Europe, reluctant to pay more or to trade freely with countries with lower social and environmental standards, may counter with threats of transition periods even longer than those for Spain and Portugal.

ECONOMIST: Unfinished business | The

Two cholesterol-lowering drugs sold only by prescription were in lower doses considered for over-the-counter sale.

FORBES: FDA Rejects Over-The-Counter Cholesterol Drugs

The smaller, but growing, school argues not only that Keynesian deficit spending has reached its limits but also that a serious effort at cutting deficits would boost confidence and thus counter the drag on demand from lower government spending.

ECONOMIST: Tightening economic policy

Bernanke insists that the plan will stimulate investment through lower interest rates and potentially stimulate spending through the wealth effect, notwithstanding the counter-arguments stated above.

FORBES: Where Is The Love For QE2?

But for now, lower bond yields and a stronger dollar are the route through which American spending will rise to counter European austerity.

ECONOMIST: World economy

The lower-end AX100U adds an ambient light sensor that adjusts the output on-the-fly to help counter-act the light in the room.

ENGADGET: Panasonic @ CEDIA - 2 new HD projectors - UPDATE HD