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AFFILIATED PRESS INTERNATIONAL

Affiliated Press Euro-Zone on-line edition

Hollande is expected to flex his political muscles at a meeting of European leaders today, as he pushes back against austerity in the eurozone.

FRANCE

 OIL PRICES RISE AS GLOBE SEEKS DEALS

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South Korea is reported to be planning to spend more than 2.5 trillion won ($A2.17 billion) over the next five years on hundreds of missiles in the face of threats from North Korea.
President Lee Myung-Bak last month approved a defence ministry project to buy 500 to 600 new missiles, Chosun Ilbo newspaper reported on Tuesday.

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Magma is spewing from the Volcan de Fuego in Guatemala, sending a cloud of ash and steam up to 5,000 metres above its crater.
Eruptions on Sunday at the peak, whose Spanish name means Volcano of Fire, lessened somewhat from Saturday, the day they began, but they still sent magma shooting up to 400 metres above the volcano.

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Oil prices have surged, rebounding from last week's multi-month lows on speculative buying and as concerns resurfaced over supplies from the crude-rich Middle East, particularly from Iran.

The market was also supported by Group of Eight (G8) leaders voicing support for Greece to stay in the eurozone at a weekend summit in the United States.

 The French amusement park that gives you more than 25 experiences and a whole new level of fun!

Administrator

 STORIES THAT SHOOK THE EUROZONE 2011

 WILL FACEBOOK SHARES BE STABLE & FACEBOOK ITSELF?

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The much-anticipated initial public offering of Facebook, as you all should surely know by now, has finally taken place. Although the news has garnered a lot of excitement, it has also brought up some questions. Numerous analysts have raised concerns over the future of the company, citing uncertainties about Facebook’s revenue model, mobile strategy, advertising, Mark Zuckerberg’s leadership, and more.

Christian Taylor, CEO of leading Facebook ecommerce platform, Payvment, says he’s not worried about the company’s future.Francis Gaskins, the President of IPO Desktop, however said he was skeptical of the future growth of Facebook given its past quarter earnings.

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Paris

Jan Dupont:

Co-ordinator
  Paris

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  is a large group of newspapers providing English language news and features for 90% of France/Europe.

These papers are produced by the same team that produces France’s and Euro-Zones leading daily and weekly newspapers.

Anne Hunt:

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Print Editor Lyon

Political Editor
Paris - London

Major Events in 2011

Celeste Duval:

Susan Dean:

Entertainment

Bureau Chief
  Rome

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Greece may be having a tough time economically but that didn't stop an inspiring rainbow to form in Athens as the Olympic flame was handed over to Princess Anne, president of the British Olympic Association in the ancient Panathenaic Stadium.

Lit in Olympia on 10 May, the flame was taken on a week-long tour of Greece. A British delegation including David Beckham are due to fly with the torch to the UK on Friday.

It will then be carried 8,000 miles (12,875km) by 8,000 bearers in a 70-day relay ending at the Olympic Park.
The relay begins at Land's End on Saturday when triple Olympic sailing champion Ben Ainslie will be the first to carry the torch on British soil.

After criss-crossing every region of the UK, the flame will be used to light the cauldron in Stratford's Olympic Stadium at the opening ceremony of the Olympic Games on 27 July.

2012med