EU finance ministers say they are ready to increase their total contribution to the International Monetary Fund to €125 billion ($175 billion.)
Sweden's Anders Borg said the 27-nation bloc will give more money to help plug a shortfall in the $500 billion the fund is looking for to help it lend to countries suffering from the global economic downturn.
He told reporters after a Wednesday meeting EU countries still have to decide how much each of them will pledge.
Germany is promising €25.03 billion, France will give €18.45 billion and Britain will up its share by an extra $11 billion to $26 billion.
Biofuel Made From Corn Waste Less ‘Green’ Than Gasoline 2014 04 24 Biofuel created from corn waste may not be the clean, eco-friendly oil alternative the United States government is hoping for. A new study has found that fuel generated from harvested corn leftovers creates more greenhouse gases than conventional gasoline — at least in the short term.
The fuel under study, called cellulosic ethanol, has been touted in recent years as a ...
Swedes open coffin of 850-year-old king 2014 04 24
Scientists pried open the 850-year-old casket of King Erik the Holy on Wednesday, hoping to find out more about the king, his crown, and his eating habits.
"This was a very special occasion, especially considering the importance of Saint Erik religiously in Sweden," Uppsala Cathedral Chaplain Lars Åstrand told The Local.
The casket contained the bones of King ...
John Kerry and the Pope set to face off with Jewish Knight Templars on the Temple Mount 2014 04 24
This is the week that supposedly spells the end of the peace process or its end. My money is on a continuation that has no real substance or direction.
What’s the alternative?
With Passover and Easter over, Secretary Kerry can return to the Middle East crisis. This, after dealing so successfully with crisis in the Ukraine. [Is the author joking? - RIC]
Sri Lanka to deport UK tourist with Buddha tattoo 2014 04 24 Sri Lankan authorities will deport a British tourist for having an image of Buddha tattooed on her arm, an official said Wednesday.
Police spokesman Ajith Rohana said Naomi Coleman was detained at Colombo’s airport after she arrived from India on Monday when authorities spotted the tattoo of Buddha seated on a lotus flower. She was sent before a magistrate who ...
Chess-playing computers may cause the robot apocalypse 2014 04 23
Sore-loser chess programs might be the end of us all...
In the movie The Terminator, we heard the human side of the story of Judgment Day, with the machines getting smart and seeing us as a threat. It wasn’t until the sequel that we heard the tale from the machine’s point of view, as it chose to start World War III ...