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Greek Deficit Shoots Up; Citigroup Trader Probed for False Speculation
By Anthee Carassava - AOL NewsATHENS, Greece -- This country's 2010 deficit shot up significantly more than anticipated, European Union data revealed today, signaling ailing attempts by the government in Athens to rein in the country's runaway finances and avoid a painful debt makeover. At 10.5 percent of the country's gross domestic product -- well above the 9.4 percent forecast -- the Greek deficit ranked second highest in the European Union last year, according to a statement from Eurostat, the EU's statistics agency. Crisis-hit Ireland topped the list with 32.4 percent, while the U.K. ranked third with 10.4 ...
Are US, Other Allies Ignoring Saudi Arabia's Political Prisoners?
By Dana Kennedy - AOL NewsThe U.S. and European Union are ignoring the fact that Saudi Arabia has arrested more than 160 political dissidents in just two months, Human Rights Watch said in a scathing report today. More than 160 "peaceful" dissidents have been arrested in the oil-rich kingdom since February, as the so-called "Arab Spring" of revolt spread throughout the Middle East. Most of the arrests were in Eastern Province, where the Shiite minority has been holding protests calling for political reforms and the release of prisoners. "Allies of Saudi Arabia have not publicly protested these serious and systematic ...
France to Italy: We Don't Want Your Tunisian Immigrants
By Dana Kennedy - AOL NewsMENTON, France -- Simmering tensions between Italy and France over the influx of thousands of Tunisian immigrants reached the boiling point after French riot police blocked trains carrying North Africans bound for the French Riviera from southern Italy. More than 20,000 Tunisian immigrants have arrived in Italy since the January revolution in their country. Rome granted them residence permits of six months so they can join "friends and family" in France and elsewhere in Europe -- a move that has infuriated France. On Sunday, about 350 mostly Italian activists supporting the Tunisian ...
Tables Turned: Microsoft Asks EU to Investigate Google [VIDEO]
By not in system - AOL News...
Protests Spike in Greece as Government Weighs Support of Attack on Libya
By Anthee Carassava - AOL NewsATHENS, Greece -- Demonstrators took to the streets of the capital today to protest international air strikes against military assets of Libyan leader Moammar Gadhafi as Greece weighed its support of the allied offensive. Toting anti-war banners and shouting slogans against the bombing raids, hundreds of leftist protesters -- mainly high school and university students -- gathered in central Athens, setting off on a protest march to the Parliament. Similar protests also took place on the island of Crete, where hundreds marched to the U.S.-controlled Souda Bay naval base, which provides ...
500,000 Pack Dublin for St. Patrick's Day Parade
By not in system - AOL NewsDUBLIN -- More than 500,000 people packed the heart of Dublin for an unusual St. Patrick's Day parade today that pointed out Ireland's current gloomy mood -- and sought to sweep it away for a day. The hourlong procession was the largest of 120 across Ireland, a nation reeling from a three-year recession and a debt crisis that has led to unemployment, resurgent emigration and an international bailout. Thousands more parades featuring Ireland's worldwide diaspora were taking place from Sydney to San Francisco. Peter Muhly, AFP / Getty Images Throngs of revelers crowd the streets of ...
Pro-Gadhafi Forces Close In on Rebel-Held Cities
By not in system - AOL NewsTRIPOLI, Libya -- International pressure on Moammar Gadhafi to end a crackdown on opponents escalated Monday as his loyalists fought rebels holding the two cities closest to the capital and his warplanes bombed an ammunition depot in the east. The U.S. moved naval and air forces closer to Libya and said all options were open, including patrols of the North African nation's skies to protect its citizens from their ruler. France said it would fly aid to the opposition-controlled eastern half of the country. The European Union imposed an arms embargo and other sanctions, following the lead of ...
US, Allies Aim Military and Financial Might Against Gadhafi
By Joseph Schuman - AOL NewsThe Obama administration and international allies today stepped up pressure on Moammar Gadhafi to quit Libya, freezing billions of dollars of the strongman's assets and threatening to impose a no-fly zone to stop his government from striking rebel forces from the sky. The U.S. Treasury Department said it has frozen at least $30 billion in Libyan government assets so far under the executive order signed Friday by President Barack Obama. David Cohen, the acting Treasury undersecretary for terrorism and financial intelligence, called the freeze "the largest blocking under any sanctions program ...
US, Europe Intensify Efforts to Isolate Gadhafi
By not in system - AOL NewsWASHINGTON -- The United States and European allies intensified efforts to isolate Libyan leader Moammar Gadhafi on Monday, redoubling demands for him to step down, questioning his mental state and warning that those who stay loyal to him risk losing their wealth and being prosecuted for human rights abuses. Europe, which buys most of Libya's oil exports, outlined fresh sanctions to force the dictator to stop attacks on civilians and step down after 42 years of iron-fisted rule. The European Union issued travel bans and an asset freeze against senior Libyan officials, and ordered an arms ...
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