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.

Libyan revolutionary fighterAfter months of NATO and rebel claims that the end was near for the Libyan dictatorship of Col. Muammar Gadhafi, it appears increasingly likely that the brutal regime is on its last legs. On Tuesday, U.S. Secretary of State Hillary Clinton even praised “Libya’s victory.” But it isn’t over yet.

 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.  

In a display of disregard for public opinion, leaders of the ruling Australian Labor Party (ALP) pushed through legislation in the lower house of parliament that will burden their nation with a whole new form of taxation: a carbon tax. Following the razor thin legislative "victory" — a vote of 74 to 72 — opposition leader Tony Abbott (left) of the Liberal Party (LP) gave a “pledge in blood” that his party would dismantle the new tax as soon as his party regains power.

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