ELECTIONS

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Greek Pasta Sales Surge On Election, Grexit Fears

Greeks are stocking up on non-perishable staples like pasta on fears that Sunday's elections presage an end to the nation's euro zone participation and a return to the drachma, Reuters reported Wednesday.

The Big Event: Greek election

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Event risk is building for this weekend as the much-ballyhooed second round of Greek elections gets underway on Sunday.

US National Debt - 5 Times Greater Than The Government Admits

The U.S. 2012 fiscal year budget is unveiled in Washington
The IOU that is being laid on the doorsteps of U.S. taxpayers in the form of the national debt is far greater than most Americans realize. That's because the federal government does not report the true size of the national debt -- now nearly $80 trillion.
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Spanish Bond Yields Draw Closer To Euro-Era Highs Again

The reassurance provided by the ?100 billion ($125 billion) Spanish banking bailout last Saturday has already waned, and on Tuesday morning, the country's 10-year bond yields rose again to 6.67 percent, drawing closer to euro-era highs of 6.8 percent.

Nikkei Falls Amid Revival Of Euro Zone Concerns

Japan's Nikkei 225 Stock Average fell Tuesday as the early investor excitement on the bailout for Spanish banks subsided to revive concerns about the debt crisis looming over the euro zone.
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Asian Markets Give Up Gains On Spanish Debt Fears

Asian markets reversed the previous day's hefty gains on Tuesday as a European bailout for Spain's debt-stricken banks failed to convince investors that the spread of the debt crisis in Europe will be halted.
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The Rain in Spain

Not wanting to leave markets complacent going into the weekend, troubling headlines continue to hit the wires from the common-currency bloc overseas.
 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.
Myanmar

Australia Lifts Sanctions Against Myanmar, Increases Foreign Aid

Australia will lift its remaining financial sanctions and travel restrictions against Myanmar, Australian Foreign Minister Bob Carr announced Thursday, citing the southeast Asian country's progress toward democratic reform following decades of military rule.

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