia and China veto UN resolution to punish Syria.
As relations sour, Turkey plans military exercise at Syrian border.
Iran delays space rocket launch.
ASIA
Pakistani panel questions bin Laden’s 3 widows, 2 daughters.
Lawmaker calls out China on Internet ‘trade war’.
N.Korea rejects preconditions for nuclear talks.
Afghans hand out satellite images of Taliban hideouts to Pak.
Thai flood death toll 237.
AFRICA
Insight: On the run, Gaddafi leaves few footprints.
Libya's NTC launches 'final assault' on Gadhafi stronghold. Sirte residents turn anger on Libya's new rulers.
Egypt unclear on timetable of power transfer, U.S. says.
Uganda LRA rebel tracking technology unveiled.
Somali militants vow to up attacks after bombing.
3 days of mourning in Somalia after bomb kills 70. Massive al-Shabaab suicide bomb kills over 80
Tutu: South African government is 'worse than apartheid' after Dalai Lama visa row.
EUROPE
Russia declares it is close to joining the World Trade Organization.
David Cameron calls for Britain 'to show some fight'.
Greeks take to the streets against more cuts.
Putin's United Russia: Communist Party clone or modern democratic force?
Russia claims it has detained Chinese spy.
Italy downgrade deepens contagion fears over euro debt crisis.
U.S. warns NATO over spending cuts, security.
AMERICAS
Mexico arrests senior Sinaloa drugs cartel suspect.
Nearly half of U.S. lives in household receiving government benefit.
Haiti senate appoints Clinton aide as prime minister.
Somali pirates face hard time in US prison.
Memo: Holder told of ‘Fast and Furious’ as early as July 2010.
Professional wrestler detained over Mexico casino firebomb.
TERRORISM/THE LONG WAR
US drone kills 5 al-Qaida militants in Yemen.
US puts $10 million bounty on Iraq al-Qaida leader.
USS Cole suspect to be arraigned in October.
Obama, Congress divided over terror suspects.
No 9/11 trial this year at Guantanamo war court.
ECONOMY/FINANCE/BUSINESS
IMF warns that countries may need to reverse cuts.
European banks show signs of ill health.
U.S. economic recovery 'close to faltering,' Ben Bernanke tells Congress.
China: US currency bill would have repercussions.