Because Economics is Sexy...

South African President Jacob Zuma has told government ministers to negotiate immediately to end a public-sector pay strike and expects both them and unions to give ground, his spokesman said on Monday.
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World stocks fell on Tuesday in markets dominated by concerns the U.S. economy is sliding back into recession, prompting further flows into safe-haven assets.
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FRANCE’S FORMER president Jacques Chirac could avoid a planned corruption trial after the ruling UMP party yesterday confirmed it was prepared to help him repay some of the money he allegedly misused when he was mayor of Paris.
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Dutch police have detained two men who flew from Chicago to Amsterdam on Sunday night after U.S. screeners found suspicious-looking items in their checked luggage before they departed, U.S. law enforcement officials said.
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Taiwan regulators rejected AIG’s (AIG.N) planned $2.2 billion sale of its Taiwan unit to a China-related group, citing regulations on mainland investment, and leaving the insurer facing another auction.
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Brazil’s Fecha Limpa – or “Clean Slate” – is a new law aimed at changing an endemic culture of corruption in the country’s political life.
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Hurricane Earl battered tiny islands across the northeastern Caribbean with heavy rain and roof-ripping winds Monday, rapidly intensifying into a major Category 3 storm on a path projected to menace the United States.
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Roger Clemens pleaded not guilty today to six counts of lying to Congress at his arraignment in federal court in Washington.
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A gunman has opened fire in Slovakia’s capital, killing seven people and injuring 14 others before shooting himself dead, police say.
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President Barack Obama will return to Milwaukee to celebrate Labor Day at the Milwaukee Labor Council’s Laborfest.
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