Arnold Schwarzenegger, who made a seamless transition from Hollywood film stardom to California governor, could have his sights set on a new job as next head of the European Union, US media reports.
Finland's euroskeptic True Finns party surged to third place in Finland's elections yesterday which was the result of growing voter backlash over unemployment, and EU bailouts for Portugal, Ireland, and Greece.
"Taxpayers should not be responsible for paying the debts of a private institution," said Sigriur Andersen, a spokeswoman for the Advice group, which opposes the agreement. "I think that sends the wrong message onto the market...
What did the Irish get in exchange? Nothing, other than continued ability to spend more than they tax - for a little while. And what did they lose? Their sovereignty. The latest insult is the revelation that the ECB and EU have effectively...
What is the point of throwing the bums out in a massive repudiation of government policy if the new bums have the identical policies as those they replace?
The Estonian election maintained the primacy of the libertarian Reform Party and its center right partners. While they are a firmly European party and they have a suspect environmental policy, Reform is more libertarian than not.
A recent poll suggests that nearly half of the British voters would consider a non-racist, non-violent "far right" party. There is only one party that fits the bill: The UKIP.
Milk and meat from cloned animals’ offspring could soon be on sale without any warning labels, shoppers were warned last night.
Waterford, Ireland – “Ireland is broke,” said our taxi driver. We like to ask cab drivers about the economy. Not that they understand anything any better than the average central bank economist. But they talk to people. Without cameras or tape rec
As the results of the first of seven German regional elections hits the wire, the German people are heard loud and clear: "no more bail outs." The outcome of the Hamburg election is nothing short of a disaster for Angela Merkel and her ruling CDU par
The European sovereign debt crisis still exists determined by the only arbiter that matters, the marketplace. Bonds 101 says that there is a concept known as risk and reward. That is the greater the risk, real or perceived
There is a real sense of the “calm before the storm” in markets globally. Complacency reigns, despite signs that the sovereign debt crisis in Europe is deepening and that Japanese and US bond markets also look very vulnerable due to rising...
The best-known GM producer, another US giant Monsanto, is at the forefront of legal moves to open up the European single market, home to half a billion people and 20 million companies.
As the UK awaits the decisive Thursday vote to defy the ECHR on the votes for convicted prisoners, there are signs that the UK is seriously reconsidering whether UK should remain in the ECHR.
Once again the so-called Tory government crushed the effort to have the PEOPLE of the UK the right to vote on EU membership. Only a handful of MPs followed Lord Nelson's famous signal: England expects every man to do his duty!
As the United Kingdom decides whether the defy the European Court of Human Rights (The one that allowed Germany to use Nazi-era laws to ban homeschooling) on prisoners voting rights; it is wondered what to do with the ensuing lawsuits. Simple soluti
Is the new most terrifying nine words in the English language, "I'm from the EU, and I'm here to bring you democracy?" It seems so. Egypt and Tunisia would do well to renounce EU-style democracy.
In other words suddenly the entire Irish "rescue", taken for granted for over a month, will have to be reexamined, once the new ruling party, which will certainly be from the current opposition reevaluates the terms.
It appears that Irish savers are sufficiently smart to realize that their money is no longer safe in a banking system whose existence is now only backstopped merely from referendum to referendum.
A European Treasury should be created to pool debt management, starting with Germany and France, according to a report that French President Nicolas Sarkozy said on Thursday he would pass on to the EU authorities.
Hundreds of herbal medicinal products will be banned from sale in Britain on May 1st, 2011, under what campaigners say is a "discriminatory and disproportionate" European law.
China has said it is willing to bail out debt-ridden countries in the euro zone using its $2.7trillion overseas investment fund.
The party line is everything is fine in bank land….even Eurobank land. But some recent developments suggest otherwise.
We have compiled a representative sample of snapshots from across Europe to show just why all those hoping for a strong holiday retail season in Europe will be very disappointed.
Over here we have had a much larger tumor and we have not been diagnosed. When you are pumping more and more painkillers [qe2s], you stay in the same place and there are harmful side effects. Here, we are not yet at a consciousness.
Tens of thousands of student protesters from universities, colleges and schools have been marching across England in protests against the huge hikes in tuition fees, together with the scrapping of Educational Maintenance Allowance...
Because things are a little worse in Europe economically, and because the people there actually do realize the people in power are monkeys, they have now reached that stage of realization where burning things up is the logical response.
The country with biggest exposure to the PIGS is not surprisingly Germany with $513 billion, followed by France at $410 billion, Great Britain at $370 billion, and... the US at $353 billion
New bailout funds would be senior to existing government debt (this is a standard feature of IMF rescues and bankruptcy financings)
"Complete madness has overcome the European Union: on the broader point there are those here who do see the European project a staging post to one world government" Nigel Farage