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London-based Derwent Capital Markets is Europe’s first social-media based hedge fund. The nearly 40-million dollar fund was launched on the premise that tweets foretell whether markets will go up or down based on the general mood of the population. So far, the theory has proven to be true. Derwent Capital has reported a 1-point-8 percent rise in its first month of trading.

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The US Federal Reserve has joined forces with other world banks to help dig European countries out of their current financial crisis. Eurozone banks could face major losses if heavily indebted nations default on their loans. The Federal Reserve is teaming up with the Bank of England, the Bank of Japan, and the Swiss National Bank in a pre-emptive strike to fight off another potential global economic collapse.

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Lottery organizers in Europe are still waiting for someone to come forward with the winning ticket for a staggering $260 million prize. Euromillions officials say the winning ticket containing all 7 correct numbers and was purchased somewhere in the UK. With each day that passes, the winner is losing nearly $15,000 worth of interest!

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