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Italy's Biggest Problem Is That Is Doesn't Have Any Political Parties

Italy's biggest problem is now clear, and it's likely to remain Italy's biggest problem for some time to come - the country has no politicians. Finally, I’ve cracked it.  I’ve understood what Italy...

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The $9 Billion British Gambling Industry Is About To Go Insane

LONDON (AP) — What are the odds of a UFO sighting during the London Olympics opening ceremony? Or of the final torch bearer tripping as they ascend to light the flame? Or would you prefer a more...

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Emerging Market Consumers Would Rather Buy TVs Than Dishwashers (EMB, PCY, EEM)

Per capita income of $5,000 is a "key threshold for consumption" in emerging markets, according to UBS analysts Nicholas Smithie, Jennifer Delaney, and Stephen Mo. At purchasing power parity GDP per...

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A 12-Year-Old Boy Was Drowned In Boiling Water During A Brutally Violent Home...

A 12-year-old boy was drowned in boiling water and his mother raped and killed in a violent house invasion in South Africa.  Three men, one of them the family's gardener, pleaded guilty on Tuesday to...

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How Eurozone Black Sheep Slovakia Achieved Miraculous Growth

By Florence Beugé LE MONDE/Worldcrunch The past ten years have been a success story for Slovakia. The country was the last to arrive in the Eurozone (in 2009), and here it is, taunting Europe....

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Why Italy Refuses To Recognize The World's Fifth-Largest Religion

By Flavia Amabile LA STAMPA/Worldcrunch ROME - Should a boy scout walking around with a Swiss-army knife be considered dangerous? Should Swiss-army knives be banned altogether?  Well, for the Italian...

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Israel Is Making A Killing Off Of 'War Tourists' Who Come To Watch The Deadly...

"War tourists" have begun flocking to Israel's Golan Heights, reports CBS News, where they are able to see some of the explosive fighting raging on just beyond the border.   Both Israeli and foreign,...

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Cyprus Keeps Running Out Of Money

The government of Cyprus is desperate. Enough so that it held its nose in June and requested aid from the Troika—those despised austerity thugs made up of the European Union, the European Central...

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An Olympic Remembrance

Forty years ago, in the early morning of Sept. 5, 1972, 11 Israeli athletes and coaches who had gathered to participate in the Munich Summer Olympics were kidnapped and later killed, along with a...

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The State Of The Beer Industry Perfectly Reflects The Global Economy

Good news first. Despite the financial crisis, the Eurozone debt crisis, the housing collapse, the endless series of taxpayer-funded or central-bank-engineered bailouts, worldwide beer production has...

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Productivity Puzzle: More People Are Back At Work In Britain, But Output Is...

A puzzle: since last quarter, 181,000 more Brits are in work, but output is down 0.7%. What are these people doing, you might ask. The caveats are that the quarterly employment figures are from March...

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What Millions Of Young People In Spain Really Think

This post originally appeared at Gloobbi With unemployment rates surpassing well over 50 percent, Spain’s youth are at the forefront of the economic meltdown currently spanning Europe, particularly...

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Iran's Supreme Leader Joined Instagram — Here's His First Photo

Grand Ayatollah Ali Khamenei, the supreme leader of Iran since 1989, may or may not have some interest in nuclear technology, but he is not especially known as an early adopter when it comes to social...

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Norway's High Taxes Just Incentivize Underachievement

Ah, Norway. Government-loving statists love to hold this place up as a shining example that big government and high taxes are good. Free education. Free healthcare. “Happy” people. Yes, Norway is...

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China Aims To Develop Massive Reserves In Disputed Parts Of The South China Sea

SINGAPORE/BEIJING (Reuters) - First came the diplomatic offensive, then the flexing of military muscle. Now, China is opening a third front to assert its claims in the South China Sea - moving ahead...

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Australia's Finance Minister Says Bruce Springsteen Is Better At Reading The...

Where might finance ministers find economic inspiration? The works of John Maynard Keynes, perhaps? Paul Krugman or Nouriel Roubini? Not Australia's treasurer Wayne Swan. The man named Finance...

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It's Looking More And More Likely That Russian Punk Band Pussy Riot Will End...

MOSCOW (Reuters) - Members of an all-woman Russian punk band on trial for staging a protest at the altar of Moscow's main cathedral will likely receive long jail terms despite President Vladimir Putin...

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British Photojournalist Speaks After Being Captured By 'Youngsters From Other...

A British photojournalist has spoken for the first time about his capture and wounding by Islamist militants in northern Syria last month. John Cantlie and Dutchman Jeroen Oerlemans were held for a...

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Two-Time Athens Gold Medalist Shares How Winning Changed Her Life

Double gold medal winner Dame Kelly Holmes, 42, on how the Olympic Games changed her life. HOW DID YOUR CHILDHOOD EXPERIENCE INFLUENCE YOUR ATTITUDE TO MONEY? The main thing I learnt from my childhood...

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This Chinese Economist Is Being Ridiculed For Saying Single Female...

SHENZHEN – The secret to economic growth? Unmarried women left free to shop, according to one prominent Chinese economist. Jin Yanshi, who has since become the target of outrage and contempt from...

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