David CameronWith public discontent growing over the burgeoning number of foreigners flooding into their country, many Britons are expecting their government to restrict immigration, and require immigrants to speak English before being allowed into their nation.

According to the Associated Press for Oct. 20, more than 100,000 people assembled in front of the Greek parliament yesterday to vent their opposition to the proposed austerity legislation. The AP added of today's scene:

Protesters gathered by the tens of thousand[s] outside the Greek parliament Thursday, ahead of a vote on intensely unpopular new measures needed to secure continued payment of international rescue loans that have so far prevented the country from sliding into bankruptcy.

 Moody’s summary of its annual report on France’s finances appeared on Monday sufficiently couched in calm and reasoned tones that the markets took little notice: “The country’s Aaa rating with a stable outlook reflects the French economy’s strength, the robustness of its institutions and very high financial strength.”

STOCKHOLM — As the growing “Occupy Wall Street” protests prepare to enter their second month after spreading across the United States, “solidarity” demonstrations were held over the weekend in hundreds of cities in dozens of countries around the world.  

 

Spanish flagTroubled European nations' credit ratings are continuing to plummet. On October 13 Standard & Poor’s downgraded Spain to AA-, three steps beneath the optimum AAA rating. Last week the Fitch agency also downgraded Spanish credit worthiness (as well as Italian). S&P’s cited weak growth in Spain's economy (estimated at one percent this year, a reduction from February's 1.5 percent projection) as well as the general dire situation of the PIIGS EU member-states (Portugal, Italy, Ireland, Greece, and Spain).