Egyptian parliament names constitution panel

Islamists that dominate Egypt’s new parliament looked Saturday to solidify their power over the country’s political direction as lawmakers chose a 100-member panel to draw up the country’s new constitution.
The selection process has sparked a fierce debate in Egypt. With so much at stake, a bloc of secular and liberal lawmakers boycotted Saturday’s voting by […]

Monti Targets Italy Labor Law Revamp as Jobless Youth Join Trapped Firemen - Bloomberg

Riccardo Coladarci, a firefighter in Rome for seven years, is trapped and says now it

Peres: Social media helps with peace process

Israeli President Shimon Peres on Tuesday visited Facebook’s California headquarters, where he blasted the Iranian government and said the social networking site is a way for people to bypass failed efforts of governments to seek peace.
The 88-year-old leader was scheduled to meet with the company’s chief executive officer, Mark Zuckerberg, and launch his official personal […]

Housing Declines May Have Cost a Generation of Buyers, Fed

Federal Reserve Bank of St. Louis President James Bullard said the 30 percent drop in U.S. housing prices since 2006 may prompt a generational shift to apartment rentals.

Japan, China to Help Europe Solve Crisis Via IMF - Bloomberg

Japanese Finance Minister Jun Azumi said his nation and China will work together to help Europe solve its debt crisis through the International Monetary Fund.
Europe needs a bigger so-called firewall of added funding to contain the crisis, even as Greece shows some improvement in solving its financial woes, Azumi told reporters in Beijing today […]

Euro ministers question deal to bail out Greece

Greece gave in to more painful spending and job cuts Thursday, only to have European ministers question whether they were enough to deliver a euro130 billion bailout and stave off bankruptcy.
Greece’s new austerity plan, which makes sharp cuts to the minimum wage and thousands of public-sector jobs, ignited fresh criticism from unions and the country’s […]

University of Charleston: How we cut tuition by 22%

After seeing enrollment decline for the first time in a decade, the University of Charleston, in West Virginia, slashed tuition by 22% for the upcoming school year hoping to entice more students.
The school, which currently has 1,006 undergraduate students, employed a series of initiatives to afford the cut, including reducing its financial aid, […]

Egypt names 19 Americans in case straining ties

Egypt has released the names of 19 Americans who face trial over activities of their nonprofit groups in Egypt, a case that has soured U.S.-Egypt relations.
One of the 19 is the son of U.S. Transportation Secretary Ray LaHood.
Sam LaHood and five other Americans are in Egypt. The others have left, according to a statement from […]

US Embassy: US citizen kidnapped in Nigeria freed

A spokeswoman for the U.S. Embassy in Nigeria says a U.S. citizen kidnapped in the country’s oil-rich southern delta has been released.
Spokeswoman Deb MacLean told The Associated Press on Friday the man had been released. She declined to offer any other information.
Police previously said the attack happened in Warri, the capital of Delta state. The […]

UK’s tallest building adds drama to London’s sky

Passengers stepping out of London Bridge tube station cannot help but crane their necks to gaze at the jagged tower under construction: The Shard is the tallest building in the European Union and looks like a slice of glass balanced on the edge of the financial district.
When the tower opens next year, visitors to the […]