WORLD

Nouriel 'Dr. Doom' Roubini: ?Karl Marx Was Right?

At Issue: U.S. and Global Economies
Economist Nouriel "Dr. Doom" Roubini, the NYU professor who four years ago accurately predicted the global financial crisis, says tough medicine is needed to end it: another round of massive fiscal stimulus or a universal debt restructuring. If neither occurs, a systemic flaw will, at minimum, continue to hinder economic recovery.
At Issue: U.S. and Global Stock Markets

U.S. Stock Market: Dow?s Wild Ride May Continue, on Societe Generale Woes

After a week of wild gyrations that saw the Dow Jones Industrial Average rise or fall 400 points on four consecutive days, there?s word that a major bank in France with a funny-sounding name may be in trouble. Further, if you think a possible problem at France's Societe Generale won?t affect the value of the U.S. stocks you own, think again.
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Texas Gov. Rick Perry

Rick Perry: I Can Restore America?s Greatness

Surely wearing his boots emblazoned with the words "liberty" and "freedom," Texas Gov. Rick Perry announced he is making a run for the U.S. presidency in 2012. And if the recent polls prove to be a trend, he and his boots have already walked over many of his competitors.
For Discussion: U.S. Health Care Policy

U.S. Health Care Law: Supreme Court Likely to Determine Fate in 2012

The 2010 U.S. Health Care Reform Act will likely be decided by the U.S. Supreme Court in 2012, in a case that pits individual liberties concerns versus the U.S. Government?s authority to limit public health care costs via universal insurance. If the court hears the case by the spring 2012, it could issue a ruling in June 2012.
Gov. Rick Perry, R-Texas

Rick Perry launches presidential bid

Rick Perry, the conservative governor of Texas, declared himself a candidate for president on Saturday, shaking up the race for the Republican nomination to face Democratic President Barack Obama in 2012.
Syrian army tanks move into city

Syrian tanks enter coastal city

Syrian tanks and armored vehicles swept into the coastal city of Latakia on Saturday and gunfire was heard in a district where thousands had protested against President Bashar al-Assad, an activist group said.
Reactions to UK Riots: People Show Positive Spirit to ‘Fight Back’

UK to tackle social problems after riots

Britain needs to tackle deep-seated social problems following riots and looting in English cities this week, the center-right government said on Saturday, and a U.S. street crime expert it has brought in said arrests alone would not solve the problem.
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British police out in force to deter riots

British police flooded the streets to ensure weekend drinking does not reignite the rioting that swept London and other cities this week, shocking Britons and sullying the country's image a year before it hosts the Olympics.
Gov. Rick Perry, R-Texas

Republicans compete in Iowa, Perry poised to run

Six Republican presidential hopefuls compete Saturday in the Iowa straw poll, an unofficial test of campaign strength that will share the stage this year with the launch of Texas Governor Rick Perry's White House run.
Smoke billows from the Sony Centre in Enfield, north London

How Riots Stalked London Since World War II

The United Kingdom has a long history of rioting in places surrounding Braford, Notting Hill, Tottenham, Bristol, Birmingham, Liverpool, Bristol and several other places.
China to double solar capacity by year end: report

China to double solar capacity by year end: report

China will double its solar capacity to around 2 gigawatts (GW) by the end of the year as the world's largest solar-panel maker ramps up domestic installation, a local paper said on Saturday citing a government-linked think tank.
U.S. President Barack Obama signs the Budget Control Act of 2011 in the Oval Office at the White House in Washington

Analysis: Confidence in Obama's leadership shaken

A spree of bad news -- market gyrations, fears of a double-dip recession, stubborn unemployment and fallout from a debt deal -- has shaken confidence in President Barack Obama's leadership and could cloud his chances for winning re-election.

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