NEW PLATEAUS Looking Back: The Stories of 2012
A lot of websites have their "ten best" or "best moments" of 2012 articles out there right now. But they're often specific to a theme--best movies, best tech stories. Here on New Plateaus, we'll look ... Posted on 1/2/13 at 10:33 AM
THE FLENSBURGER FILES German Christmas Market Holiday Pics 3: Nuremberg
After enjoying some music over a Glhwein and listening to people talking about how Carl Zeiss Jena and Erfurt are struggling to make a name for themselves in the 3rd League of the German professiona... Posted on 12/17/10 at 6:31 PM
The UND Department of History and the Cyprus Research Fund are sponsoring visiting a public lecture on Bronze Age Greece at 4 p.m. Thursday in the East Asia Room of UND Chester Fritz Library in Grand Forks.
The ratings agency Moody's downgraded Greece to the lowest rating on its bond scale late Friday, following a deal with private investors that would see them ultimately lose an estimated 70 percent of their holdings in Greek debt.
Greece's finance minister says a new €130 billion ($172 billion) bailout deal "binds Greece to euro" and will shield the country from default. Evangelos Venizelos made the remarks today after the government conceded that a new round of austerity measures will deepen the recession and cause the country to miss its target of generating a primary budget surplus in 2012.
The Dow Jones industrial average gained 4.24 points to close at 12,878.28, about 12 points shy of its best finish this year. The Standard & Poor's 500 lost 1.27 points to close at 1,350.50. The Nasdaq composite index gained 0.44 point to 2,931.83.
A meeting of the finance chiefs of the 17 euro countries to discuss Greece's second multibillion bailout planned for Wednesday was called off Tuesday night after Athens failed to deliver in time on several demands made by its partners in the currency union. The last-minute cancellation of the meeting shows the eurozone wants much tougher guarantees now from Athens before giving it an extra $171 billion in rescue loans.
Gabriele Steinhauser and Juergen Baetz
, February 14, 2012
More than 170 people hurt Firefighters doused smoldering buildings and cleanup crews swept rubble from the streets of central Athens today following a night of rioting during which lawmakers approved harsh new austerity measures demanded by bailout creditors to save the nation from bankruptcy.
Riots engulfed central Athens and at least 10 buildings went up in flames in mass protests late today as lawmakers prepared for a historic parliamentary vote on harsh austerity measures demanded to keep the country solvent and within the eurozone.
Demetris Nellas and Nicholas Pahitis
, February 12, 2012
The Dow Jones industrial average is finishing down 89 points, or 0.7 percent, at 12,801. The broader Standard & Poor's 500 is down nine points to 1,343. It is the first losing week for the index this year.
Greece's future in the euro grew increasingly precarious today as violence erupted on the streets of Athens and politicians resigned from the government after European leaders demanded that they deliver even deeper austerity.
Derek Gatopoulos and Nicholas Paphitis
, February 10, 2012
Greece's lawmakers were set Tuesday to pass next year's austerity budget, extending tough spending cut measures that have already left Greeks struggling as the country tries to slash its debts and pull itself out of a severe recession.
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