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New treaty promises a lot for the future and fixes exactly none of the problems which are threatening the world economy. Last time we checked in on the Euro family , everyone was terrified that cousin Silvio (and those other deadbeats: Constantine, Seamus and Fatima) wouldn’t be able to make the payments on his family business

TOKYO (Reuters) - Japan is considering joining a U.S.-led global nuclear compensation treaty in a bid to fend off excessive overseas damage claims related to nuclear accidents, the Nikkei newspaper reported on Sunday, without citing sources. The U.S., Morocco, Romania and Argentina have agreed to the Convention on Supplementary Compensation for Nuclear Damage, but the treaty needs at least five countries in order to go into effect. [More]