The Delaware Gazette

Disco Queen Donna Summer dies at 63

NEW YORK — Like the King of Pop or the Queen of Soul, Donna Sum­mer was bestowed a title fit­ting of musi­cal roy­alty — the Queen of Disco.

World leaders set for busy US weekend of summitry

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WASHINGTON — More than two dozen world lead­ers will join Pres­i­dent Barack Obama in an extra­or­di­nary week­end of back-to-back sum­mits to tackle Europe’s mount­ing eco­nomic woes and solid­ify plans for wind­ing down the decade-long war in Afghanistan.

Stock market decline is muted, despite bank slump

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JPMorgan’s sur­prise $2 bil­lion trad­ing loss prompted a sell-off in finan­cial stocks Fri­day, with smaller declines across the broader mar­ket as investors decided this was more of a prob­lem for invest­ment banks than for other industries.

Recent economic developments raise worldwide caution flags

Late last week and over the week­end, a flurry of devel­op­ments related to the near and longer term eco­nomic out­look took place, most of which could be a cause for concern.

Austerity now dirty word in Europe, but what next?

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PARIS — The day after Fran­cois Hol­lande rode to power in France on a slo­gan of “change now,” the con­ver­sa­tion in Europe was already dif­fer­ent Mon­day: Aus­ter­ity had become a dirty word.

France gets new leader, Europe new direction

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PARIS — France handed the pres­i­dency Sun­day to left­ist Fran­cois Hol­lande, a cham­pion of gov­ern­ment stim­u­lus pro­grams who says the state should pro­tect the down­trod­den — a vic­tory that could deal a death blow to the drive for aus­ter­ity that has been the hall­mark of Europe in recent years.

Europe’s debt fix falters, rattling markets

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FRANKFURT, Ger­many — Europe’s plan to fix its debt cri­sis by impos­ing bud­get cuts frayed Mon­day. Heavy sell­ing rocked finan­cial mar­kets, uncer­tainty gripped two gov­ern­ments, and the eco­nomic out­look dark­ened across the continent.

Pentagon: America will be ready if needed in Syria

WASHINGTON — U.S. mil­i­tary lead­ers clearly expressed reluc­tance about using Amer­i­can might to stop the unend­ing vio­lence in Syria, insist­ing that diplo­macy remains the best option to force Pres­i­dent Bashar Assad to end the bru­tal crack­down on his own people.

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