EUROPE - George Soros has lambasted eurozone leaders today and claimed they will lead Europe to its ruin by maintaining the 'rotten' euro. The Hungarian business magnate and investor claimed that he would now 'bet against the euro' in any future deals unless there was a change in European leadership or policy.
USA - Major emerging powers stood ready on Friday to pledge money to bolster the International Monetary Fund's crisis-fighting war chest, though Brazil was holding out for promises that their voting power at the global lender would increase.
AFRICA - Scientists say the notoriously dry continent of Africa is sitting on a vast reservoir of groundwater. They argue that the total volume of water in aquifers underground is 100 times the amount found on the surface. The team have produced the most detailed map yet of the scale and potential of this hidden resource.
FRANCE - Candidates in the French presidential election are on their last day of campaigning before voters head to the polls on Sunday. No campaigning is allowed the day before the election. Front-runner Francois Hollande has already held a final rally in Bordeaux, while President Nicolas Sarkozy will hold his last campaign event in Nice.
EUROPE - Athens' fondness for weaponry, and willingness of Germany and France to feed it, under fire as Greece struggles with debt crisis. Greek profligacy may be blamed for triggering the debt crisis that now threatens to tear the eurozone apart, but if there is one area where Berlin is less excoriating of state largesse it is in Athens's extravagant taste for arms.
USA - Open sores. Parasitic infections. Chewed-up-looking fins. Gashes. Mysterious black streaks. Two years after the drilling-rig explosion that touched off the biggest offshore oil spill in US history, scientists are beginning to suspect that fish in the Gulf of Mexico are suffering the effects of the petroleum.
EGYPT - The Muslim Brotherhood's candidate who was disqualified from Egypt's first presidential race since Hosni Mubarak's ouster said on Wednesday that the ruling army council was not serious about transferring power to civilians.
EUROPE - Spanish, Italian and Portuguese banks are loading up on bonds issued by their own governments, a move that shifts more of the risk of sovereign default to European taxpayers from private creditors.
USA - EFF and a number of civil society organizations have declared this to be ‘Stop Cyber Spying Week’ in protest of several controversial US cybersecurity legislative proposals, including the bill currently before Congress and the Senate called CISPA, the Cyber Intelligence Sharing & Protection Act of 2011.
SYRIA - Syria is moving to liquidate its gold reserves to raise revenue as Western and Arab sanctions targeting its central bank and oil exports cut into its cash reserves. Syria's foreign exchange reserves have been halved from about $17 billion, French Foreign Minister Alain Juppe said on Tuesday.
UK - The motoring group said prices at the pump hit a new high of 142.48p per litre this week, while diesel remains near its peak of 147.88p per litre. These new figures mean the cost of filling up a 50-litre family car is around £71.24 at a time when many households are struggling with their budgets.
UK - The prospect of a strike by fuel tanker drivers which could cripple petrol supplies has re-emerged after union officials overwhelmingly rejected a proposed deal aimed at averting industrial action.
USA - A bill already passed by the Senate and set to be rubber stamped by the House would make it mandatory for all new cars in the United States to be fitted with black box data recorders from 2015 onwards. Section 31406 of Senate Bill 1813 (known as MAP-21), calls for “Mandatory Event Data Recorders” to be installed in all new automobiles and legislates for civil penalties to be imposed against individuals for failing to do so.
INDIA - India test-fired a long range missile capable of reaching deep into China and Europe on Thursday, thrusting the emerging Asian power into an elite club of nations with intercontinental nuclear weapons capabilities.
EUROPE - The crisis-hit euro is teetering on the brink of collapse, the International Monetary Fund acknowledged for the first time yesterday. In a significant vote of no-confidence, a report from the global financial organisation admitted the troubled European single currency had “flaws” and was at risk of a “disorderly default and exit by a euro area member”.