Netherlands pleased with move to arrest SS officer

The Ministry of Security and Justice is pleased that the German Public Prosecution Office has moved to arrest war criminal Klaas Carel Faber. The PPO issued a request for the arrest of the 89-year-old former Nazi SS officer last week to a court in the southern German city of Ingolstadt. A spokesperson for the Dutch Justice Ministry called the development a breakthrough. “We are watching with interest what the German court decides” a... [more]

Sarkozy calls crisis job summit

President Nicolas Sarkozy is gathering union and business leaders together on Wednesday for a crisis summit on the country’s unemployment situation. Recent figures showed unemployment at a 12-year-high and close to the 10 percent mark. The government’s main measure of unemployment now stands at 2.85 million people. A broader measure, which includes part-time job seekers, puts the total at over 4 million. The government has already... [more]

Sweden Social Democrats affirm eurzone pact opposition

The Social Democrats remain opposed to having Sweden join the eurozone stability pact, while the Centre Party said on Wednesday it supported the deal “with conditions”. “We said no in December to the negotiated proposal because we believed it represented a backdoor to joining the eurozone. When we studied the document, it confirmed our impression. This isn’t a solution to Europe’s problems,” Social Democrat... [more]

China backs eurozone to overcome debt crisis

China said Tuesday it believes Europe can overcome its economic difficulties, after Standard & Poor’s cut the sovereign debt ratings of nine eurozone countries and the region’s bailout fund. The wave of downgrades, including that of France’s triple-A status, underscored European leaders’ inability to come up with a solid plan to tackle their two-year-old debt crisis. Beijing’s comments come as official... [more]

Greece, creditors strive to avoid costly default

Greece goes head to head with its creditors on Wednesday in a renewed attempt to break a deadlock in negotiations to slash the country’s debt and stave off default. International private sector creditors represented by the Institute of International Finance (IIF) were set to meet the government in the afternoon. Talks broke down on Friday over the interest rate Greece will offer on new bonds and a plan to enforce investor losses. Ratcheting... [more]

Obama sued over indefinite detention and torture of Americans act

In the past, journalist Chris Hedges has worked for NPR, The New York Times and the Christian Science Monitor. In his latest endeavor, however, he is teaming up with an unlikely pair: a couple of attorneys that will help him take on the president. US President Barack Obama is the target of a suit filed by Pulitzer Prize-winner Hedges, and the reasoning seems more than obvious to him. The decision to take the commander-in-chief to court comes... [more]

Russia to Test if U.S. Radar Downed Phobos Probe

A Russian government commission inquiring into why the Phobos-Grunt Mars probe crashed this week is to test whether it was affected after launch by U.S. radars on its second orbit around the Earth, the commission said on Tuesday. The investigators said that they would stage an experiment where a model Phobos will be subjected to radiation similar to that from U.S. radars. “The results of the experiment will allow us to prove or dismiss... [more]

France facing key bond test after downgrade

France is to issue long-term bonds on Thursday in the first test of its market credibility in the wake of Standard & Poor’s decision to strip the country of its cherished triple-A rating. The sale, an attempt to raise between €7.5 billion and €9.5 billion (between $9.5 billion and $12 billion), will be watched keenly to see whether France will pay higher yields or whether the markets will shrug off the downgrade as they did... [more]

Sweden ‘not ready’ to recognize Palestine: Foreign Minister Bildt

The time is not right for Sweden to recognize the Palestinian state or make any promises to upgrade the country’s status in the UN, said foreign minister Carl Bildt on Monday after the Centre Party recently made a u-turn on the issue. “Of course we would like to, but the main aim right now is to stimulate the two parties to a dialogue. That’s what we are supporting,” Bildt said at a press conference with his Finnish colleague Erkki... [more]

Kim brother says N.Korea heading for collapse

The eldest brother of North Korea’s new leader says reforms needed to avert the collapse of the country’s economy will lead to the end of its Stalinist regime, according to a book to be published this week. Kim Jong-Nam, the half brother of Kim Jong-Un who took control of the hermit state on the death of their father last month, says the military has become so powerful it will step in and take over. The comments come in a book... [more]

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