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19 Oct 2010 10:31

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World: French people don’t like it when you mess with their pensions

No, these guys aren’t going to a Daft Punk show (OK, they might be later) … they’re steel workers protesting France’s possible new austerity measures. And they’re angry. source

29 Sep 2010 10:33

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World: Europeans freak out about austerity in Brussels

These guys say they were in on the whole anti-austerity thing too, but they really just wanted to dress up like ghosts. Boo! source

07 Jun 2010 11:10

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World: David Cameron: Pull up your knickers, get ready for decades of austerity

“The decisions we make will affect every single person in our country,” Cameron says. “And the effects of those decisions will stay with us for years, perhaps decades, to come.” source

12 May 2010 20:56

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World: Three things Britain’s new coalition government wants to do

  • More consistent votes Create a more consistent schedule of leadership change by setting elections for parliament for every five years. The legislature can do it sooner if 55 percent of parliament votes to do so.
  • Austerity measures Like much of Europe, the coalition government plans to do something about the large amount of debt it’s built up. It won’t be quite as insane as Greece, but expect some things to get cut out of the budget.
  • Creating jobs 2.5 million Britons are unemployed, a number that might affect the strength of the coalition if they don’t do something about it. Expect Clegg’s people and Cameron’s people to be on it. source

06 May 2010 11:11

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World: Greece willing to “walk it alone” on drastic austerity plans

  • We will press ahead, even if we have to walk alone, without the backing of other parties.
  • Greek Finance Minister George Papaconstantinou • On the country’s plan to completely reboot its economy, despite large protests and heavy criticism from its citizens. If they can’t get help from its fellow European countries, they’ll do it anyway. In other news, PEOPLE DIED in these protests. Oh, and many are concerned that they will not have enough money to survive. Unfortunately, Greece is in a rock-hard place situation due to all of that debt, so widespread public concern may not be enough to shake the leadership. source