In short, Europe, for all its apparent health, cannot escape unscathed from the world's current turmoil.
These satellites help provide better weather coverage and short-range forecasts for Europe and Africa, especially in the case of rapidly developing storms or fog.
International Monetary Fund managing director Christine Lagarde said that Europe needed a plan for growth - short and long term.
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News out of Europe was bullish, at least for the short-term.
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Look for OnAir service to drop initially on short flights in Western Europe, though Airbus intends to take it global -- if the FAA's cool with it, anyway.
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These banks are already suffering from an inability to raise funds as American and other lenders pull their money out, leaving Europe's banks dependent on the ECB for short-term cash.
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It also fosters new ways of using the telephone: to send short messages (a billion a month in Europe), to pay for a Coke, to make a bet, to receive instant recommendations on where to park or to eat.
Paul Dietrich, managing director at Foxhall Capital in Conn. says short term, investors should stay away from Europe, sell European bank holdings and watch out for anything too closely tied to the US economy.
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In short, hot money is fleeing low interest rates in the U.S. and Western Europe for China, India, South Korea and other nations where the returns are much higher.
WAP, short for wireless application protocol, the standard for connecting cellphones and the Internet, is all the rage in Europe.
The International Capital Market Association, a lobby group, has warned that the tax would cause the short-term repo market in Europe to contract by at least two-thirds, with serious consequences for other financial markets and the real economy.
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