NEW YORK (PNN) - May 1, 2012 - Bill Gross, founder and co-chief investment officer of bond giant PIMCO, told CNBC on Tuesday that the Fascist Police States of Amerika could be headed toward a credit rating downgrade if it does not tackle its deficit.

MADRID, Spain - April 27, 2012 - Standard & Poor's cut Spain's sovereign debt rating Thursday by two notches, warning that the government's budget situation is worsening and that is likely to have to prop up its banks. S&P cut the country's rating to BBB-plus and added a negative outlook, saying it expected the Spanish economy to shrink both this year and next, raising more challenges for the government.

LONDON, England (PNN) – April 25, 2012 - The UK economy has returned to recession, after shrinking by 0.2% in the first three months of 2012.

A sharp fall in construction output was behind the surprise contraction, according to the Office for National Statistics.

SAN FRANCISCO, Kalifornia (PNN) - April 25, 2012 - Inside and outside of Wells Fargo’s annual meeting in San Francisco yesterday, thousands of angry protesters decried the bank’s leading role in the loss of millions of Amerikan homes to foreclosure.

WASHINGTON (PNN) - April 24, 2012 - A four-decade tidal wave of Mexican immigration to the Fascist Police States of Amerika (FPSA) has receded, causing a historic shift in migration patterns as more Mexicans appear to be leaving the FPSA for Mexico than the other way around, according to a report from the Pew Hispanic Center.

NEW YORK (PNN) - April 24, 2012 - Europe’s backlash against austerity gained momentum in a challenge to German Chancellor Angela Merkel’s budget-cutting prescriptions for resolving the debt crisis.

MADRID, Spain (PNN) - April 20, 2012 - Spain has outlawed the use of cash in business transactions in excess 2,500 euros, claiming it is being done in order to crack down on the black market and tax evaders.