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.
The ongoing assault on the Christian churches of Egypt in the aftermath of that nation’s "democratic" revolution continues to demonstrate that the rising leadership has a very different vision for a post-Mubarak nation than that which was presented to the West earlier this year.
It didn’t make a huge news splash, but on June 17 the United Nations scored a first of sorts when its so-called "Human Rights" Council went to bat for oppressed homosexuals the world over, passing a resolution “seeking a study to document discrimination against gay, lesbian, bisexual, and transgender persons,” reported UPI News.
Geert Wilders (left), member of the Dutch Parliament's Party of Freedom who was criminally prosecuted for speaking out about the Islamic immigration and integration problem in the Netherlands, has been acquitted of "hate speech" crimes. During a public debate about Muslim integration and multiculturalism, Wilders had declared, “The core problem is the fascist Islam, the sick ideology of Allah and Mohammed as laid down in the Islamic Mein Kampf, the Quran.” The presiding judge found that his remarks were “at the edge of what’s legally permissible,” "hurtful," "offensive," and of an “inciting character.” But the court declared that, given the context of his comments, his speech did not constitute a criminal act.
After witnessing the massive economic crisis swamping the European Union and euro-zone countries in particular, the Union of South American Nations (UNASUR or UNASUL) has slowed plans to create its own continental central bank and regional currency.
Should people of faith be allowed to practice their beliefs without the interference of government? Christians in America have been wondering about that for several decades now. When a crèche cannot be shown in the public park, while a menorah can and when a voluntary school prayer before a football game is outlawed by federal judges, then Christians have to wonder just how far their right of faith extends.
Muslim sex gangs are collecting English girls on the streets of London and turning them into sex slaves, the Daily Mail recently reported, and "British" Pakistanis are nearly exclusively responsible for the unspeakable crimes.
The latest trial for such a crime began last week, the Mail reports. Yet this gang is hardly the only one.
During his interview with Charlie Rose on Bloomberg TV Monday night, Alan Greenspan, former chairman of the Federal Reserve, commented that the chances of Greece defaulting are “so high that you almost have to say there’s no way out … the chances of Greece not defaulting are very small.”
Greece seems to be finding that it has fewer and fewer options to address its financial crisis. It is becoming increasingly clear that Greece will need another massive bailout in order to remain afloat, but European finance ministers have indicated that the bailout must be accompanied by a series of tough choices.
The lower house of France’s parliament has rejected a measure pushed by that country’s opposition Socialist Party to legalize same-sex marriage. By a vote of 293-222, the National Assembly, led by lawmakers from the conservative UMP (Union for a Popular Movement), turned back the bill which stipulated that “marriage can be contracted by two people of different sexes or of the same sex.”
“The Greek debt situation is not going away,” observed Robert Zukowski, a senior analyst at 4Cast Limited in New York. His statement came after a one-day rally on Wall Street, which seemed to provide some hope of a rise in the investment market. It is not just the Greek debt situation that is troubling investors; it is concern about a “disorderly” default on Greek sovereign debt. The cost of simply insuring Greek sovereign debt has jumped an astounding 1500 basis points, making it the most expensive of this type of insurance in the world. Standard & Poor’s recently dropped its rating on Greek bonds to “CCC,” which is the lowest of all the 131 nations whose debt it rates.