Europe

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Bailout of Ireland Looks Likely
 Bailout of Ireland Looks Likely 
Nov 13, 2010 4:36 PM CST

Bailout of Ireland Looks Likely

EU fears a delay will bring another Greece-like crisis

(Newser) - Ireland is under heavy pressure to take a bailout before its financial troubles spread to other members of the European Union, reports the Wall Street Journal . Dublin is balking because of the handcuffs and political embarrassment that would come with it, but EU authorities don't want to a repeat of...

German Nuclear Protests Turn Violent
 Nuclear Protests Turn Violent 
Nov 8, 2010 5:45 AM CST

Nuclear Protests Turn Violent

Demonstrators against nuclear power attack police, face water cannon

(Newser) - Protesters railing against the use and storage of nuclear materials in Germany became violent yesterday, lashing out against police with sticks and pepper spray, CNN reports. Police responded with mounted officers and water cannon. Anger was prompted by a train carrying nuclear waste to Germany from France for storage. The...

Al-Qaeda Sent Parcels in Sept. 'Dry Run'

US officials studied packages, let them continue

(Newser) - Packages sent from Yemen to the US in September may have been a “dry run” for the explosives intercepted Friday, officials tell the New York Times . American officials investigated the parcels at the time and, finding no explosives, allowed them to continue to “random addresses” in Chicago. But...

Italy Ends Search for US Balloonists

'No hope' of finding Americans alive: officials

(Newser) - Italian police canceled the search for two balloonists who went missing six days ago while flying over the Mediterranean, the Telegraph reports, with authorities saying there was "no hope" of finding them alive. The pair, who are American citizens, disappeared while flying through a patch of thunderstorms during a...

Europe Travel Alert: Just an Overreaction?

US warning not based on new info, officials say

(Newser) - European officials are not happy about the travel alert issued for the continent by the US yesterday. The new warning was not a result of any new intelligence, officials say, and they are "irritated" the US leaked warnings of possible shooting attacks before more intelligence could be gathered, the...

Now Japan Issues Travel Alert for Europe

Latest warning follows those by Britain, America

(Newser) - One day after the US State Department issued a travel alert to Americans in Europe, Japan has followed suit. Japanese citizens living or traveling in Europe have been warned of possible attacks by al-Qaeda or other terrorist groups. The Foreign Ministry asked citizens to use caution when visiting tourist sites...

US Issues Europe Alert
 US Issues Europe Alert 
UPDATED
Oct 3, 2010 8:26 AM CDT

US Issues Europe Alert

Urges Americans to be vigilant in crowded places

(Newser) - The State Department formally issued a travel alert to Americans living and traveling in Europe today, urging them to be vigilant, particularly in crowded places. The alert is a notch below a formal warning against foreign travel, reports the AP, but the feds are clearly taking seriously reports of a...

US Plans Travel Alert for Americans in Europe

It will ask them to be 'vigilant' because of terror threats

(Newser) - Threats about a terror attack in Europe are real enough that the State Department is expected to issue a "travel alert" tomorrow asking Americans to be wary about visiting tourist sites overseas. In the semantics of government-speak, it's expected to be a notch below a "warning"—...

News Flash: WWI Ends Sunday
 News Flash: 
 WWI Ends Tomorrow 
in case you missed it
Oct 2, 2010 11:45 AM CDT

News Flash: WWI Ends Tomorrow

Germany to pay final installment of war reparations

(Newser) - Ninety-two years after the end of combat, World War I comes to an end of sorts tomorrow when Germany pays off the final installment of its war reparations. The payment of about $94 million in interest on foreign bonds will complete Germany's obligations under the Treaty of Versailles, reports Der ...

CIA Ups Drone Strikes to Foil Euro Terror Plot

Drones target Pakistan as Europe sits on high alert

(Newser) - The CIA has launched a flurry of drone attacks in Pakistan in an attempt to disrupt a huge suspected terrorist plot against European targets, according to the Wall Street Journal . While the exact nature of the plot is unclear, there have been multiple warnings in France, Germany, and the UK...

