EUROPE - The eurozone crisis is over, French president Francois Hollande said as he sought to reassure Asian investors on a visit to Japan. "What you need to understand here in Japan is that the crisis in Europe is over," he said. "And that we can work together, France and Japan, to open new doors for economic progress."
GERMANY - Crucial hearings on the eurozone’s bail-out policies at Germany’s top court this week could set in motion events that force Germany’s withdrawal from the euro, a leading judge has warned.
USA - A former Air Force drone operator who says he participated in missions that killed more than 1,600 people remembers watching one of the first victims bleed to death.
USA - People outside the alternative health community are often confused by the lack of autism in the Amish people. The Amish do not experience autism, or any of the other learning disabilities that plague our technological society.
USA - Roman Catholic Archbishop Charles J Chaput is calling on Americans to wake up and recognize that the Founding Fathers' vision of religious freedom is now threatened by the federal government. "The day when Americans could take the Founders' understanding of religious freedom as a given is over," said the archbishop. "We need to wake up."
BELIZE, CENTRAL AMERICA - Genetically modified soybeans have been found in northern Belize. Sowing of GMO seeds is prohibited in Belize, and so BAHA has placed the seeds under quarantine, and will destroy them by milling. Those milled seeds will be used for the production of animal feed consistent with currently imported animal feeds which contains genetically modified soybeans. The BAHA release which came out after government closing hours does not say how many seeds were found or exactly where and what penalties if any the owner will be made to face.
NICARAGUA - Nicaragua has awarded a Chinese company a 100-year concession to build an alternative to the Panama Canal, in a step that looks set to have profound geopolitical ramifications. The president of the country’s national assembly, Rene Nuñez, announced the $40 billion (£26 billion) project, which will reinforce Beijing’s growing influence on global trade and weaken US dominance over the key shipping route between the Pacific and Atlantic oceans. The new route will be a higher-capacity alternative to the 99-year-old Panama Canal, which is currently being widened at the cost of $5.2 billion.
UK - The UK's electronic eavesdropping and security agency, GCHQ, has been secretly gathering intelligence from the world's biggest internet companies through a covertly run operation set up by America's top spy agency, documents obtained by the Guardian reveal.
UK - The number of people in the UK who will get cancer during their lifetime will increase to nearly half the population by 2020, a report has forecast. Macmillan Cancer Support said the projected figure of 47%, up from the current 44%, would put huge pressure on the NHS. People living longer is thought to be a major reason for the increase. In 1992, the proportion of people in the UK who got cancer during their life was 32%. This increased to 44% in 2010, an increase of more than a third.
USA - Would you like to know what America’s young people are actually learning while they are away at college? It isn’t pretty. Yes, there are some very highly technical fields where students are being taught some very important skills, but for the most part US college students are learning very little that they will actually use out in the real world when they graduate.
EUROPE – (By Nigel Farage, Ukip Leader) In June 2011, I stood in front of the assembled ranks of Eurocrats – Barrosso et al – with a copy of the IMF charter in my hand and read it out. The IMF expressly rejects the idea of supporting currencies; it is there instead to support countries.
USA - The Washington Post and Guardian report today that the NSA is tapping directly into the central servers of 9 leading US Internet companies – including Microsoft, Yahoo, Google, Facebook, PalTalk, AOL, Skype, YouTube, Apple and soon Dropbox – and extracting audio, video, photographs, e-mails, documents and connection logs that enable analysts to track a person’s movements and contacts over time.
EUROPE - The European Central Bank has refused to take any further measures to lift the eurozone out of recession and curb rising unemployment, counting on spontaneous recovery later this year to do the job.
USA - Seems like the stock market is the place to be again. We broke 15,000 on the Dow Jones Industrial Average yesterday. I hear traders in the pits are wearing hats that say Dow 15,000.
USA - While an economic slowdown is looming over the global economy, no one seems to care, as stock markets continue to reach new record-highs — giving investors false hopes of economic growth. But how long can this mirage actually last?