Europe / Russia

S&P downgrades ratings of 34 Italian banks

Standard & Poor’s cuts the credit ratings of 34 Italian banks citing concerns about their ability to finance given the broader problems facing Italy

Friday, February 10, 2012 (Financial Times )

APPLE: Steve Jobs ‘twisted the truth’, say FBI files

The US Federal Bureau of Investigation Thursday release a 191-page file it compiled during on late Apple founder Steve Jobs. The report contains information about Jobs early hashish and LSD use, and q

Friday, February 10, 2012 (France24)

CIA website offline, Anonymous takes credit

The website of the Central Intelligence Agency was unresponsive on Friday after the hacker group Anonymous claimed to have knocked it offline."CIA Tango down," a member of Anonymous said on @YourAnonN

Friday, February 10, 2012 (France24)

Video of US dad shooting daughter's laptop goes viral

A video of an angry American father pumping nine slugs from a handgun into his daughter's laptop has gone viral on YouTube and sparked an impassioned online debate over his parenting skills.Tommy Jord

Friday, February 10, 2012 (France24)

False dawns and public fury: the 1930s are not so far away

Saving the euro should is not everything. We must also ensure that more tested aspects of the EU survive an all-too-possible euro break-up, writes Martin Taylor

Friday, February 10, 2012 (Financial Times )

Bankia to set aside €3.4bn for provisions

Spanish bank, which reported net profit for full year fell 13 per cent to €309m, denies again that talks took place with rival La Caixa

Friday, February 10, 2012 (Financial Times )

GREECE: Greek ministers resign as bailout hangs in the balance

Five Greek politicians, including the deputy foreign minister, resigned Friday over a crunch bailout agreement that the country needs to avoid bankruptcy. Greece’s future in the euro is now increasi

Friday, February 10, 2012 (France24)

Obama to forecast $1.33 trillion budget deficit

President Barack Obama's budget to be released on Monday will project a $1.3 trillion deficit in fiscal year 2012, an administration official said.Obama's last annual budget before he seeks reelection

Friday, February 10, 2012 (France24)

Standard&Poor's downgrades 34 Italian banks

Standard and Poor's on Friday lowered the credit rating of 34 Italian banks in a move that follows the agency's two-notch downgrade of Italy on January 13.Italy's biggest financial institutions, inclu

Friday, February 10, 2012 (France24)

Toulouse to be EADS ‘centre of gravity’

Tom Enders, the incoming chief executive, is planning to relocate the headquarters of the aerospace manufacturer from Paris and Munich

Friday, February 10, 2012 (Financial Times )

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