Al Jazeera PSG strike out for Carlos Tevez | Argentine striker Carlos Tevez looks set to sign for Ligue 1 leaders Paris Saint Germain after they and his present club Manchester City reached agreement on Tuesday according to sources within PSG ... (photo: AP / Roberto Candia) Football Manchester Photos Soccer Wikipedia: Carlos Tévez Al Jazeera EU takes legal action against Hungary | The European Union's executive body says it will take legal action against the Hungarian government for failing to make disputed reform laws comply with EU legislation. | The European... (photo: AP / MTI, Zsolt Szigetvary) EU Hungary Photos Politics Wikipedia: Viktor Orbán Top Stories The New York Times Greek Premier Says Creditors Could Be Forced to Take Losses | ATHENS — Taking direct aim at hedge funds and other private holders of Greece’s debt, Prime Minister Lucas Papademos says he will consider legislation forci... (photo: AP / Thanassis Stavrakis) Debt Economy Greece Photos Wikipedia: 20102011 Greek protests The Examiner 2012: looming disaster or year of grace? | With all the political developments in the Middle East, the looming economic disaster in the euro-zone, and even the growing financial strain and stubbornly high unempl... (photo: AP / Virginia Mayo) Disaster Economy Photos Politics Wikipedia: 2012 phenomenon Joy Online Cruise captain under house arrest Italian judges have put under house arrest the captain of a cruise ship that crashed into rocks on Friday. | Prosecutors say Francesco Schettino caused the crash and also... (photo: AP / Gregorio Borgia) Arrest Cruise Photos Transport Wikipedia: Costa Concordia disaster The Independent EU 'should block finance for Israeli settlements' | The proposal is made in a report warning that a new surge in Jewish settlement expansion in Arab East Jerusalem, among other policies, is "systematically undermini... (photo: AP / Sebastian Scheiner) European Union Israel Palestinians Photos Wikipedia: International law and Israeli settlements The New York Times Hungary Is Pressed on Democracy | BRUSSELS — Reawakening a debate on what the European Union should do when one of its members threatens its democratic principles, the bloc’s executive arm o... (photo: EC / EU) Brussels Democracy Hungary Photos Wikipedia: European Union law Business Insider Great Graphic: Made in China...or Not? Marc Chandler | Marc Chandler is the head of global currency strategy at Brown Brothers Harriman. Recent Posts Great Graphic: Government Debt in Europe Euro and S&P 5... (photo: AP / Eugene Hoshiko) China Currency Debt Photos Wikipedia: Made in China China Daily Martin Schulz elected as EP president Martin Schulz of Germany addresses the assembly of the European Parliament after being elected the new president of the EU parliament in Strasbourg January 17, 2012. [Pho... (photo: REGIERUNGonline ) Germany Parliament Photos Strasbourg Wikipedia: Martin Schulz