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Friday, June 8, 2012

Morning Digest: Merkel says EU ready to act as Spain downgraded

Reuters » Morning Digest
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06/8/2012
Reuters     Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the     politics in between
Merkel says EU ready to act as Spain downgraded
MADRID/BERLIN (Reuters) - Chancellor Angela Merkel said Europe was ready to act to ensure stability in the euro zone as Spain's credit rating was cut by three notches on Thursday amid expectations it may soon seek EU help for banks beset by bad debts..
Insight: In Greece, a painful return to country roots
KONITSA, Greece (Reuters) - Thirteen years after abandoning rural Greece for a career in graphic design, Spiridoula Lakka finds herself in the last place she expected to end up - watering a patch of lettuce and herbs in her sleepy village..
Stock index futures signal early losses
PARIS (Reuters) - Stock index futures pointed to a lower open on Wall Street on Friday, with futures for the S&P 500 down 0.69 percent, Dow Jones futures down 0.6 percent and Nasdaq 100 futures down 0.54 percent at 0800 GMT..
Pulitzer Prize-winner Trethewey named U.S. poet laureate
NEW YORK (Reuters) - Natasha Trethewey, author of three poetry collections and winner of the Pulitzer Prize, was named on Thursday as the 19th U.S. poet laureate, becoming only the second Southerner appointed to the position..
Opposites attract as Sharapova and Errani meet
PARIS (Reuters) - Twenty four centimeters in height, $17 million in prize money and a universe of celebrity status separate Maria Sharapova from Sara Errani, but these two worlds will collide in the French Open final after both swept aside their opponents on Thursday..
Google keeps EU regulator waiting on concessions
BRUSSELS (Reuters) - Google has yet to offer EU regulators concessions to address concerns it may have abused its market dominance, the EU's antitrust chief said on Thursday, raising the prospects of a bruising battle between the two sides..
U.S. pushes for more global cooperation in space
WASHINGTON (Reuters) - The United States wants more global cooperation in space including joint war games and combined operations with allies, and is pushing for data-sharing deals with France, Japan and other countries, a U.S. defense official said in an interview..
Estonia president has tweet for "smug" Paul Krugman
TALLINN (Reuters) - The president of small euro zone nation Estonia took to the Twitter-sphere on Thursday to launch a bitter attack on renowned economist Paul Krugman after the U.S. Nobel laureate questioned the Baltic state's economic recovery from a deep crisis..
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