Reuters By Stephen Brown DUESSELDORF, Germany | Sun May 13, 2012 12:49pm EDT (Reuters) - Chancellor Angela Merkel's conservatives suffered a crushing defeat on Sunday in an election in Germany's most populous state, a result… more »

Washington Times European politicians are on the hunt for new sources of revenue as the continent’s fiscal situation worsens. The level of desperation is clear in the latest move from German Chancellor Angela Merkel’s coalition government to tap into… more »

Fox News The New York Police Department warned local banks to bolster mailroom security Wednesday after a package bomb was intercepted in Frankfurt, Germany, addressed to the CEO of Deutsche Bank.Paul J. Browne, the NYPD's deputy commissioner of pu… more »

UK Telegraph By Ambrose Evans-Pritchard German finance minister Wolfgang Schauble said it would be a folly to boost the EU's bail-out machinery (EFSF) beyond its €440bn lending limit by deploying leverage to up to €2 trillion, perhaps by raisin… more »

    Zerohedge.com by Tyler Durden Any time a major bank releases a report saying a given course of action is too costly, too prohibitive, too blonde, or simply too impossible, it is nearly guaranteed that that is precisely the course of ac… more »