My apologies to Dr. Steve and you, dear Reader. He originally posted this article a few hours ago with clever in-line commentary. I just now accidentally deleted it -- what you see is a mere replacement post, so at least you know what all the fuss is about.
The eurozone has returned to recession as the region's debt crisis continues to hurt demand, figures show.
The economy of the 17-nation bloc contracted by 0.1% between July and September, after shrinking 0.2% in the previous three months, Eurostat said.
The eurozone was last in recession in 2009, when the economy contracted for five consecutive quarters.
The news comes a day after millions of workers in Europe held a day of action against austerity measures.
Protests in Spain, Italy and Portugal were marred by violence.
Countries such as Greece and the Republic of Ireland that have been bailed out by international lenders continue to see their economies shrink. Meanwhile larger economies such as Spain have imposed spending cuts in an attempt to avoid having to ask for a bailout.
"This [the fall into recession] was totally expected because of austerity policies combined with world growth slowing down and a dramatic fall in activity in Germany and the Netherlands," said Steen Jakobsen, chief economist at Saxo Bank.
"The last couple of days have created a new momentum for a major change in policy input, because up until this week, social tension was not part of equation. It seems like the tone has shifted dramatically."
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.