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Hare Markets vs Tortoise Legislatures, No Matter What European Summits Decide

It's all somewhat worrying when financial items in much of the world's media refer to "ESM bailout funds" as if the European Stability Mechanism were already well established and operating in Luxembourg. Initially hoped to be up and running by July 2012 after a final draft was agreed by Eurozone leaders in Brussels on 02 February 2012, the ratification process, progressing fairly well up to the Netherland's Queen Beatrix granting Royal Assent on 05 July with formal endorsement on...

Piers Morgan Mistakes Celebrity Drag Queen for Whitney Houston

During the Piers Morgan tonight show on 6 July, the host and his team made an embarrassing blunder - while interviewing rapper LL Cool J about the late Whitney Houston's life, the production crew showed a photograph not of the music legend but of a German drag queen impersonating her