This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Crisis-ridden EU Wins Nobel Peace Prize

Normally, the prize committee either honors lifetime achievement or promotes a work in progress.

This year's award does both, Jagland said, noting it "looks backward as well as forward" by recognizing the EU's historic role in building peace, even as nationalist forces that once tore the continent apart are again on the rise.

The citation noted the democratic reforms the EU demands of nations who join. It referred to Greece, Spain and Portugal, which joined in the 1980s after emerging from dictatorships, and to the talks with Balkan nations seeking membership following bloody wars in the 1990s.

Europe's stumbling economy is making it harder for economies around the world to recover and international policymakers are urging more decisive action from the region's governments to deal with the crippling debt crisis.

The region is the United States' largest export customer and any fall-off in demand will hurt U.S. businesses â¿¿ as well as Obama's election prospects.

____

Ritter reported from Stockholm. Gronnevet reported from Oslo. AP reporters Louise Nordstrom in Stockholm, David Rising in Berlin, Elena Becatoros in Athens and Angela Charlton in Paris contributed to this report. Don Melvin can be reached at http://twitter.com/Don_Melvin .

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
5 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs