Eurozone finance ministers turn to IMF to help bailout fund

Via Scoop.itRead this stuff?

Fears of the debt crisis spreading, forcing the collapse of the euro and plunging the global economy into recession…   Ok, someone explain this to me. You are collectively the largest contributor to keeping this mechanism afloat. You sink. The mechanism has no independent sources of finance. Yet you borrow from it?
Via www.guardian.co.uk

Strikes hit services as millions heed unions’ call to fight pension cuts

Via Scoop.itRead this stuff?

Many services come to virtual halt across the UK public as public sector workers stage biggest day of industrial action in decades…   Wasn’t this a sight expected in the “developing” or “third” world?
Via www.guardian.co.uk

Prepare for riots in euro collapse, Foreign Office warns – Telegraph

Via Scoop.itRead this stuff?

British embassies in the eurozone have been told to draw up plans to help
British expats through the collapse of the single currency, amid new fears
for Italy and Spain.”   Unsaid – France & the UK itself?
Via www.telegraph.co.uk