LONDON - In a speech at the LSE yesterday entitled "An EU 'fit for purpose' in the global age", UK Foreign Secretary David Miliband said that "I don't think it's an exaggeration to say that Europe's core values and institutions are therefore going to be tested by this economic crisis in ways that perhaps we haven't fully come to appreciate."
BRUSSELS - A new policy divide appears to be opening up between the EU and the US over the extent stimulus spending programmes should be used to combat the current global recession.
UK - Police are targeting thousands of political campaigners in surveillance operations and storing their details on a database for at least seven years, an investigation by the Guardian can reveal.
BRUSSELS - Israel is damaging the prospects for peace with Palestinians by grabbing land and violating civil liberties in East Jerusalem, according to an internal EU report. During the Six-Day War in 1967 Israel invaded and occupied the city's eastern part, which is currently home to some 190,000 Israelis as well as 210,000 Palestinians and the third holiest site in Islam, the al-Aqsa Mosque.
UK - The Bank of England's great experiment in 'quantitative easing' - boosting the supply of money in the economy - is now under way with the knock-on effect that savers and pensioners are already feeling the pain as the real value of their investments falls.
EUROPE - Spread betting companies have reported A HUGE WAVE OF SHORT EURO TRADES in the last two weeks, leading to speculation that a significant correction in the currency will come in the next few months.
UK - House prices may fall by a further 55 percent and there is a "very real probability" that Britain will be bankrupted, a leading investment bank has warned in a private note to clients. People who bought buy-to-let flats are expected to "begin panic selling" and the average home value could drop below £100,000.
USA/GERMANY - Authorities struggled on Wednesday to understand why an Alabama man shot dead 10 people, including his mother and four other relatives, before killing himself after a gunbattle with police. A 17-year-old in black combat gear killed 15 people in southwest Germany on Wednesday in a shooting spree that started at his former school.
UK/USA - A RIFT BETWEEN EUROPE AND AMERICA over the crux of the G20 summit was last night threatening Gordon Brown's hopes for a deal to rescue the world economy. The size of the challenge facing the British Government in bringing together world powers was emphasised in a candid admission by Britain's most senior civil servant that it was proving "unbelievably difficult" to liaise with the Obama Administration to prepare for the meeting.
USA - If the US government assumes greater control over US bank Citigroup or automaker General Motors, that might "trigger" their removal from the Dow index, the Dow Jones Indexes said yesterday.
BRUSSELS - The European Union is in danger of being crushed by the current economic and democratic crises unless Brussels starts to give power back to the member states, says Gisela Stuart.
ISRAEL - Israeli Defence Forces Intelligence Chief General Amos Yadlin confirmed on Sunday, in his monthly briefing to the Cabinet, that ayatollah-controlled Iran has the technology to develop a nuclear bomb - and that it is taking advantage of US President Obama's dialogue policy.
BRUSSELS - "The Lisbon Treaty, when it enters into force, will anchor the European Security and Defence Policy into the European 'acquis'. One can consider that THE EUROPEAN DEFENCE POLICY IS NOW UNDERWAY and its success is a matter of time." - Felipe Gonzalez Marquez, former Prime Minister of Spain
BRUSSELS - The EU is becoming increasingly frustrated with the American car company General Motors, the owner of a number of struggling car companies in Europe, accusing it of attempting to exploit a lack of EU co-ordination to secure greater financial support.
EUROPE - There are several comment pieces about Gordon Brown's trip to meet President Obama, with Philip Stephens arguing in the FT that "if Britain wants to be heard in the White House, surely it must show it has real clout in Europe."