Euro zone unemployment hits record high


JNN 04 May 2012  LONDON — Record high unemployment for the 17 countries that use the euro is set to increase the pressure on Europe’s leaders to switch from a focus on austerity to a pro-growth strategy to stop the region from moving deeper into recession. Continue reading

Saudi Arabia Closes its embassy in Egypt – Afraid of the Revolutionary Viral Virus may also infect the Homeland


JNN 04 May 2012 Cairo : Saudi Arabia has closed its embassy in Cairo and recalled its ambassador to Egypt after protest rallies were held in front of the embassy and Saudi consulates in Suez and Alaxanderia.  Continue reading