VUVUZELAS: Worldwide audiences and soccer stars – including Portugal’s Cristiano Ronaldo and Argentina’s Lionel Messi – have complained about the incessant high-pitched whine of the long plastic horns, called vuvuzelas, seen here at Ellis Park Stadium in Johannesburg, South Africa. That reignited calls to ban the vuvuzela, but FIFA chief Sepp Blatter put an end to that discussion early in the tournament. A Cape Town businessman has touted his design for a slightly quieter vuvuzela that reduces the tuneless horn's sound output from a deafening 134 decibels to a more manageable 121 decibels. That sounds good.
With elections approaching, Ireland’s leaders need to put the blame-game for the Celtic Tiger's downfall in the attic for now, and get on with the business of recovery. A debt-laden Ireland – and the European countries that bailed it out – require it.
Irish Prime Minister Brian Cowen resigned as party leader, the ruling coalition collapsed, and six ministers quit. Some say the volatile week may actually help the country get back on its feet.
The Irish government says a $112.5 billion bailout will come with a 5.8 percent interest rate. The public appears unhappy with the bailout, but uncertain where to direct its anger.
The Greece and Ireland debt crises have raised more questions about a currency that was supposed to unify Europe.
Stock prices mostly recover from a 149-point decline that traders attributed to an FBI raid on two hedge funds and worries about Ireland's bailout.
Ireland's Green Party has said it will pull out of its coalition under Prime Minister Brian Cowen. Cowen has called for elections in early 2011, but opposition leaders want a vote now.
Ireland is negotiating with the European finance officials over an aid package that could come with strings attached.
EU ministers continue to worry that Ireland's debt crisis will drag down financial markets. Ireland says its debts are covered until mid-2011.
An Ireland bailout is possible after government bonds tumbled in recent weeks. The country is under pressure to accept a $100 billion bailout that could prove a bitter pill for the former 'Celtic Tiger.'