Last Thursday's two-notch downgrade of Spain's sovereign debt by Standard and Poor's credit rating agency is triggering pushback at the ballot box. 

"NATO will be holding its 25th summit in President Obama's hometown of Chicago, United States, on 20-21 May 2012," the North Atlantic Treaty Organization has announced.

The sovereign debt crisis in the European Union can be summed up fairly simply: The governments of overspending nations are asking the governments of fiscally prudent nations to prop them up. The prudent nations, whose governments pay their obligations out of revenue, rather than by selling bonds, tend to be those in the more financially conservative parts of Europe, such as Finland, Holland, and Germany. Those nations that are waist deep in debt, whose bond offerings have in some cases been reduced to junk bond status, tend to be in the south of Europe around the Mediterranean Sea.

Norwegian terrorist Anders Breivik (left), currently on trial for a bomb attack in Oslo and a shooting spree nearby that left more than 75 people dead, has openly admitted to the mass murder. However, in court, the 33-year-old man denied criminal responsibility partly by invoking U.S. foreign policy, claiming the deadly rampage was a “preventative strike” taken in self-defense to prevent the “Islamization" of Norway.

On Tuesday, the Supreme Court of the Netherlands upheld the decision of the Rotterdam District Court in 2011 to permit the extradition to the United States of a man suspected of contributing to the planning of a suicide bomb attack on an American military base in Afghanistan in 2010.

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