BBC News Global economy

10 November 2011 Last updated at 06:58 ET
Making it clear... in 60 seconds

Eurozone in trouble

Eurozone crisis: The possible resolutions
What's the matter with Italy?
Q&A: How Greek crisis affects UK
Timeline: Eurozone crisis
Q&A: Greek debt crisis
Q&A: Bonds and eurobonds
The big threat: domino effect
Comparing euro economies
Is the euro crumbling?

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What Drugs Was Your Thanksgiving Turkey On?

Antibiotics and other drugs are common in the turkey that thousands of Americans eat every day.
November 20, 2011

So far, 2011 has not been a great year for turkey producers. In May, an article in Clinical Infectious Diseases reported that half of U.S. meat from major grocery chains--turkey, beef, chicken and pork--harbors antibiotic resistant staph germs commonly called MRSA. Turkey had twice and even three times the MRSA of all other meats, in another study.

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Of course no new job killing regulations are needed! Enjoy the turkey,
eat up!!!
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Gingrich proposes replacing janitors with children, gets mic checked by Occupy Boston

By Andrew Jones
Sunday, November 20, 2011

Former House Speaker Newt Gingrich proposed Friday evening that public school janitors be replaced by children in order to help solve the income gap in America.

Gingrich, as usual, took many shots at the left during his speech at Harvard University’s Kennedy School.

“This is something that no liberal wants to deal with,” Gingrich said, according to Politico.“Core policies of protecting unionization and bureaucratization against children in the poorest neighborhoods, crippling them by putting them in schools that fail has done more to create income inequality in the United States than any other single policy. It is tragic what we do in the poorest neighborhoods, entrapping children in, first of all, child laws, which are truly stupid.”
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Yeah, way to go Newt, start poor children out with the humiliation of holding jobs, while their more fortunate classmates play. Hey, while you're at it, why not have them wear "Kick Me" signs as well? Wouldn't that instill courage in them? Newt you're too good for us!
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Bank lobbying firm sends out memo to undermine ‘Occupy Wall Street’

By Andrew Jones
Saturday, November 19, 2011

In an exclusive from MSNBC’s Chris Hayes and the Huffington Post, a Washington D.C. lobbying firm has prepared a memo for its Wall Street bank clients informing them of ways to deal with “Occupy Wall Street” and the political fallout the movement may cause.

The memo was written by the firm Clark, Lytle, Geduldig, and Cranford (CLGC), warning the the American Bankers Association (ABA) that Republicans could turn on them as a strategic move in next year’s elections due to Democratic pressure. CLGC proposed to the ABA an $800,000 price tag on receiving “opposite research” from the firm in order to create “negative narratives” about Occupy Wall Street and the politicians who support them.

Hayes notes in his show Saturday morning that two of the firm’s members, Sam Geduldig and Jay Cranford, were aides for House Speaker John Boehner (R-Oh).

The move by several banks early in the month to cancel on their plans of charging debit card fees has been partially credited to the pressure the Occupy protests have placed on the banks.

WATCH: Video from MSNBC, which was broadcast on November 19, 2011.

Visit msnbc.com for breaking news, world news, and news about the economy

Failing miserably in GOP debates, Perry challenges Pelosi instead

By Stephen C. Webster
Thursday, November 17, 2011

After a string of high profile failures the likes of which are rarely seen in presidential-level politics, Texas Gov. Rick Perry issued a rare debate challenge on Wednesday to a politician he’s not even running against: House Minority Leader Nancy Pelosi (D-CA).

Perry, notorious in his own state for avoiding debates with strong Democratic challengers, sent an open letter to Pelosi on Wednesday, offering to debate his own plan to reformat Washington, D.C., “versus the congressional status quo.” READ MORE

Bill O’Reilly’s new Lincoln book ‘an insult to scholars’

By Eric W. Dolan
Tuesday, November 15, 2011

Former Nixon White House counsel John Dean slammed Fox News host Bill O’Reilly on Monday over his latest book about the assassination of President Lincoln.

The official Lincoln Museum at Ford’s Theatre has refused to sell the book because it is riddled with factual errors and lacks proper documentation.

“I stopped counting at 12 serious errors,” Dean said on Countdown with Keith Olbermann.

He said the book was an insult to “serious” writers who attempt to show scholarship in their work.

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Teacher at Christian school charged for masturbating in class

By David Edwards
Wednesday, November 16, 2011

Authorities in Schaumburg, Illinois have charged a teacher at a Christian school for repeatedly masturbating in class over a period of 10 years.

Schaumburg Christian School fired math teacher Paul A. LaDuke, 75, on Friday after a student reported that she saw him masturbating, according to NBC Chicago.

After conducting an internal investigation, school officials contacted Schaumburg police Monday. On Tuesday, LaDuke was charged with sexual exploitation of a child.

Several students reportedly told police that they were present in the classroom when LaDuke unzipped and lower his pants and then masturbated.

“Through the course of our investigation, our detectives have come to believe that this has happened several times per year for 10 years or more, possibly,” Schaumburg police Sgt. John Nebel told the CBS affiliate in Chicago.
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