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Friday, November 25, 2011

Pop Quiz of the Day: What does this all have to do with US?

Portugal hit by downgrade to junk status, strike

France Erupts as 1M Protest: Protests over plan to raise retirement age continued to rock the country

Analysts: Egyptian civil unrest to escalate despite military's efforts

Libya, Jordan And Yemen Hit By Renewed Unrest

Italy Borrowing Costs Almost Double at Auction as Euro Tumbles

Spain Economy Stalls in Third Quarter, Adding to Government’s Difficulties

Hungary Credit Rating Cut to Junk at Moody’s

Greece anti-austerity protesters join annual rally

Ireland demands debt relief, warns on EU treaties

Europe's plans for treaty changes to enforce fiscal discipline in the eurozone may fall foul of popular anger in Ireland unless the EU creditor states agree to share more of the pain.

Europe's plans for treaty changes to enforce fiscal discipline in the eurozone may fall foul of popular anger in Ireland unless the EU creditor states agreee to share more of the pain.
Mr Noonan said Ireland's public mood has turned very sour. Photo: AP
The Irish government has suddenly complicated the picture by requesting debt relief from as a reward for upholding the integrity of the EU financial system after the Lehman crisis, though there is no explicit linkage between the two issues.
"We carried an undue burden for protecting the European banking system from contagion," said finance minister Michael Noonan.

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