Hard hitting global and local news
The newspapers and politicians do not see it that way and Gloves come off in Google v Germany . Google and German newspaper publishers are poised to trade blows at a parliamentary hearing at the end of January over plans to allow Germany’s print media to charge internet search engines for displaying links to newspaper articles
Those looking for a step in the right direction today can find it in the Financial Times Live Blog which announces “EU drops timetable for creating eurozone fiscal and banking union”. EU heads of state and government have started gathering in Brussels even though their summit isn’t scheduled to begin until 5pm.
More Nannycrat Insanity: EU Wants to Ban Youth Unemployment Youth unemployment is shockingly high in Greece, Spain, and Italy as shown by Europe’s Most Tragic Graph by The Atlantic . Young workers in Greece and Spain are facing an absolutely egregious work drought, where half of high-school and college-graduates ready to find a job aren’t finding one
Read this article: New Meaning of the Word Voluntary; Bond Buyback Balancing Act
Read the original post: McCain, Lévy Openly Conspire Against World Peace
More: No Greek Deal; Talks Postponed Till Monday; Who Blinks First?
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More: Lagarde Says Greece Deal Should be "Rooted in Reality"; Mish Says Lagarde Should be "Rooted in Reality"
Continue Reading: European Industrial Production Plunges 2.3 Percent; Greece GDP Plunges 7.2 Percent
This month Italy seeks trials over credit downgrades Italian prosecutors have requested that five employees of Standard & Poor’s and two from Fitch be put on trial for alleged market manipulation connected to their downgrades of Italy’s credit rating. The prosecutors contend the accused violated EU rules by releasing the downgrades when European markets were open and by not alerting the Italian government 12 hours before the decisions, dating back to earlier this year and last year, were made public.