There is no good news from Europe.
http://www.calculatedriskblog.com/2012/11/europe-summit-update.html
No announcements yet. There is much more being dicussed at the summit than just the Greek situation. Here are a few articles ...
From the WSJ: EU Leaders Prepare for Battle Royal at Summit
European Union leadersFrom the Financial Times: German Doubts Force Rethink on Greeceare headed to Brussels on Thursday for a big showdown over the bloc's spending budget, in a battle that pits richer against poorer member states, the East of the continent against the West, and the U.K. against almost everyone else.
...
European Council President, Herman Van Rompuy, who will preside over the two-day meeting, has vowed repeatedly to keep heads of state in Brussels through the weekend to avert a collapse of the talks, arguing that a deal is needed urgently to ensure the EU and its institutions continue to function properly.
The Multiannual Financial
After almost 10 hours of intense talks on Tuesday night, eurozone finance ministers failed to agree on how fast to cut Greece’s debt pile. They called a further meeting next week to settle differences and release €44bn of long-overdue aid.From Reuters: EU's Rehn Sees Definitive Deal on Greek Aid on Monday
excerpt with permission
Greece has taken all the steps necessary to secure its next tranche of aid and euro zone finance ministers should be able to sign off definitively on the assistance on Monday, the European commissioner for economic affairs said on Wednesday.And from Reuters: Spain Kicks Off 2013 Funding With Strong Bond Sale
"I trust everyone will reconvene in Brussels on Monday with the necessary constructive spirit, and move beyond the detrimental mindset of red lines," Olli Rehn told the European Parliament.
Spain sold nearly 4 billion euros of bonds
1
World
Sparring with Demons, Combat Medic Turns to Martial Arts
After three tours in Iraq, a veteran suffering from post-traumatic stress disorder has found clarity in therapy but also a release in a Phoenix-area gym.
2
Science
The Rising Sea, and the Urge to Fight It
Dauphin Island, Ala., rebuilt time and again, presents a microcosm of the issues facing American beachfront communities as the seas advance.
3
Opinion
Coal Boom Unabated in Asia
China and India lead in plans for fleets of new coal-fired power plants.
4
Defining a Target in the Gaza Conflict
Monday's Israeli attack on the Al Sharouk block, the second consecutive day that area was struck, continued to fuel the arguments about "pinpoint" targeting in the densely populated, urban Gaza Strip.
5
N.Y. / Region
Overheard in Hurricane Sandy's Wake
Metropolitan Diary: Three days after Hurricane Sandy landed, Midtown Manhattan seemed calm and, in places, virtually untouched. But something seemed different, and the differences kept accumulating.
6
Health
Signing Up to Help Fight Alzheimer's
A registry of people willing to participate in Alzheimer's studies was formed. Its goal: to provide information, raise public awareness, debunk nonsense and help accelerate the pace of research.
7
Health
Updating the Message to Get Americans Moving
If Americans know exercise is so good for them, why don't they take the message to heart? Maybe, some researchers say, the problem is the message.
8
Business Day
Law School Admission Testing Plunges
The number of people taking the Law School Admission Test offered in October fell 16.4 percent from the year before, reaching its lowest level since 1999.
9
U.S.
After Hopeful Signs, Drought Deepens
The U.S. Drought Monitor report showed that 60.1 percent of the lower 48 states was in some form of drought as of Tuesday, up from 58.8 percent the previous week.
10
World
Missile’s Firing, Bomb Blasts and Sirens Shatter Gaza Calm
People waiting for foreign ministers to arrive at a Gaza hospital were startled by a nearby rocket launching, then by a deluge of wounded in the firefight with Israel.
11
World
Remake of 'Red Dawn' Changes Its Political Hue
The 1984 cult film "Red Dawn" had Soviet troops invading the United States. A remake of the movie replaced the Soviets with Chinese invaders, but with China now the world's second-largest film market, the producers have digitally transformed the bad guys into North Koreans.
12
Arts
William Turnbull, Scottish Sculptor, Dies at 90
Mr. Turnbull blended modernism with archaic and primitive forms.
13
U.S.
Tests Show Train Warnings Worked at Texas Crash Site
Federal investigators said Sunday that video and mechanical data show that the truck tried to cross the tracks seconds after the warning system came.
14
Fashion & Style
Indulging the Man Who Has It All
18th-century snuffboxes from top craftsmen are on display in a Paris gallery.
15
Business Day
Court Allows Liquidation of Hostess
In granting Hostess's motion, Judge Robert D. Drain of the Federal Bankruptcy Court for the Southern District of New York cited the need for a quick and orderly shuttering of the company to avoid letting its assets molder.
16
Opinion
An Antiquated Abortion Law in Ireland
It is unforgivable that those we trust to take care of us, our doctors and our government — and for some, our church — repeatedly and even fatally fail women.
17
Style
The Macroeconomics of Raising Robots (or Children)
When it comes to investing in our nation's children, parents and nonparents alike should all be on the same side.
18
N.Y. / Region
Demand for Electricians Soars After Hurricane
Water-damaged homes must be inspected, and sometimes repaired, before Con Edison will turn the power back on.
19
Business Day
Politics Complicates the Math in Ending Tax Breaks for Rich
Experts say that raising revenue without increasing rates would involve wiping out nearly every deduction, credit and preferential rate that affluent households claim.
20
Business Day
What Should Lundberg Farms Do About Its Arsenic Problem?
The owners have immersed themselves in research to try to determine the source of the arsenic in their rice and what they can do to lower its levels. What else should they do?Go into the saki business.
Certify new product as arsenic free in the fine print. Make it true.
Publish essentially the material above as a signed and footnoted article.
Distribute the article as a mailer or PDF to all those interested.
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