7 Stories

European Corruption 'Breathtaking': EU Report

Romania and Bulgaria lead the pack of worst offenders

(Newser) - Think Europeans are unlikely to be corrupted by a bribe? Not according to a new EU report that calls European corruption "breathtaking" in scope and says it costs at least $120 billion a year, the BBC reports. The extent of corruption varies by country, but 75% of Europeans surveyed... More »

Venus Williams Wins 1st Title in 2 Years

Injuries, illness have slowed 32-year-old

(Newser) - Venus Williams won her first WTA tournament in more than two years, beating Monica Niculescu of Romania 6-2, 6-3 to take the Luxembourg Open title today. Slowed by injuries and illness for two seasons, Williams showed she still had the winning touch and played steady tennis while Niculescu proved error-prone... More »

Belgium Bails Out Failing Dexia

Belgian division to be nationalized; Belgium, France offer guarantees

(Newser) - Leading Franco-Belgian bank Dexia has agreed to a government rescue plan—making it "the biggest euro zone bank failure in quite some time," one analyst tells the New York Times . The plan will nationalize Dexia's Belgian banking division in a $5.4 billion government buyout; meanwhile, Belgium,... More »

Obama Donor Was Abysmal Ambassador: Report

Cynthia Stroum quit Luxembourg post days before release of scathing report

(Newser) - Believe it or not, it turns out being a mega-campaign donor does not necessarily make you an awesome ambassador! A State Department report released yesterday absolutely savages Cynthia Stroum, a wealthy Seattle businesswoman whose prodigious campaign contributions landed her the post of ambassador to Luxembourg. She resigned less than a... More »

Rogue Iceberg May Alter Global Circulation

Luxembourg-sized chunk from area where dense water forms

(Newser) - An iceberg the size of Luxembourg is floating free in the waters north of Antarctica, jarred loose by the impact of another iceberg—and it’s so big it could change the water movements at the root of global weather patterns. The area around the Mertz Glacier generates much dense,... More »

US Laborers Work Hard for the Money

New UN report says Americans more productive than peers

(Newser) - Labor Day is a well-deserved rest for Americans, as a new UN report shows US laborers work longer, harder, and get more done than their counterparts worldwide. The average US worker produces the most wealth, raking in $63,885 yearly, followed by Irish laborers at $55,986. Only Norway beat... More »

Charges Loom for Former French PM

De Villepin linked to dirty campaign against rival Sarkozy

(Newser) - Former French Prime Minister Dominique de Villepin is expected to face criminal conspiracy charges following the discovery of new evidence linking him to a dirty tricks campaign against President Nicolas Sarkozy, the Times of London reports. Police yesterday searched his Paris home after investigators found computer data suggesting he directed... More »

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