Archive | July 25, 2011

Greek default almost certain, Chinese safety standards questioned and two fake Apple stores closed

25 Jul

CNBC – Moody’s: Greek default is almost certain. Here’s why Ratings agency Moody’s cut Greece’s sovereign debt by three notches on Monday to Ca, just one notch above default, saying the new bailout set a negative precedent for creditors of other debt-burdened countries. New York Times: Train wreck in China […]

English Defense League, Amy Winehouse and the US debt ceiling

25 Jul

The Independent: Outcry over role of English Defence League Supporters of the English Defence League have blamed the Norwegian government’s immigration policies for the attacks that killed at least 93 people, provoking outcry from anti-fascist campaigners who are calling for the EDL to be classified as an extremist group. The […]