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Greece, Spain 'in depression': Stiglitz

Written By Unknown on Rabu, 17 Oktober 2012 | 23.34

GREECE and Spain are in "depression, not recession", Nobel prize-winning economist Joseph Stiglitz said, blaming tough austerity measures for their downward economic spiral. Mr Stiglitz also said that the IMF was "a little too optimistic" in...
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Five dead in arson-homicide at bar

Police investigate at Fero's Bar and Grill in Denver where the bodies of a man and four woman were discovered after firefighters extinguished a fire at the bar. Police believe the fire was lit to cover up a multiple homicide. Source: AP DENVER...
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30 people killed in central Nigeria attack

POLICE say that at least 30 people have been killed in an attack on a Christian village by Muslim herdsmen in central Nigeria. The attacks happened in Benue state, where the herdsmen burned a village of the Christian Tiv people. Benue police...
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US embassy staff in Stockholm return

US embassy staff in Stockholm have returned to their workplace after a suspect envelope prompted an evacuation earlier in the day. "The personnel has been allowed to go back to the embassy," embassy spokesman Jeff Anderson told AFP. Staff and...
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Worst grape harvest in half century

DROUGHT, frost and hail have combined to ravage Europe's wine grape harvest, which in key regions this year will be the smallest in half a century, vintners say. Thierry Coste, an expert with the European Union farmers' union, said that France's...
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Big Bird wants out of debate

WHAT do a Navy mum, Big Bird and AARP have in common? They want US President Barack Obama and Republican Mitt Romney to leave them alone. Both candidates are encountering cross words from third parties they've mentioned in their campaign ads,...
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Architect Oscar Niemeyer in hospital

BRAZILIAN architect Oscar Niemeyer, who is aged 104, has been in the hospital since the weekend, a hospital spokesman said. An official at the Samaritano hospital in Rio said no official bulletin on Mr Niemeyer's condition has been released....
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