In Case You Missed It of the Day

With an assist from Jay-Z and Kanye, François Hollande defeated incumbent Nicolas Sarkozy on Sunday to become France's first Socialist president since François Mitterand in 1995. "Austerity can no longer be something that is inevitable," Hollande said following his win. In related news, "austerity" is currently ranked No. 7 on Google Hot Trends, the real-time ranking of international search keywords. [death+taxes]