A discovery of at least 2 billion barrels of oil in the western part of the state has led to an oil boom. That means a low unemployment rate of 3.5 percent, but residents question the cost. "To expect a county of 20,000 people to overnight absorb another 20,000 people is ludicrous," one official says.
French President Nicolas Sarkozy has announced German-French cooperation in proposing a new European treaty to address the debt crisis. He said Europe will be strong only if there is unity between Germany and France. But he failed to provide details about specific measures.
There are basically two solutions to the European debt crisis. The problem is there's a barrier blocking both these potential solutions — a certain European country known for its beer and brats — Germany.
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