Roberto Abraham Scaruffi

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AMERICA'S DEBT CRISIS
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Why Europe Is Right and Obama Is Wrong
US President Barack Obama has recently suggested that Europe must take
on more debt to stimulate the economy. Such reliance on cheap money,
though, is what got us into the current crisis in the first place --
both in Europe and in the US. America's problem isn't too little money.
It's a lack of competitive products.

http://www.spiegel.de/international/world/0,1518,789624,00.html#ref=nlint

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FORMER OBAMA ADVISER
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Euro Crisis 'Could Become a Global Conflagration'
Austan Goolsbee was President Barack Obama's most important economic
adviser until August. He told SPIEGEL that Europe must recapitalize its
banks immediately to avoid the risk of a financial collapse. He says
that Europe has been far too hesitant in combatting the ongoing debt
crisis.

http://www.spiegel.de/international/world/0,1518,789636,00.html#ref=nlint

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BAD NEWS FROM ATHENS
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Greek Budget Figures Complicate Bailout Efforts
The Greek economy is still shrinking -- and will continue to do so
through next year, the country's Finance Ministry announced on Monday.
In addition to missing its deficit targets, the continued contraction
has multiplied doubts as to the wisdom of saving Greece at all.

http://www.spiegel.de/international/europe/0,1518,789656,00.html#ref=nlint

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MERKEL AND THE EURO
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Is Germany's Finance Minister Going Rogue?
He used to be regarded as Germany's safest pair of hands when it comes
to the euro crisis. Now, criticism of Finance Minister Wolfgang Schäuble
is growing within the government parties. Some believe that Schäuble
wants to exploit the crisis to push through his vision of a United
States of Europe. By SPIEGEL Staff.

http://www.spiegel.de/international/europe/0,1518,789661,00.html#ref=nlint

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'ONLY THE POOR ARE LEFT'
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Civilians Abandon Sirte ahead of Rebel Onslaught
Civilians are desperately trying to escape the Libyan city of Sirte, the
home town of Moammar Gadhafi, before the interim government launches its
final offensive. Those who have managed to flee report desperate
conditions in the city, where fuel and medicine are in short supply.

http://www.spiegel.de/international/world/0,1518,789626,00.html#ref=nlint

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A Libyan Massacre: 'Loud Marching Music Drowned Out the Inferno'
http://www.spiegel.de/international/world/0,1518,789633,00.html#ref=nlint

Photo Gallery: The Struggle for Sirte
http://www.spiegel.de/fotostrecke/fotostrecke-73563.html#ref=nlint


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A LIBYAN MASSACRE
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'Loud Marching Music Drowned Out the Inferno'
In 1996, guards at Moammar Gadhafi's notorious prison Abu Salim near
Tripoli massacred more than 1,200 inmates. Survivor Jumaa al-Shalmani
told SPIEGEL about the horrific events.

http://www.spiegel.de/international/world/0,1518,789633,00.html#ref=nlint

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WORLD CHAMPIONSHIPS
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Pole Dancers Vie for Top Honors in Budapest
Pole dancers from around the world descended on Budapest for the young
discipline's world championships this weekend. For the first time, men
were also able to show their stuff.

http://www.spiegel.de/international/zeitgeist/0,1518,789666,00.html#ref=nlint

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Photo Gallery: Poles Apart
http://www.spiegel.de/fotostrecke/fotostrecke-73568.html#ref=nlint


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HOLIDAY PUBLISHING SCHEDULE
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A Note to Our Readers
Monday, October 3 is a national holiday in Germany. Although we will be
publishing on a limited schedule, our daily "World from Berlin" press
review will not return until Tuesday, October 4.

http://www.spiegel.de/international/0,1518,440550,00.html#ref=nlint