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  • Greece's problems: Too big to fix?
    German leaders are furious with Greece. Yet again they have to go back to their electorates asking for more billions to throw down the black hole that is the Hellenic Republic. They have now become so angry that they are even openly proposing that Greece's fiscal affairs be deferred to some European Commissioner, preferably one of a Teutonic disposition.

  • Trader accused of fraud pleads not guilty
    A trader accused of fraud over a $2.3 billion loss in unauthorized trading reported by Swiss banking giant UBS pleads not guilty in a London court. The trial of the trader, Kwaku Adoboli, is due to begin September 3.

  • Ex-ECB head: EU part of 'global crisis'
    The former head of the European Central Bank says the eurozone's woes must not be taken in isolation, but viewed as part of a global crisis.

  • RBS chief bows over bonus
    There was a whiff of inevitability about the decision by Stephen Hester, the Royal Bank of Scotland chief executive, to waive his £1M ($1.57M) bonus late last night, as the political and media furor mounted.

  • Iran to halt oil to 'some countries'
    Iran's oil minister said on Sunday that oil sales to "some countries" would be halted soon, amid pressure from the parliament that the government should pre-empt a looming European embargo.

  • 100+ arrests in Occupy Oakland
    Municipal employees in Oakland worked Sunday to clean up damage they said was caused hours earlier by Occupy protesters, "possibly 400" of whom were arrested for breaking into a YMCA and City Hall and challenging police.

Gingrich says he's staying in GOP race (AP)

Republican presidential candidate, former House Speaker Newt Gingrich speaks during a news conference on Saturday, Feb. 4, 2012 in Las Vegas, Nev. (AP Photo/Evan Vucci)AP - Defeated in the Nevada caucuses, Newt Gingrich brushed aside all talk of quitting the Republican presidential race and said he hopes a series of victories will enable him to catch up with front-runner Mitt Romney by the Texas primary in early April.



Lance Armstrong rides on as doping allegations fall by wayside (The Christian Science Monitor)

The Christian Science Monitor - The decision by US prosecutors to drop a two-year doping investigation of legendary Tour de France champ Lance Armstrong could mark a stalemate in the debate over how to deal with the use of anabolic steroids in sport.

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