Artist Puts Our Stereotypes on the Map

Innovative 'cartographer' outlines prejudices

(Newser) - Americans thinks the French are "smelly," the Italians "godfathers" and Russians "Commies." At least that's the view of a Bulgarian artist living in London who has created seven maps of different nations' stereotypes that have become an internet hit. In Yanko Tsvetkov's map of French...

Jobless 'Wasteland': Europe, US on Brink of Social Revolt

Recession left 'gaping wounds' says IMF head

(Newser) - To those who think the worst of the recession is over, the head of the IMF has this to say: "We are not safe." An astounding 30 million jobs have been lost since the beginning of the financial crisis , three-quarters of those in richer economies, a new report...

Europeans Surveyed on Toplessness
Europeans Surveyed
on Toplessness
Jul 27, 2010 4:09 PM CDT

Europeans Surveyed on Toplessness

And guess what? They're in favor

(Newser) - No surprise—they like it. It turns out the Germans like toplessness the most—99% approve (at the beach and pools only, of course.) The prudish Brits come in second with 93% approving of topless bathing. The usually progressive Swedes were at the bottom with only 81% approving of...

Mystery Investor Buys Every Cocoa Bean in Europe

Who's hoarding all that cocoa, and why?

(Newser) - The supply of cocoa beans sitting in warehouses across Europe could fill more than 5 Titanics, and as of last week it all belongs to one mysterious figure. An anonymous investor sparked intrigue last week when he, she, or they bought 241,000 tons of cocoa—essentially, every cocoa bean...

Hundreds Rescued From 122° German Trains

Air conditioning breaks, windows don't open

(Newser) - The high technology of a modern German train whose windows don't open backfired badly yesterday when the air conditioning broke on 3 trains, sending temperatures inside the trains to 122 degrees and forcing the evacuation of more than 1,000 Deutsche Bahn passengers. One of the trains lost its air...

Dr. Doom: Europe on Path to Recession

And America might 'run into the wall'

(Newser) - Dr. Doom isn't happy with what he sees happening in Europe, which the NYU economist (real name Nouriel Roubini) says is on the path to recession or something very much like it. Some interview highlights, as reported by Reuters and Bloomberg :
  • In the euro zone, "growth will fall toward
...

Germany OK's Eurozone Rescue Deal

Lawmakers say yes to $1 trillion bailout

(Newser) - The German parliament has approved the country's share of the huge euro-zone rescue package. Europe's biggest economy will contribute between $154 billion and $185 billion in loan guarantees. Without Germany on board, the nearly $1 trillion plan could have failed and kept the euro on its relative freefall. The move...

EU Forges $960B Bailout Fund
 EU Forges $960B Bailout Fund 
May 10, 2010 2:39 AM CDT

EU Forges $960B Bailout Fund

Officials hope it's enough to contain crisis

(Newser) - European officials hammered out a $960 billion bailout fund for nations facing the prospect of default. The bailout is nominally to provide the euro with stability, but is mainly pointed at Greece, with a secondary eye to Spain and Portugal, which are both teetering on economic chaos, reports the Times...

Ash Cloud Cancels Hundreds of Flights

Renewed activity at Icelandic volcano leads to more travel chaos

(Newser) - Hundreds of flights were canceled and delayed today as the reinvigorated ash cloud issuing from an Icelandic volcano spread across parts of Europe and the UK. Three clouds are moving in various directions, closing airports in Scotland, Portugal, Germany, and other countries. The total number of canceled flights since the...

Greece Mess Means Big Trouble for Euro
 Greece Mess Means 
 Big Trouble for Euro 
Paul Krugman
May 7, 2010 8:35 AM CDT

Greece Mess Means Big Trouble for Euro

Athens will probably have to leave the currrency

(Newser) - Greece is not the "next Lehman," writes Paul Krugman. It's not "big enough or interconnected enough" to cause that scale of global mess, or even yesterday's nightmare on Wall Street. But don't be too reassured. "Greece’s problems are deeper than Europe’s leaders are willing...

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