Categories
Ideas

Europe’s Crisis Is More Than Economic – It’s Existential

-Analysis- MUNICH – Last month, for a moment, crisis-plagued European nations seemed to have reason to rejoice: Germany’s Constitutional Court had cleared the way for the European Stability Mechanism, the European Central Bank (ECB) announced its plan for potentially unlimited purchases of government bonds in crisis countries, and the EU Commission laid out a new […]

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Economy

Zuckerberg And Medvedev *Chat* Facebook Expansion, In Person

KOMMERSANT (Russia), FACEBOOK, TWITTER Worldcrunch MOSCOW – Facebook founder Mark Zuckerberg met with Russian Prime Minister Dimitry Medvedev to discuss the possibility that the social network’s presence in Russia expand from the virtual to physical world. The two talked business development at the Skolkovo Innovation Center, a Silicon-Valleyesque tech center near the city of Samara, […]

Categories
Society

Spot The Difference: IKEA Photoshops Women Out Of Saudi Arabia Catalogue

METRO (Sweden), SPIEGEL ONLINE (Germany) STOCKHOLM – Need more space in the room? IKEA may have found a new solution. Sweden’s free newspaper Metro noticed that women had been airbrushed out of the Saudi edition of the Swedish home furnishings store’s 2013 catalogue. Sweden’s Minister for Trade Ewa Björling told Metro: “You cannot erase women […]

Categories
Society

Gunter Grass: Provocative New Verses On Israel, Masturbation, Pope

DIE WELT, FRANKFURTHER RUNDSCHAU (Germany) The new book of poems, Eintagsfliegen (Ephemera), by German Nobel prize winner Günter Grass, 84, is already causing controversy. Reviewers who received advance copies describe “touching texts about aging and death,” and call the collection “a declaration of love to Germany.” But the poem called A Hero In Our Time […]

Categories
Geopolitics

Euro Zone Unemployment Stays At Record High Levels

EUROSTAT (Luxembourg) Worldcrunch LUXEMBOURG – Unemployment in the euro zone remains at record high levels, with 18.2 million people out of work in the most recent count released Monday by EU statistics agency Eurostat. Compared with August 2011, unemployment rose by 2.1 million in the euro zone. The number of people out of work remained […]

Categories
Economy

UK’s New Financial Czar Wages War On Bad Bankers

THE INDEPENDENT, FINANCIAL TIMES (UK) Worldcrunch LONDON – Martin Wheatley, the newly appointed chief financial policeman to the UK vowed on Monday that there will be no stone unturned in bringing corrupt bankers to justice in the City- London’s financial hub. Bad bankers warned: repent or go to jail ind.pn/QEdKg3 — The Independent (@Independent) October […]

Categories
Geopolitics

Afghan Suicide Bomber On Motorbike Kills 14

REUTERS, THE NEW YORK TIMES (USA), AL JAZEERA (Qatar) Worldcrunch KABUL – A suicide attack Monday killed at least 14 people, including three NATO soldiers and four Afghan police, and wounded dozens in Afghanistan’s volatile eastern Khost province. Six civilians and an Afghan interpreter also died in the attack carried out by a bomber wearing […]

Categories
Future

From Google To Volkswagen, The Global Race For Self-Driving Cars Is On

BERLIN – Everybody should have a car like KITT — the black 1982 Pontiac Trans Am that David Hasselhoff, in the TV series Knight Rider, fought crime with. Hasselhoff’s character couldn’t believe what happened the first time he drove the car. As he was driving 140 miles an hour on the highway, a truck appeared […]

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