Views on the Meltdown From Across the Pond

(NEWSER) - Europeans may have longer lives and longer vacations, but red-blooded Americans don't want their socialist ways on this side of the ocean, right wing media mouths are eager to remind everyone, MIchael Freedman writes in Newsweek. Underlying much of the opposition to health care reform is the fear that it's part of an anti-American conspiracy to transform the US into a "European social welfare state," according to Rush Limbaugh. More»

For the first time in a decade the vaunted union of 15 nations sees a collective dip

(NEWSER) - The eurozone economy contracted 0.2% in the second quarter, the first time the 15-nation union has seen negative growth since it was formed a decade ago, reports the Guardian. The group of countries that share the euro saw 0.7% growth in the first quarter but were hurt this time by economic downturns in Germany, France, Italy, and Spain. More»

Oil ministry issues ultimatums to European refineries to sign long-term contracts

(AP) - Iran has halted oil shipments to Britain and France, the Oil Ministry said today, in an apparent pre-emptive blow against the European Union's sanctions on Iran's oil exports. The EU imposed tough sanctions against Iran last month, which included a freeze of the country's central bank assets and an oil embargo set to begin in July. Iran's Oil Minister Rostam Qassemi had warned earlier this month that Tehran could cut off oil exports to "hostile" European nations. The 27-nation EU accounts for about 18% of Iran's oil exports. More»

Debate rages over fundamental shift

(NEWSER) - Countries across the globe are divided—and it's only a matter of time. Some, including Britain and China, want to retain a special "leap second" occasionally added to the calendar to keep atomic clocks in line with the Earth's rotation. The US, France, Germany, and others, however, want to ditch the second . The matter is up for debate in Geneva today, the BBC reports, and barring an agreement among 200 countries, it could go to a vote. But "this is not a technical issue, it is more a diplomatic one," says an official with the International Telecommunication Union. More»

Germany probing 1944 massacre in occupied France

(NEWSER) - German police have raided the homes of six former SS soldiers suspected of having taken part in the worst massacre of civilians in Nazi-occupied France. A German war crimes prosecutor says the John Demjanjuk trial inspired him to reopen the investigation into the massacre of 642 men, women, and children in the village of Oradour-sur-Glane four days after the D-Day landings in 1944, Der Spiegel reports. More»