Europe’s euro crisis exposes fault lines in nation states
The piece argues that Greece’s debt crisis reveals Europe’s insufficient sovereign discipline and the euro’s drift toward a pan euro governance. It contends the EU lacks enforceable fiscal rules, notes 3 percent GDP deficit targets are widely ignored, and critiques the euro as erasing national identities while fostering moral hazard and Western fragility.
MENTIONED IN THIS ARTICLE
Washington
Angela Merkel
Germany
Greece
North Rhine-Westphalia
Westphalia
Europe
Wisconsin
Paul Ryan
United States
International Monetary Fund
William Blackstone
Strasbourg
Brussels
Emerson
Demos
Henry James
William Dean Howells
Ireland
Britain
London Spectator
USA
Embracing Slow Tech: A Snail’s Pace Through Obsolescence
Dayton Daily News columnist D L Stewart laments planned obsolescence and shares his comic—yet relatable—struggle to learn a modern smartphone. He recalls mocking eager shoppers, buying a phone, and facing updates, outdated CDs, and a steep learning curve. The piece underscores how new tech quickly becomes old news.
Cameron Clegg coalition signals shake up in UK politics
David Cameron and Nick Clegg lead a coalition that unsettles both Labour and the Lib Dem left wing. Markets initially rise but MPC governor King breaks with independence by backing austerity, while weak labor data and optimistic growth forecasts hint at further fiscal strain and a possible early election.
MENTIONED IN THIS ARTICLE
Nick Clegg
Britain
David Cameron
Conservative Party
Cameron
Clegg
Liberal Democrats
Tories
Pound
Bank of England
Mervyn King
Monetary Policy Committee
MPC
Treasury
Cameron-Clegg
Labour Party
Buttonwood Pact to NYSE Founded Marks Markets Turning Point
Almanac notes the 1792 signing of the Buttonwood Agreement by 24 brokers forming what became the NYSE. It also recalls Brown v Board of Education’s 1954 ruling and Massachusetts 2004 legalization of same sex marriage. Birthdays include Dennis Hopper Bill Paxton Sugar Ray Leonard and Enya.
MENTIONED IN THIS ARTICLE
Buttonwood
New York Stock Exchange
Supreme Court
Brown v. Board of Education
Topeka
Kan
Massachusetts
U.S
Dennis Hopper
Bill Paxton
Sugar Ray Leonard
Enya
May 17 2010 observances and notable anniversaries
The item notes birthdays for May 17 2010 including singer songwriter aged 49, Craig Ferguson 48, Trent Reznor 45, and Josh Homme 37. It recalls Hank Aaron’s 1970 3000th hit, quotes Chief Justice Earl Warren on separate but equal, and states the moon phase between May 13 new moon and May 20 first quarter.
MENTIONED IN THIS ARTICLE
Craig Ferguson
Trent Reznor
Josh Homme
Hank Aaron
Earl Warren
New Moon
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Phoenix Police
George Will
Georgewill
Washpost
D.L. Stewart
The
Dayton Daily News
David G. Blanchflower
Dartmouth College
University of Stirling
Almanac
Doonesbury
Pratt
Justin Pratt