The Total Collapse

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• Europe considers Greek default, leaders to meet
• Property market is entering a mini ice age and won’t recover for a decade
• Afghan President’s Brother, Assassinated
• Obama says U.S. ready to support negotiations for transition in Libya
• Celebrating peace! Libyans dancing in the streets

Europe considers Greek default, leaders to meet Posted: European Union leaders are poised to hold an emergency summit after finance ministers acknowledged for the first time that some form of Greek default may be needed to cut Athens’ debts and stop contagion to Italy and Spain. “There will be an extra summit this Friday,” a senior euro zone diplomat told Reuters, suggesting policymakers [...]

Property market is entering a mini ice age and won’t recover for a decade Posted: The housing market is entering ‘a mini ice age’, with anybody who bought between 2006 and 2008 among the biggest losers, a top firm of accountants has claimed. It warns Britain’s 18million homeowners that prices may not recover to their peak levels for more than a decade. The report, from Pricewaterhouse Coopers, says there is [...]

Afghan President’s Brother, Assassinated Posted: Afghan President Hamid Karzai says his half brother’s assassination reflects the suffering of all Afghan people. Karzai said Tuesday in a press conference that Ahmed Wali Karzai’s death is a pain he shares with all Afghans. Officials say Ahmed Wali Karzai was assassinated by a bodyguard at his home in Kandahar. The president says “in [...]

Obama says U.S. ready to support negotiations for transition in Libya Posted: U.S. President Barack Obama said on Monday that his country is prepared to support negotiations that lead to a democratic transition in Libya as long as its leader Muammar Gaddafi steps down. Obama called his Russian counterpart Dmitry Medvedev to thank him for Russia’s efforts at mediation in Libya, stressing that the U.S. “is prepared [...]

Celebrating peace! Libyans dancing in the streets Posted: Pravda.Ru sources inside Libya have confirmed that the people of Tripoli are dancing in the streets in joy, celebrating a great victory, because NATO has ceased its bombing campaign. Sources in Libya state that negotiations are ongoing with France and meanwhile there has been a cessation of hostilities. The beleaguered people of Libya have every [...]

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