Germany and European Union officials are urgently exploring ways to rescue Spain's debt-stricken banks although Madrid has not yet requested assistance and is resisting being placed under international supervision, European sources said on Wednesday. Spain, the euro zone's ...read more
Traders fearful of a rupture in Europe's financial system retreated Wednesday from risky investments. They punished stocks and fled to the safety of U.S. bonds, pushing the yield on the benchmark 10-year Treasury note to a record low. Major U.S. stock indexes fell more than 1 ...read more
Mary Richardson Kennedy, wife of Robert F. Kennedy Jr., was found dead at her Bedford home Wednesday afternoon, officials said. Her official cause of death has not been released, but a source close to the investigation told The Journal News that she hanged herself. Bedford ...read more
Prolonged electoral uncertainty has put Greece into a state of deep freeze, meaning whoever finally emerges as the new leader will take over a country already falling behind on its promises to lenders. The European Union and International Monetary Fund demanded extensive cuts ...read more
The growing ranks of Syria's disaffected appeared to get a high-profile addition Wednesday, when a man identifying himself as Abdo Hussam el Din, the country's deputy oil minister, announced in a video posted on YouTube that he was defecting from the regime of President Bashar ...read more
Not good news - the financial crisis in Greece appears to be worsening, threatening the entire global economy as a result. From the Guardian: The French president Nicolas Sarkozy and German chancellor Angela Merkel will hold emergency talks on Wednesday in a desperate attempt to ...read more
