A Christian Science perspective.
While the dueling parties still don't have a solution to the hung parliament result after the UK election, there are two policies they are likely to agree on. Will the triumphant party reach across lines to pass these measures?
The US put $700 billion into a bailout of US banks during the financial crisis. Now the nations of the euro zone are proposing a similar bailout fund – €750 billion – to deal with the Greek debt crisis.
Ultraorthodox Jewish men harvest wheat ahead of the Jewish Shavuot holiday in a field outside the Israeli community of Mevo Horon on Monday. Shavuot commemorates Moses receiving the Ten Commandments and is also a harvest holiday. It begins next Tuesday at sundown.
Markets across the world soared after the European Central Bank promised the creation of a $955 billion rescue fund for eurozone countries with debt problems. But some economists are worried about moral hazard – bailouts leading to reckless spending.
David Cameron's Conservative Party, which won the most seats in the May 6 UK election, is furiously negotiating with the third-place Liberal Democrats for a coalition government. But the Lib Dems haven't budged on electoral reform.