UBS CEO Grübel Hastily Resigns Over Rogue Trading Losses
The announcement by Kaspar Villiger (left), Board Chairman of UBS (Union Bank of Switzerland), that CEO Oswald Grübel had resigned on Saturday caught many...
Europe
Islamic Woman Opposed to Burqa Ban Seeks French Presidency
Since France passed legislation earlier this year banning the Islamic burqas, or face-veils, from its streets, the law has engendered a wave of...
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Britain Collars Seven In Terror Plot
Authorities in the United Kingdom have arrested seven suspects in connection with a terror plot. British intelligence raided more than a dozen homes...
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EU Debt Crisis: Italian Bonds Downgraded
The sovereign debt woes of the European Union are nearing a critical stage. Greece's short-term bonds have recently shot to 60 percent, indicating...
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UK Govt. Labels School Kids Racists, Homophobes
The British Department of Education labeled at least 50,000 school children in Britain as racists and homphobes, the Daily Mail has reported in...
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Is Rogue Trader Taking a Fall for Corrupt UBS?
Swiss bank UBS trader Kweku Adoboli (left) was arrested early Thursday morning and charged with two counts of false accounting and one count...
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Beleaguered Belgium: Yves Leterme Resigns
If the European Union begins to disintegrate, what signs would portend its spiral into disunion? One would be a member nation utterly ignoring...
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Polish Abortion Ban Defeated; Pro-Life Leaders Optimistic
Pro-life leaders in Poland remain optimistic despite the narrow defeat of a bill that would have completely banned abortion in the largely Catholic...
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Greek Prime Minister’s Promises Ring Hollow
Prime Minister George Papandreou’s speech on Saturday evening in Thessaloniki was designed to reassure not only his Greek citizens that all would be...
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Private Banks Urged to Support Greek Bonds
Collectivist statists from America to southern Europe are singing a familiar tune: The private sector is to blame for the economic nightmare that...
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Muslims Attack EDL Bus In London, EDL Members Arrested
A mob of angry “Asians” — the media’s code-word for Muslims — in England attacked a busload of members of the English Defense...
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Britain Lawmakers Call for Change to Abortion Laws
A rare abortion debate has been incited among lawmakers in Britain, who are now reconsidering the nation’s approach to abortion. The debate is...
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Report Says Death of Euro Will Lead to Doomsday
Those who are hoping for a more optimistic report of the global economic future should probably not read on. According to a report...
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Few See Hope in European Crisis
The global economy is facing a meltdown, according to World Bank President Robert Zoellick. “We are moving into a dangerous period,” he told...
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Obese Children Removed from Home in Scotland
Officials in Scotland have decided it is fit and proper to take obese children away from their parents. In particular, parents of four...
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