Wednesday, the financial crisis which is threatening all Europe deepened, as the rates for Portuguese government debt instruments jumped higher based upon a decision by Moody’s rating service to reduce those bonds four levels to "junk" status. The drop was from Baa1 to Ba2 on long-term Portuguese bond ratings.
Eurogroup President Jean-Claude Juncker said in an interview over the weekend that the austerity measures being imposed on Greece in exchange for additional bail-out funding from the IMF will result in “the sovereignty of Greece [being] massively limited. ” He added, “One cannot be allowed to insult the Greeks. But one has to help them. They have said they are ready to accept expertise from the euro zone.”
Thanks to a massive grassroots pro-life campaign, lawmakers in Poland have cast an initial vote in favor of legislation that would ban all abortions in that country. As reported by the website LifeNews.com, the effort was headed by the Polish pro-life group PRO Foundation (website graphic, left), which organized a grassroots campaign to lobby members of Parliament to support the measure. Additionally, noted the pro-life website, “the nation’s Catholic bishops have also played an integral role in advancing the legislation.”
Unwilling to be intimidated by the often-violent mass protests of radicals, Greek lawmakers passed yesterday the second and final austerity bill that was essential in order for the country to receive crucial bailout funds to prevent the government from defaulting by mid-July.
The full-blown insanity of feminism may have found its fullest expression at a Swedish pre-school, according to a news report, where the teachers have banned the use of "him" and "her" to describe boys and girls and men and women.
The leftist school, the Daily Mail reports, has adopted a "genderless" vocabulary, it says, so the kidlets are not confined to traditional stereotypes.
Despite protests from Muslims and Jews living in the Netherlands, the Dutch parliament has passed legislation which requires the humane slaughtering of livestock. If the Dutch Senate also passes the bill, the Netherlands will join Switzerland, Sweden, Norway, New Zealand, and Luxembourg in banning the religiously-motivated practice of slaughtering animals without first stunning them.
Nearly one million union workers in the United Kingdom have begun a strike to protest the government’s austerity plans. The protest is the first of the “summer of discontent” and is sure to cause major disruptions at airports and schools.
International political group Hizb ut-Tahrir (logo at left) will be hosting a “Khilafah Conference” in the United Kingdom on July 9th, one that will promote the ideas of a world governed by Islamic law. Now the group just announced that it will host yet another one of those conferences in the Netherlands on July 3rd. The Blaze notes the irony of the conference’s timing, as it will be taking place just days after the acquittal of Geert Wilders, who has been leading the fight against “the Islamization of Europe.”
The United States is hardly the only country whose teachers who have formed unions and then threatened to hold children hostage. In the United Kingdom, the National Union of Teachers (whose acronym has not been lost on comedians) has joined with another group, the Association of Teachers and Lecturers, to institute partial or total shutdowns on Thursday of 5,000 schools in England and Wales — in protest over changes to their retirement fund.
The austerity measures being debated in the Greek parliament are being met with resistance not only by the opposition party but by those most directly affected: Greek workers. At least 20,000 people have begun a 48-hour general strike, bringing to a halt most airlines and public transportation. Even workers at the state-owned monopoly, Public Power Corp. SA, are forcing power outages around the country.