- GUATEMALA : Court Throws Out Rios Montt Genocide Conviction; Trial Restart Ordered.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- BRASIL / ITALY / GUATEMALA / USA / RUSSIA: 1 Dead, 7 Injured In Rio Fuel Tanks Fires/ Blasts; Ruby Heartstealer Admits Lying About Silvio's Sex Parties, Money; Ex-Prez Alfonso Portillo Extradited To USA For Money Laundering; Moscow Bans VKontakte By 'Mistake.'
- UKRAINE / EU / RUSSIA : Pressure Builds On Yanukovych; Yulia's Treatment Is Euro 2012 PR Blunder; Putin Backs Kyiv.
- RUSSIA / AZERBAIJAN / DENMARK / EUROVISION 2013 / IMAGES: 21 May UPDATE: Moscow Outraged By Azeri Vote Problems; Denmark Won Finals...That Featured Lesbian Kiss; Germans Blame Poor Showing On Merkel.
- COLOMBIA : Top Pop Singer Shakira...Sued By Ex-Novio...For $100 Million.
- AUSTRALIA / USA : USA Navy Resumes Ship Sinking Exercises.
- MEXICO: The Growing Number Of Narco Women.
- MEXICO/ USA : 11 Oct. UPDATE: Navy Admits Killing Top Zetas Leader Lazcano...Was Accident; 'La Ardilla' Smirks Over His Arrest For Falcon Lake Murder; Analysis Of Calderon's 'Kill The Capos' Plan.
- UKRAINE / GERMANY : Official Blasts Hotels...As 'Bandits And Thieves'...Over Euro 2012 Housing Costs; Movie About Legendary Nazi Football Defeat Worries Officials.
26 November 2011
Here's a very interesting news analysis...overlooked during the USA holiday.
"Since 2009, Germany and a handful of other countries, like the Netherlands, have benefited significantly from cheaper borrowing costs as investors diverted cash from riskier assets and the bonds of southern European countries to debt issued by the Continent’s fiscal hawks."
Germany may have saved as much as E40bn/$54bn in borrowing costs from just 2009-2011...while the Netherlands saved at least E7.5bn.
"It helps explain why Germany has taken a tough line against “budget sinners” in the south like Greece, which have been virtually locked out of bond markets by high borrowing costs, and why Germany has been reluctant to create a “big bazooka” or huge bailout fund to stem the crisis. The bond markets delivered cheap money to Germany, and resulted in something Berlin badly wanted: economic overhauls in Southern Europe."