Bulgarian Government Resigns After Street Protests

The reason for the protests has been cited as economic policies and a perceived failure to tackle corruption.  

Consequently, PM Rossen Zhelyazkov has tended in his government's resignation. The PM has survived previous motions of no confidence - the government he runs has served less than a year in office.

Bulgaria's first budget in Euros has been withdrawn.  

Bulgaria's current currency is the Lev (1 USD = 1.66 Lev). Eurobarometer has said 49% of Bulgarians are against the Euro.

Nobel Laureate Warns of US Contraction in 2nd half of 2010

Joseph Stiglitz from Gary, Indiana, is a Nobel-prize winning economist. He was an active member of the debate team at Amherst College (where the endowment per student is around $740,000), about 2 hours from downtown Boston. He won the Nobel Prize for his work on screening, where one agent attempts to rectify an information asymmetry. Stiglitz has also written about information economics.