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Analysis: Argentina, Asia rebounds offer false hope for Greece
BRUSSELS (Reuters) - Greece should not be lulled into believing an exit from the euro would lead to the sort of short shock and sharp rebound that Argentina and Asian nations experienced when they devalued their currencies more than a decade ago. The experience of other countries suggests that Greece too could benefit after the turmoil from euro zone expulsion subsides. But the hard data suggests, and economists believe, it would be too weak alone to lift itself out of trouble. "It's one thing to leave a currency peg, quite something else to leave a currency. ...
Publ.Date : 2012-05-22T08:46:33Z
Pakistan disciplines officers over base attack
Heavily armed militants stormed the naval base in the country's biggest city on May 22, 2011Pakistan is to discipline three navy officers for negligence a year after a 17-hour militant assault on a military base in the heart of Karachi, a navy spokesman said on Tuesday.
Publ.Date : 2012-05-22T07:19:28Z
Legion No. 1 admits he knew of priest's kid in '05
The head of the embattled Legion of Christ religious order admitted Tuesday to covering up news that his most prominent priest had fathered a child and announced a review of all past allegations of sexual abuse against Legion priests amid a growing scandal at the order.
Publ.Date : 2012-05-22T07:22:52Z
Joplin commemorates anniversary of deadly tornado
A day of solemn remembrances and forward-looking celebrations is planned Tuesday as Joplin commemorates the anniversary of a tornado that ripped the city in half.
Publ.Date : 2012-05-22T07:18:34Z
Chicago police get high marks for NATO protests
Chicago Police Superintendent Garry McCarthy address the news media during a protest march to Boeing corporate offices for a demonstration as a part of the NATO summit Monday, May 21, 2012 in Chicago. (AP Photo/Nam Y. Huh)The sight of Chicago police raising billy clubs against demonstrators Sunday was the kind of image that has dogged the city's police force longer than most of those who clashed with protesters have been alive.
Publ.Date : 2012-05-22T07:24:45Z

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