Our Italian tipsters seem to be on vacation, so news from the Mediterranean is rather scanty tonight. Fjordman, however, has made up for it with his tips on science, the financial crisis, and EU political affairs.
The crisis in the eurozone continues to intensify. The other nations of the EU have stepped up the pressure on Greece to form a national unity coalition and institute the austerity measures necessary to earn a new bailout. The euro countries are obviously worried about a possible Greek default, and the IMF has told the EU in no uncertain terms that it must achieve fuller “integration” and solve the debt problem, or risk damaging the world economy.
Meanwhile, Moody’s says that it may have to downgrade Italian debt as a result of the current economic situation. This announcement caused the Italian stock market to plunge 2%.
In other news, a nine-year-old girl was kidnapped in Pakistan while on her way to school and forced to wear a suicide bomb belt by terrorists who wanted to use her in a terror attack. She escaped, however, and reached safety before her belt could explode.
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