Outside View: Greece should quit the euro and remark its debt

FEATURED STORIES   UPI.com | Privacy Policy | Preferences | Advertise

Walker's World

More Walker's World

Outside View: Greece should quit the euro and remark its debt PETER MORICI || UPI Outside View Commentator COLLEGE PARK, Md., June 21 (UPI) -- The only real option to the Greek economic crisis is for Athens to drop the euro and resurrect the drachma, unilaterally remark public and private debt into drachma and let the drachma float on currency markets [ FULL STORY ]

Walker's World: Here come the 'age wars' MARTIN WALKER || UPI Editor Emeritus BARCELONA, Spain, June 20 (UPI) -- The age wars are upon us, complicated by the fact that while young people today may feel the burden of paying the pensions of the baby-boomers to be unjust. [ FULL STORY ]

Special Reports

More Special Reports

Bahrain accused of abuse inside hospitals GENEVA, Switzerland, June 20 (UPI) -- Security forces in Bahrain turned one of the country's main hospitals into a torture chamber, an official with Doctors without Borders said. [ FULL STORY ]

Bahrain hiring mercenaries, scholar claims WASHINGTON, June 21 (UPI) -- Mercenaries from Indonesia, Malaysia and Pakistan are being recruited by officials in Bahrain to help restore security to the country, a Saudi scholar claimed. [ FULL STORY ]

U.S. official heads to Yemen WASHINGTON, June 21 (UPI) -- Washington said one of the top officials in the U.S. State Department is headed to Yemen to meet with the country's vice president and opposition figures. [ FULL STORY ]

Iranian foreign minister faces impeachment TEHRAN, June 21 (UPI) -- The Iranian foreign minister said Tuesday he appointed a new deputy after lawmakers started impeachment proceedings against him. [ FULL STORY ]

U.S. wants action from Assad WASHINGTON, June 21 (UPI) -- Syrian President Bashar Assad needs to turn his pledges of reform into concrete action, a spokeswoman for the U.S. State Department said. [ FULL STORY ]

Energy Resources

More Energy Resources

Kiev opens second case in 2009 gas deal KIEV, Ukraine, June 21 (UPI) -- A deputy prime minister under the former Ukrainian government was questioned in a second case involving a 2009 natural gas deal with Russia, officials said. [ FULL STORY ]

Shell fined for 2008 gas explosion LONDON, June 21 (UPI) -- Officials investigating a gas explosion in Norfolk, England, said they're lucky to focus on Shell's financial obligations and not the loss of life. [ FULL STORY ]

Cases line up against Greenpeace AMSTERDAM, Netherlands, June 20 (UPI) -- Eleven activists with Greenpeace appeared before a Dutch court as the group's executive director remained jailed for protesting arctic oil drilling. [ FULL STORY ]

London's vehicles go green LONDON, June 20 (UPI) -- A low-carbon future is the only future for transportation, a British official said after introducing two electric vehicles to the government's fleet. [ FULL STORY ]

Statoil wants to squeeze gas fields STAVANGER, Norway, June 20 (UPI) -- Norwegian energy company Statoil said it wanted to squeeze more resources out of aging subsea fields through compression. [ FULL STORY ]

Special Reports

More Special Reports

Maliki doesn't have final say on troops BAGHDAD, June 20 (UPI) -- Any decisions regarding the U.S. military role in Iraq is up to the country's ministers, not the prime minister, an official in the prime minister's party said. [ FULL STORY ]

Iranian foreign minister faces impeachment TEHRAN, June 21 (UPI) -- The Iranian foreign minister said Tuesday he appointed a new deputy after lawmakers started impeachment proceedings against him. [ FULL STORY ]

ElBaradei wins in informal poll CAIRO, June 20 (UPI) -- Egyptian diplomat and presidential hopeful Mohamed ElBaradei received the most support in an informal poll by the military council, results indicate. [ FULL STORY ]

U.S. in contact with Libyan opposition WASHINGTON, June 21 (UPI) -- Washington said it is consulting directly with the Libyan opposition and supporting its efforts through aid, including the delivery of body armor. [ FULL STORY ]

Reform or go, London tells Assad LUXEMBOURG, June 20 (UPI) -- With international pressure mounting on Damascus, the Syrian president pressed for national dialogue Monday while blaming outsiders for the country's problems. [ FULL STORY ]

Copyright © 2011 United Press International, Inc. All Rights Reserved. Tell us what you think about the newsletter. feedback@upi.com My Subscription Preferences | UPI.com | Legal Disclaimer | Privacy Policy | Advertise Online | Contact Us If you prefer not to receive these emails anymore, please click here.