Hard hitting global and local news
Slovenia Rules Out Bailout; Translation: "Slovenia Bailout Coming Right Up" An official denial is in: Slovenia Rules Out Bailout . Here is my interpretation: "A bailout is already in the works, only the date of the announcement is uncertain".
Yahoo! Finance presents another video interview from the Wine Country Conference. This one is an interview of John Hussman by Lauren Lyster: U.S.
Michael Pettis Interview with Lauren Lyster: Decade of Slower Growth for China Here is an interview of Michael Pettis by Lauren Lyster from the Wine Country Conference. Pettis says China faces a decade of slower growth
Read More: Jim Chanos on Daily Ticker: Stay Away From U.S. Tech Firms
See the original article here: EU Warns Portugal on Austerity Measures; Portugal Faces Fresh Spending Cuts; Second Bailout Coming Up
Portugal’s Constitutional Court has ruled several key articles of the 2013 state budget unconstitutional.
First consider Underwater: The Netherlands Falls Prey to Economic Crisis . The Netherlands, Berlin’s most important ally in pushing for greater budgetary discipline in Europe, has fallen into an economic crisis itself
Read More: Jobs +88,000, Unemployment Rate 7.6%, Household Survey Employment Drops by 206,000
See more here: 97% of Spain’s Social Security Pensions are Invested in Spanish Government Debt
Daily Show "Monsanto Bill": In Budget Bill Congress Inserts Provisions on Genetically Modified Foods and Gun Control Please watch the first part of last night’s Daily Show .