Sunday, 20 June 2010

EU budget: As crisis bites, EU grabs for power
As the debate continues over the European Commission’s proposals for “peer review” of national budgets, Marta Andreasen, the European Commission’s former chief accountant, gives her blunt opinion.



Napolitano Internet Monitoring Needed to Fight Homegrown Terrorism
FIGHTING home-grown terrorism by monitoring internet communications is a civil liberties trade-off the US government must make to beef up national security, Homeland Security Secretary Janet Napolitano said.


Cost of Seizing Fannie and Freddie Surges for Taxpayers
Fannie Mae and Freddie Mac took over a foreclosed home roughly every 90 seconds during the first three months of the year.

California on ‘verge of system failure’
Currency Revaluation to Be Gradual, China Says