Posted by seumasach on January 28, 2012
Agnès Bénassy-Quéré
20th January, 2012
With the survival of the euro area at stake, and the reform of the international monetary system no longer a priority of the G20 presidency, it may seem strange to call for an increased international role of the euro. But the flaws of an international monetary system centered on the US dollar are substantial and these flaws are likely to inflate as world economic growth is mainly driven by emerging countries.
Posted in Battle for Europe, Multipolar world | Tagged: global, new global financial system | Leave a Comment »
Posted by seumasach on January 29, 2012
28th January, 2012
DAVOS, Switzerland – The leaders of Denmark and Finland said on Friday that China has showed a willingness to contribute to global efforts to bail out debt-ridden European countries. However, a senior Chinese policy adviser said there should be preconditions.
Posted in Battle for Europe | Tagged: China's IMF role, IMF reform | Leave a Comment »
Posted by seumasach on January 29, 2012
Nikos Xydakis
29th January, 20112
The crisis has taken a toll on our standards of living and created a rift in the social contract. In the political arena, the rift caused by the crisis is in the relationship that has developed between the people and the leadership, or the masses and the elite. This rift is best illustrated by the frequently heard condemnation that the government has lost its legitimacy.
Posted in Battle for Europe | Tagged: Ekathimerini, Nikos Xydakis | Leave a Comment »
Posted by seumasach on January 29, 2012
29th January, 2012
The coalition of left parties in Greece has denounced the European Union’s decision to ban oil imports from Iran as being in line with the US and Israeli warmongering policies in the Middle East.
Posted in Iran | Tagged: eu sanctions iran, IAEA, IAEA iran, Nuclear Non-Proliferation Treaty (NPT) | Leave a Comment »
Posted by seumasach on January 28, 2012
Since every media outlet, “expert”, pundit, political party or current in the country has been telling us day in day out over several years that the Euro is going to collapse, the real news here is the astonishing fact that a third of the British population don’t think it’s going to collapse
27th January, 2012
A total of 68 per cent think the single currency will not survive, according to a survey by Harris Interactive for Metro.
Posted in Battle for Europe | Leave a Comment »
Posted by seumasach on January 28, 2012
Yes, there is an overwhelming case for a wealth tax. But it is necessary to get the figures in perspective: total UK debt is the highest in the world at about 10 times a GDP of over 2 trillion. Most of this is bank debt for which the government is guarantor of last resort. The left’s redistribution programme is not in itself adequate any more than the right’s austerity programme is: the banking sector must be put through bankruptcy.
Michael Meacher
27th January, 2012
One assumption dominates the start of 2012. It will be an extremely grim year as the public starts having to pay down the deficit in real earnest, but they will grudgingly accept the substantial pain involved so long as it is fairly shared. It certainly isn’t, however, and the growing realisation of this could well prove the government’s Achilles heel in this year’s bumpy handling of austerity.
Posted in UK economy | Tagged: bankrupt Britain, wealth tax | Leave a Comment »
Posted by seumasach on January 28, 2012
28th January, 2012
People in the Philippines have gathered in front of the US Embassy in the capital city, Manila, to protest the expansion of military ties with Washington, demanding the withdrawal of American troops.
Posted in Drive to Global War | Tagged: Asia first, bring the troops home!, New Nationalist Alliance (Bayan), Philippines, us bases philippines | Leave a Comment »
Posted by seumasach on January 28, 2012
PRESS RELEASE RELEASED BY UNIVERSITY OF ATHENS TEAM
Athens, Greece. January 21, 2012. The research group of Professor Lukas Margaritis (Faculty of Biology, University of Athens and the Biomedical Research Foundation of the Academy of Athens), within the framework of the activities seeking for the truth underlining the possible effects of daily life electromagnetic fields, has performed this study as part of the Doctorate Dissertation of Adamantia F. Fragopoulou.
Posted in Studies and statements showing mobile phone health risk | Tagged: EM radiation health hazard, Professor Lukas Margaritis | Leave a Comment »
Posted by seumasach on January 28, 2012
25th January, 2012
THEY have long feared that a mobile phone mast has been causing cancer in their village.
Now the residents of Benajarafe have scored a massive victory by having it removed.
Posted in Ecological and Public Health Crisis | Tagged: Benajarafe, EM radiation health hazard | Leave a Comment »
Posted by seumasach on January 27, 2012
27th January, 2012
kingworldnews.com
John Williams, of Shadowstats, just issued the following warning and King World News wanted to pass it along to our global readers: “The U.S. economic and systemic-solvency crises of the last five years continue to deteriorate. Yet they remain just the precursors to the coming Great Collapse: a hyperinflationary great depression. The unfolding circumstance will encompass a complete loss in the purchasing power of the U.S. dollar; a collapse in the normal stream of U.S. commercial and economic activity; a collapse in the U.S. financial system, as we know it; and a likely realignment of the U.S. political environment.”
Posted in Financial crisis | Tagged: dollar collapse, End of empire, failing banks, financial collapse, QE3 | Leave a Comment »
Posted by seumasach on January 27, 2012
26th January, 2012
The central bank of the United States believes that America is still a ways from economic recovery, which could soon prompt the Federal Reserve to announce a new round of quantitative easing, or QE3.
Posted in Currency Wars, Financial crisis | Tagged: QE3 | Leave a Comment »
