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EU to Apply Stress Tests on Its Nuclear Plants

BRUSSELS -- Shocked into action by Japan's atomic crisis, European energy officials agreed Tuesday to apply stress tests on nuclear power plants and Germany moved to switch off seven aging reactors - one of them permanently. The European Union's energy chief called for a reassessment of the 27-nation bloc's energy policy,...

Japan Disaster Reignites Nuclear Debate Around the World

LONDON -- Japanese authorities are battling to stop radiation from leaking from Fukushima's quake-ravaged atomic power plant. But the economic and political fallout from the disaster has already spread far beyond the Land of the Rising Sun. Governments in Europe and Asia are tearing up or reviewing plans to build new...

German Interior Minister: Islam May Not Belong in Germany

He's only been in the job for three days, but Germany's new interior minister has already sparked a major controversy by suggesting that Islam does not "belong" in the country. Hans-Peter Friedrich, a member of the Bavaria's Christian Social Union party, made the headline-grabbing comments as police investigated the...

What Was the Motive in Shooting Deaths of 2 US Airmen?

Who is Arif Uka and why is he suspected of opening fire today on American servicemen on a U.S. military bus at Frankfurt's airport? The attack killed two airmen and wounded two. Investigators were scrambling to find out more about the 21-year-old Kosovo citizen after they say he fired shots at U.S. military personnel on...

UK, Germany Fly Secret Missions Into Libya

BERLIN -- British and German military planes swooped into Libya's desert, rescuing hundreds of oil workers and civilians stranded at remote sites, as thousands of other foreigners are still stuck in Tripoli by bad weather and red tape. The secret military missions into the turbulent North Africa country signal the...

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THE HUFFINGTON POST - BUSINESS

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05/31/12 Daily Dollar Forecast 06/01/2012 Source: International Business Times (Australia) UK House Prices rose in May for first time in three months as a pull back in supply helped spur values.
05/31/12 Euro is facing disintegration, Commission warns Source: Telegraph - London - UK The flow of money out of Spain has raised fears that its banking system could collapse, requiring a bail-out that its government cannot afford.
05/31/12 Draghi, Monti demand bolder steps to end EU crisis Source: The Economic Times - India German Chancellor Angela Merkel was besieged by critics for letting the euro crisis smolder, with the leaders of Italy and the European Central Bank demanding bolder steps to stabilise the 17-nation economy.
05/31/12 Spanish Banking Crisis: Push Comes to Shove Source: Forbes The Spanish banking crisis is forcing another showdown in Europe with the German-led Northern contingent increasingly under siege not just from the South but now from just about everyone else.
05/31/12 Deepening crisis forces Merkel to re-examine euro... Source: moneycontrol.com BERLIN (Reuters) - How far is Germany prepared to go to save the euro zone?