GERMANY

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Monti urges political backing in euro crisis

Technocrat Prime Minister Mario Monti appealed to Italy's politicians on Wednesday to back his tough economic medicine to avoid Rome becoming the next victim of the euro debt crisis, after a bailout for Spain's banks failed to calm markets.
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Euro Zone April Industrial Output Slumps, Recession Likely In Q2

Euro zone industrial production in April showed the steepest decline in four months and economists point to this data as an early indication that the euro area's narrow escape from technical recession in the first quarter is unlikely to last very long.
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Who's Next on the Debt Chopping Block?

Markets reacted positively to the Spanish banking sector bailout for about two hours before the sobering reality of the situation set in.
Germany

Merkel To Campaign For Financial Transaction Tax

German Chancellor Angela Merkel said on Monday she would campaign for a financial transaction tax, addressing concerns among the center-left opposition that her government was only using the issue as a way to get euro crisis legislation through parliament.
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Lenovo Battles Apple: Offers Broadband Access For ThinkPad

China?s Lenovo Group (Pink: LNVGY), the No. 2 PC maker, announced a no-contract broadband service for its ThinkPad Classic and ThinkPad Edge laptops for customers in the U.S. and nine European countries.
 A voter exits a voting booth after casting her ballot in Wilmington

Florida County Supervisors Resist Voter Purge

Florida election supervisors are refusing to go forward with a purge of non-citizen voters from the rolls, removing themselves from an escalating fight between the state and the Obama administration.

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