Angry Birds attractions are launching worldwide. First there was the Angry Birds theme park in China, where visitors can “attack” fake pigs with bird slingshots. Now the mobile gaming giant Rovio has announced plans for Angry Birds-themed playgrounds in Finland. Rovio is in talks to construct two playgrounds for children in Finland, Reuters reports. Two towns will [...]
Finance chiefs from the G20 nations say they will make sure the International Monetary Fund has the resources it needs to help stabilise the world economy. That commitment is a hint that the world’s leading economies may be open to a larger role of the IMF in the eurozone debt crisis – and if necessary [...]
Andrei Antonov, who has been collecting rare Apple memorabilia for the last three decades, is now publicly floating the idea of creating an Apple Museum in Moscow. The Moscow printer’s collection of rare Apple computer products may become a public tribute to Steve Jobs’ life work and the inventiveness of the corporation he founded with [...]
If European politicians are unable to contain their sovereign debt problems, Wall Street could be on the brink of another financial crisis, according to economists. Although U.S. banks have limited their direct exposure to Greece, they have loaned hundreds of billions of dollars to European banks and governments that may not be able to pay them [...]
BRUSSELS — An EU program aimed at slowing climate change will allow airlines to emit 85 percent of their carbon dioxide limits for free in the hope they will use the money to modernize their fleets, an official said Monday. The European Union’s existing cap-and-trade system limits the carbon dioxide emissions of power plants and [...]
FRANKFURT (Reuters) – German Chancellor Angela Merkel bluntly rejected euro zone bonds on Thursday as a solution to the currency area’s sovereign debt crisis, saying that “collectivizing debts” would not solve the problem. The European Union’s top economic official meanwhile said he expected international lenders to be able to recommend by the end of the [...]
CERNOBBIO, Italy — Finance officials and experts gathered in Italy mostly agreed Saturday that Europe needs deeper political union to preserve the troubled euro – even though persistent national identities made the prospect politically unlikely in the near future. Speakers at the annual Ambrosetti forum labored to articulate the emerging existential dilemma: Monetary union struggles [...]
THE HAGUE, Netherlands – The Dutch finance minister says he blames Germany and France in large part for Europe’s sovereign debt crisis, after they violated rules laid down at the creation of the euro by running larger-than-permitted budget deficits in the early 2000′s. Jan Kees de Jager says that when the two largest countries in [...]
MADRID — An official at Spain’s Alhambra palace says a Jordanian tourist was caught carving his initials with a coin into a wall of the complex that is considered a gem of Moorish architecture. The official says the incident took place Aug. 13 and the man was detained, spent a night in jail and went [...]
Michael Spence, professor at New York University’s Stern School of Business and winner of the 2001 Nobel Prize in economics, told Bloomberg TelevisionWednesday that there’s “probably a 50 percent” chance of the global economy slipping into recession. The possibility of the U.S. dipping back into recession has been of particular concern to economists. And Spence says [...]
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