Posts Tagged ‘continent’
Ocean driving Antarctic ice loss
Wednesday, April 25th, 2012Most of the ice being lost from Antarctica is going as a result of warm water eating the fringes of the continent, a new study confirms.

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Ocean driving Antarctic ice loss
Power fault brings Eurostar chaos
Tuesday, March 6th, 2012Eurostar services between London and the continent suffer serious delays due to an overhead power cable fault, with many passengers stranded on trains.

Hundreds Die in Europe Freeze
Monday, February 6th, 2012Hundreds Die in Europe Freeze
Monday, February 6th, 2012Panetta, Clinton reassure Europe on security ties
Saturday, February 4th, 2012MUNICH — In a rare joint appearance overseas, Defense Secretary Leon E. Panetta and Secretary of State Hillary Rodham Clinton sought to reassure European allies that the United States will not diminish its security relationship with the continent even as it withdraws troops and places a higher priority on Asia. Read full article > >

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Panetta, Clinton reassure Europe on security ties
The man who predicted the European debt crisis
Tuesday, December 13th, 2011Europe’s financial crisis is rapidly metastasizing into a political one, and the coherence of the European Union is more doubtful than at any previous time in recent memory. That’s the meaning of last week’s European summit , in which 26 leaders either accepted a German-French plan for tight fiscal discipline or agreed to consider it — while British Prime Minister David Cameron said no , amid nationalistic finger-pointing across the continent. Read full article > >
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The man who predicted the European debt crisis
New European pact to save the euro faces UK concerns, waning market confidence
Monday, December 12th, 2011LONDON — British Prime Minister David Cameron warned that Europe’s new fiscal pact, aimed at fixing the euro, faces significant political hurdles, while investors and ratings agencies said the deal was insufficient to fix the continent’s debt problems. Cameron, who was the only leader among the 27 European Union members to refuse last week to consider a plan to tighten budget controls, warned the deal could clash with existing EU rules and that it could take months of negotiations to sort the conflicts. Read full article > >
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New European pact to save the euro faces UK concerns, waning market confidence
Europe is not a morality play
Friday, December 2nd, 2011In 2007, the BBC ran a story with the headline “Ireland: An EU Success Story.” But the point wasn’t simply that Ireland had done well. It was that Ireland had done well that their continued interest in the European Union served as a critical endorsement of the continent’s generational project. And that wasn’t just the judgment of the Europeans. Ireland was touted here, too. Their low-tax, pro-business economic policies were considered a rare triumph for free market ideals in Europe. In October 2008, Sen. John McCain told conservative TV host Sean Hannity, “You’re going to go on my first overseas trip. And I think it might be to Ireland.” Read full article > >
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Europe is not a morality play
In sign it’s not immune from raging European debt crisis, Germany suffers weak bond auction
Wednesday, November 23rd, 2011BERLIN — Germany failed to raise as much money as it hoped in its latest bond auction, a sign that Europe’s biggest economy may not be immune from a debt crisis raging across the continent. Germany’s Financial Agency said Wednesday that its latest €6 billion ($8.1 billion) auction of 10-year bonds, at a record-low interest rate, met with only 60 percent demand. It blamed “the extraordinarily nervous market environment” for the weak demand. Read full article > >
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In sign it’s not immune from raging European debt crisis, Germany suffers weak bond auction
German parliament approves expanded bailout fund
Thursday, September 29th, 2011ATHENS — German lawmakers voted Thursday to approve expanded powers for a European bailout fund that Chancellor Angela Merkel has said is critical to ensuring economic stability on the continent. The overwhelming approval — by a vote of 523 to 85 — marked a major step in addressing the sovereign debt crisis that has afflicted euro-zone countries, allowing officials to move on to additional steps. The move also helped boost European stocks Thursday, and Wall Street appeared headed for gains at its opening bell. Read full article > >

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German parliament approves expanded bailout fund
VIDEO: Report on tourism
Monday, September 26th, 2011MEPs in the European Parliament back a report calling for the creation of a “Europe brand” by the end of 2012, with the aim of boosting tourism on the continent.

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VIDEO: Report on tourism
Europe officials defend banking systems
Monday, August 29th, 2011MADRID — Top European officials defended the health of the continent’s financial system Monday, trying to stem concerns that Europe’s slowing economy and high levels of government debt may cause some of its banks to fail. In separate statements European Central Bank President Jean-Claude Trichet and European Economic and Monetary Affairs Commissioner Olli Rehn said banks within the 17-nation euro currency zone have been steadily raising the amount of capital set aside as a cushion against losses and will not face the sort of cash crunch that helped trigger the recession in 2008. Read full article > >

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Europe officials defend banking systems
U.S. stocks sink to end another week of swings
Friday, August 19th, 2011Wall Street stumbled to a second day of losses Friday on fears that the global economy is weakening and that European banks may be unable to cope with the continent’s urgent financial troubles. The downslide capped off another volatile week of trading with wild swings between losses and gains that ultimately left markets deeper in the red for the week and for the year. The three major indexes had started the day down and then rallied in mid-morning before diving again in the later part of the trading session. By closing bell, all had plummeted by at least 1.5 percent. Read full article > >

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U.S. stocks sink to end another week of swings
Official: E. coli outbreak only in Germany
Tuesday, June 7th, 2011Top European farming officials are meeting Tuesday as the continent struggles to deal with an E. coli bacteria outbreak that has killed at least 22 people.
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Official: E. coli outbreak only in Germany




