Pal SchmittThe European Commission (EC) on Tuesday threatened to take legal action against Hungary unless it revised its brand new constitution to allow the country’s central bank to operate without interference from the Hungarian government. The EC’s threat requires a response within 30 days.

As Iraq flexes its muscle following the departure of U.S. troops, and as Iran continues to challenge the “international community” relative to its nuclear program, the civil unrest in yet another Middle Eastern country is reaching critical mass and threatens a call for more “Western intervention” in the region.

Gun fights south of Tripoli between rebel militias and forces still loyal to the late Libyan despot Moammar Gadhafi left several dead and dozens wounded over the weekend, according to news reports. And it is not over yet.

U.S. credit ratings giant Standard & Poor's (S&P) lowered its rating on the credit-worthiness of nine European nations January 13. "It's not the cut in the rating that is historic," BNP Paribas economist Dominique Barbet told the Wall Street Journal. "It's the depth of the euro crisis that is historic."

The government of Greece is catching flack over its decision to add some questionable categories to its list of recognized disabilities. As reported by the Associated Press, disability groups in the country were especially outraged over the government’s decision to add pedophiles to its list of those the state recognizes as disabled individuals. Among the other “disabled” categories added to the list were exhibitionists, kleptomaniacs, pyromaniacs, compulsive gamblers, fetishists, and sadomasochists.

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