Egyptians continued to cast ballots across the country on Thursday as voting in the country’s historic presidential election entered a second day. Twelve candidates are vying to succeed Hosni Mubarak, who was ousted by a popular revolt last year.
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EGYPT: Egyptians vote on second day of historic election
Posted by ebru 1 day 12 hours ago (http://www.france24.com)Europe slowdown adds more tension to Greek drama
Posted by cagan 1 day 12 hours ago (http://www.reuters.com)
(Reuters) - Europe's economic slowdown has hit the engine-room of the euro zone, including Germany, gloomy new indicators have revealed, adding urgency to the region's struggle to keep Greece's debt crisis from tearing the single currency apart.
Memo From Frankfurt: Risk of Greek Euro Exit Has Europe Making Plans
Posted by cagan 1 day 12 hours ago (http://www.nytimes.com)
The debate about Greece’s exit from the euro zone is moving from “if” to “how,” and secret contingency planning appears to have begun in case events spin out of control.
Greek burglars cash in as savers flee banks
Posted by melisa 1 day 12 hours ago (http://www.reuters.com)
ATHENS (Reuters) - Andreas and Emilia Karabalis, who are both 80, feared their bank in Greece would collapse, so they withdrew their 80,000 euros ($100,000) savings and stashed it at home for safety.
Iran nuclear talks enter second day
Posted by cagan 2 days ago (http://news.yahoo.com)
BAGHDAD (Reuters) - Talks resumed on Thursday between Iran and world powers about a nuclear programme that the West suspects is aimed at nuclear bomb research. A first day of discussions showed a "fair amount of disagreement" but also areas of common ground, a senior U.S. official said on Wednesday, adding: "I believe we have the beginning of a negotiation." Talks got under wa
Iran Talks Extend into Second Day
Posted by yuksel 2 days ago (http://www.nytimes.com)
Iran appeared to balk at a proposal by six world powers to curb its nuclear program but agreed to keep talking.
Greek Leftist Reaches Out, to Little Avail
Posted by cagan 3 days ago (http://www.nytimes.com)
Alexis Tsipras, Greece’s rising young political star, found himself shunned by top leaders in both France and Germany.
Greek Businesses Fear Switch From Euro Back to Drachma
Posted by cagan 3 days ago (http://www.nytimes.com)
The move would involve complex legal and financial steps and could set back the economy further, many say.
Largest Greek Banks to Receive Financing
Posted by kagan 3 days ago (http://www.nytimes.com)
Greece will bolster banks weakened by losses on their holdings of government debt and the flight of deposits from skittish account holders.
Greek Crisis Poses Hard Choices for Western Leaders
Posted by cagan 5 days ago (http://www.nytimes.com)
Although some European officials talk of “managing” a Greek exit from the euro, the political and financial costs, and risks of panic and contagion, would represent a fundamental challenge.
Shorting Facebook on first day: Only for the brave
Posted by murat 6 days ago (http://news.yahoo.com)
NEW YORK (Reuters) - Shorting the Facebook IPO on its first day of trading is not for the faint of heart, but some traders are trying. As the hottest initial public offering in recent memory, Facebook has drawn 1990s-style tech-mania interest from mom and pop investors and big institutions alike. That intense appeal means short-sellers are both attracted by the stock's high valuation and wary, at
Alexis Tsipras, Greek Political Star, Puts Europe on Edge
Posted by cagan 7 days ago (http://www.nytimes.com)
The left-wing leader Alexis Tsipras, who pledges to repudiate Greece’s austerity-for-loans bailout deal, says the country’s problem is a European one, necessitating a European solution.
DealBook: Facebook Shares End Day With Scant Gain
Posted by kagan 7 days ago (http://dealbook.nytimes.com)
After initially rising 11 percent on its first day, the stock closed at $38.23, just above its offering price, in heavy trading.
Greek winemakers see crisis as glass half-full
Posted by melisa 8 days ago (http://www.reuters.com)
NEW YORK (Reuters) - Greek winemakers are not pricing their wares in drachmas - yet.
Kuchar delivers on Mother's Day
Posted by kagan 8 days ago (http://edition.cnn.com)
Matt Kuchar took home $1.7 million, the biggest prize in golf, for winning the Players Championship. It lifted him to a career-high fifth in the world rankings, but most importantly his family was there to see it.
News Analysis: A Greek Exit? Euro Zone May Be Ready
Posted by kagan 8 days ago (http://www.nytimes.com)
Years of foot-dragging and brinkmanship have prepared the currency union for life without Greece.
Greek Stimulus Is an Option, Merkel Says
Posted by kagan 9 days ago (http://www.nytimes.com)
Chancellor Angela Merkel of Germany said she would discuss stimulus programs to get the Greek economy growing again and that she was committed to keeping Greece in the euro zone.
Greek President Expected to Name Caretaker Government
Posted by cagan 10 days ago (http://www.nytimes.com)
The decision by President Karolos Papoulias could set off a series of events that would lead Greece to abandon the euro.
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