German airports still stingy with their wireless internet

German airports are slowly offering more free internet access, but progress is slow, with only Cologne Bonn Airport providing unlimited free surfing. That is in stark contrast to much of the rest of the world, including the United States, Austria and Australia where airports sometimes use the free internet access they offer as promotion for their facilities. The Handelsblatt newspaper, which listed a run-down of the situation in Germany... [more]

Search for 29 missing in Italy liner as captain grilled

Emergency workers searched Tuesday for 29 people missing from an Italian cruise disaster that killed six as the ship’s captain faced an interrogation on accusations that he veered wildly off course The head of the Italian coastguard, Marco Brusco, said there was “a glimmer of hope” for finding more survivors since the giant half-submerged vessel had not yet been fully inspected, but rescuers said the chances were now slim. Brusco... [more]

Greeks strike against austerity as EU, IMF visit

Striking Greek workers brought the Athens metro to a standstill on Tuesday and kept ferries docked to protest against austerity as the country’s lenders visited Athens to try to avert a disorderly debt default. EU, IMF and ECB officials start combing through Athens’ books on Tuesday as part of efforts to put together a 130-billion-euro rescue package that Greece needs to stay afloat when a major bond redemption comes due... [more]

French president shrugs off loss of AAA rating

French President Nicolas Sarkozy is shrugging off France’s downgrade in his first public comments to directly address the loss last week of its top credit rating. Standard & Poor’s downgraded the country’s debt over concerns on its economy and Europe’s ability to get a handle on its debt woes. Sarkozy told reporters Monday that the country needed to greet the ratings with “calm” and said that... [more]

Medvedev proposes direct governor elections

Russia’s outgoing President Dmitry Medvedevon Monday proposed a law to restore the direct elections of governors, part of a raft of reforms promised after massive nationwide protests — though the bill still preserves a strongKremlin role in the vote. Medvedev’s powerful predecessor and mentor, Prime Minister Vladimir Putin, oversaw a rollback in post-Soviet freedoms during his tenure as president, including scrapping gubernatorial... [more]

Belgian authorities raid 3 bishops’ offices

Belgian authorities on Monday raided the administrative offices of three Catholics bishops, part of an ongoing child abuse investigation that has previously raised the ire of the Vatican and church officials. Belgian Catholic Church spokesman Geert Lesage said the offices in Hasselt, Mechelen and Antwerp cooperated during the raids and handed over requested files as much as possible. He said it was still unclear exactly what authorities... [more]

Russia voices concern over U.S. new security law

The U.S. new security law allowing the military to detain American terrorist suspects without trial may entail grave consequences and contradicts international law, the Russian Foreign Ministry said on Sunday. Last December, U.S. President Barack Obama signed into law the national defense authorization act, which contains provisions regulating the detention, interrogation, and prosecution of suspected terrorists. The new security law allows... [more]

Financial transactions tax ‘failed’

As Europe debates whether to apply a tax on financial transactions, a former Swedish finance minister says Sweden’s experience in the 1980s was so negative it repealed the tax as plunging trading volumes led to disappointing tax revenues. “The Swedish experiences were negative, both from the point of view of the state’s finances and from a general socioeconomic perspective,” former finance minister Bo Lundgren, 64,... [more]

Deutsche Börse-NYSE merger heads for rocks

The merger of Deutsche Börse and NYSE Euronext, which would create the world’s largest market operator worth over $17 billion (€14 billion), looks seriously compromised just weeks from an EU competition decision. With European anti-trust services setting conditions deemed unacceptable by executives, there is a growing chance that the tie-up putting the New York Stock Exchange under the same roof as the German market operator will... [more]

Search continues on stricken cruise ship

 Police divers and rescue crews are circled around the wreckage of the cruise ship that ran aground off the Tuscan coast in an apparent search for the few dozen people who remain unaccounted for. Late Saturday a South Korean couple on their honeymoon were rescued when firefighters in the unsubmerged part of the Costa Concordia heard their screams. Crews in dinghies were seen Sunday morning touching the hull with their hands. They... [more]

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