A devastating economic depression is rapidly spreading across the largest economy in the world. Unemployment is skyrocketing, money is being pulled out of the banks at an astounding rate, bad debts are everywhere and economic…
Tag: EU
Missed Opportunities: Inward Focus on Domestic Issues and Parochialism May Lead to a Start-up Delay or “Watered Down” ASEAN Economic Community (AEC) in 2015 ASEAN potential as a major trade player Although the pundits…
Europe’s redemption lies in the re-affirmation of the Lisbon Strategy of 2000, a ten-year development plan that focused on innovation, mobility and education, social, economic and environmental renewal. * * * * * Back to…
The globalization actually encompasses all aspects of private and social life. It also has a dramatic and miserable side of the coin: the differentiation of society, the breakup of traditional interpersonal ties (the decline of…
GEOPOLITICS & ORGANIZED CRIME AND CORRUPTION IN THE EARLY 21st CENTURY WITH REFERENCE TO THE BALKANS
1. INTRODUCTION Let’s summarize the main determinants of political and social developments of the Northern Hemisphere (and beyond) over the last two centuries. In short, national states were built in the 19th and civic states…
Eurozone unemployment jumped to an all-time high in February, hitting southern nations the hardest as the social toll from the debt crisis grips the 17-nation bloc, official figures showed Monday. The jobless rate rose…
Internet hackers will face significantly tougher criminal penalties after a new draft resolution was passed in the European Parliament with an overwhelming majority. “We are dealing here with serious criminal attacks, some of which…
Seven months after the official announcement on 9/21/11 of “Operation Twist” not much progress has been made at the long end of the market to reduce yields.The yield on the 10-year T-note has gone from 1.88% to 2.3% and the 30-year bond went from 3.03% to 3.41%. The episode has been marred by hedge fund and sovereign selling, which has left the short end a little higher, but the long end much higher. The question now is how much did this cost the Fed for such disappointing results? Or in fact was this really their objective? We may never know, because the Fed hides what they do not want anyone to know. These results might not seem important but US Treasury instruments are the foundation of the global monetary system.
“… even our children will pay for this. Now they have done it and taken their revenge.” RESIDENTS of an Afghan village near where an American soldier is alleged to have killed 16 civilians are convinced that the slayings were in retaliation for a roadside bomb attack on US forces in the same area a few days earlier. In accounts to The Associated Press and to Afghan government officials, the residents allege that US troops lined up men from the village of Mokhoyan against a wall after the bombing on either March 7 or 8, and told them they would pay a price for the attack. The lawyer for Army Staff Sergeant Robert Bales, who is accused in the March 11 killings of the 16 civilians, has said that his client was upset because a buddy had lost a leg in an explosion on March 9. It’s unclear if the bombing cited by lawyer John Henry Browne was the same as the one described by the villagers that prompted the alleged threats. After a meeting at a military prison in Fort Leavenworth, Kansas, Mr Browne said Sgt Bales told him a roadside bomb blew off the leg of one of his friends two days before the shootings occurred.
The spring air in the small, sand-dusted town has a soft haze to it, and clumps of green-gray sagebrush rustle in the breeze. Bluffdale sits in a bowl-shaped valley in the shadow of Utah’s Wasatch…