A Polish magazine has been publishing recordings of officials' conversations, apparently recorded in Warsaw restaurants. And it's threatening to topple the government.
As Spain's credit possibilities dry up, the strength of the eurozone is further tested. If the European Union is to shield against the negative effects of globalization – like the current debt crisis – it needs a fully empowered, legitimate central government, writes a former Polish prime minister.
Acting president Bronislaw Komorowski edged out Jaroslaw Kaczynski, opposition leader and twin brother of the late President Lech Kaczynski, with just over 52 percent of the vote in Sunday's Poland election.
The euro fell to a four-year low on Wednesday amid continued investor worries about Europe's sovereign debt woes. German Chancellor Angela Merkel banned naked short-selling, seeking to combine new regulation with an already announced $1 trillion euro rescue package, to shore up the currency.
As American businesses look globally for profit, they see glimmers of financial improvement.