Saturday, 02 July 2011 06:37
'As Europe struggles to put together a second bailout of Greece, to supplement the rescue effort launched last year, the crisis may force a second bailout of another indebted country in the region: Ireland.
Dublin, which signed up to an 85 billion euro (76.7 billion pound) bailout from the European Union and the International Monetary Fund last November, is hoping to generate enough economic growth over the next two years to decouple itself from Greece in the minds of investors.'
Read more: Weak Economy May Force Second Bailout of Ireland
Saturday, 02 July 2011 06:35
'Some of Britain's most beautiful landscapes are blighted by wind farms that will not generate enough electricity for the future.
The Department of Energy and Climate Change (DECC) has released figures which show a six per cent fall in the amount of electricity produced by Britain's onshore wind farms.
The department blames a drop in wind, revealing that 2010 was the calmest year this century, with onshore turbines producing only 1.9 per cent of all electricity in 2010, compared with two per cent the year before.'
Read more: Farce of the Wind Farms Exposed: Power Produced Drops 6% After Calmest Year this Century
Saturday, 02 July 2011 06:34
'It’s not just that the European Commission wants an extra €46 billion; it also wants to spend a disproportionate share of the increase on itself. The percentage of its proposed EU budget dedicated to “administration” would rise from 5.7 to 6.1.
When Eurocrats say “administration”, they mean grotesqueries of this sort. Imagine for a moment how such a story must look from the perspective of a postman in Patras facing redundancy.
I’ve said it before, and I’ll say it again: the EU has become a racket: a mechanism to redistribute resources from the many to the few. I can understand why the Greeks are protesting. What I can’t understand is why the rest of us aren’t.'
Saturday, 02 July 2011 06:29
'The sexual assault case against Dominique Strauss-Kahn is on the verge of collapse as investigators have uncovered major holes in the credibility of the housekeeper who charged that he attacked her in his Manhattan hotel suite in May, according to two well-placed law enforcement officials.
Although forensic tests found unambiguous evidence of a sexual encounter between Mr. Strauss-Kahn, a French politician, and the woman, prosecutors now do not believe much of what the accuser has told them about the circumstances or about herself.
Since her initial allegation on May 14, the accuser has repeatedly lied, one of the law enforcement officials said.'
Read more: Was it a Setup? Strauss-Kahn Case Seen as in Jeopardy: Hotel Maid Lied to Prosecutors
Saturday, 02 July 2011 06:27
'As Greece recently passed further austerity measures – which effectively destroy the standard of living for the majority of people, in order to service and illegitimate debt to foreign banks – riots continued in Greece in protest to such measures. A large protest movement has recently erupted in Spain in the face of their economic crisis.
Tens of thousands protested Spain’s austerity measures, and no surprise, considering youth unemployment is more than 43% and the government is instead deciding to save foreign banks. A youth protest movement has also been developing in Portugal in response to the deep social and economic crisis being experienced there.'
Saturday, 02 July 2011 06:26
Minnesota Republican Chairman Tony Sutton called Democratic Gov. Mark Dayton a “piece of work” and accused him of inflicting “maximum pain” for political reasons.'
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