Prisoners Near Death As 1,700 California Inmates Continue Hunger Strike To Protest Appalling Conditions: A hunger strike started by prisoners at Pelican Bay to protest appalling conditions has spread across California as inmates at 13 prisons joined in solidarity
Man Jailed For Banking While Black: He lost his job, his car was towed and sold and Chase has yet to provide an apology and compensation.
Italian austerity budget passes Senate: The deficit-reduction package is a mix of revenue-raising measures, such as higher hospital fees and a tax on holdings of state bonds, and cuts in spending by the central and local governments that come mainly into force in 2013 and 2014. A freeze on public sector wages and hiring will be extended by a year.
Italy to allow rape of citizens investments: Italy eyes privatization as market tension eases: The Italian government bolstered an austerity package on Wednesday with plans to sell stakes in state-owned companies, and political consensus on debt-cutting measures helped calm nervous markets.
Euro plunges deeper into crisis as Greece's credit rating slashed to 'junk': Credit rating agency Fitch yesterday indicated it expected the Greek government to default on its loans, cutting the country’s rating from B+ to CCC.
Nikkei down after Moody's US debt warning, support holds: Moody's said it may cut the United States' triple-A credit rating, sending the dollar near four-month lows and pressuring exporters.