The euro area is headed toward a sharp economic slowdown in 2012, with some countries set for negative growth, and failure to restore confidence in battered state finances could prompt a major contraction in developed countries, the OECD said on Monday.
Change of regime? A trademark Al Qaeda flag was seen flying over Benghazi’s courthouse last week
Nato carried out 9,600 airstrike sorties in seven months, destroying 5,900 targets
Operation cost Britain estimated £300million
Michelle’s back, and she’s madder than ever. She was already pretty angry, seemingly unhappy with just about everything. As her husband wrapped up the Democratic nomination in 2008, she let fly her real feelings: “For the first time in my adult lifetime, I’m really proud of my country.” A few months into her job as first lady, her French counterpart asked how she liked the gig: “Don’t ask!” she reportedly spat. “It’s hell. I can’t stand it!”
Unesco, the United Nations’ cultural agency, has decided to give the Palestinians full membership of the body, in a vote that will boost their bid for recognition as a state at the UN.
Archive: IAF Targeting Terror Facilities (Photo: IDF Website)
A short while ago, a terrorist squad that fired a Qassam rocket at Israel from the southern Gaza Strip was targeted shortly after by an IAF aircraft. A hit was confirmed.
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China is very likely to contribute to the eurozone’s bail-out fund but the scope of its involvement will depend on European leaders satisfying some key conditions, two senior advisers to the Chinese government have told the Financial Times.
The Girl Scouts of Colorado are allowing a 7-year-old boy to join a local troop because he is “living life as a girl.”
Young stars eject massive amounts of material into the surrounding “interstellar medium”
The chemical factories around young stars may give rise to far more complex molecules than previously thought.
The Washington, D.C. Office of Human Rights confirmed that it is investigating allegations that Catholic University violated the human rights of Muslim students by not allowing them to form a Muslim student group and by not providing them rooms without Christian symbols for their daily prayers.
WSJ’s Francesco Guerrera discusses the European bailout plan reached this week and harkens back to an Italian proverb: Fatta la legge, trovato l’inganno. “Make the law and a way will be found around it.” Photo: REUTERS/Yves Herman
BRUSSELS—Will it work?
The deal euro-zone leaders hammered out in the early hours of Thursday sparked a world-wide stock rally. But the market moves belied widespread caution about the accord among economists and analysts—and even some of the decision-makers in the debt crisis.
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