Europe

UK GDP Contracts Sending Economy to Triple Dip Recession

UK GDP Contracts Sending Economy to Triple Dip Recession

The verdict continues to come in on socialism and its effect on the world economy as the United Kingdom reports on its shrinking gross domestic product. Further evidence that redistribution of wealth and taking the “fair share” always destroys wealth. The official figures were the fourth quarter of negative growth in the last five and […]

Former News International Chief Rebekah Brooks Charged

Former News International Chief Rebekah Brooks Charged

British prosecutors are moving to charge former News International chief executive Rebekah Brooks in connection with a high-profile phone hacking scandal.  Brooks, the former editor for Rupert Murdoch’s “News of the World” and “Sun” newspaper was charged this morning along with several others — including her husband Charlie Brooks.  They’re accused of perverting the course […]

Eurozone May Not Pay Greece

Eurozone May Not Pay Greece

BRUSSELS—Euro-zone officials are debating delaying a €5.2 billion payment to Greece as the political backlash grows in Athens against a bailout program negotiated with international creditors, officials familiar with the discussion said Wednesday. The board of the European Financial Stability Facility was meeting Wednesday evening to decide whether to go ahead with the payment due […]