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Greek Pitch for Second Bailout Bombs
by Sun TzuFrom Reuters: Reuters image Greek political leaders said they had clinched a deal on economic reforms needed to secure a second EU bailout, but euro zone finance ministers demanded more steps and a parliamentary seal of approval before providing the aid. The EU and the International Monetary Fund are exasperated...
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Economy
9-Feb-12 World View: Greece’s Bailout Talks in Athens Deadlocked for Another Day
This morning’s key headlines from GenerationalDynamics.com.
Greece’s bailout talks in Athens deadlocked for another day
Turkey rules out military intervention in Syria
Tension grows between Egypt and U.S. over arrest of Sam LaHood
Greece’s bailout talks in Athens deadlocked for another day
Greek politicians on Wednesday (right to left): interim prime minister Lucas Papademos, Socialist PASOK leader George Papandreou, conservative [...]
Economy Uptick? Thank The Energy Boom, Not Washington
Move over Jed…
If the U.S. economy seems to be inching slowly toward recovery, the real credit should go to the energy sector. That’s where the new jobs and wealth seem to be coming from. As the Wall Street Journal points out today (subscription required), there are sections of the country that are booming thanks [...]
8-Feb-12 World View — U.S. Begins ‘Scoping Exercise’ For Military Action In Syria
This morning’s key headlines from GenerationalDynamics.com.
Gulf Arab states expel Syria’s ambassadors as Russia visits Damascus
Turkey calls U.N. Syria veto a ‘fiasco’, and plans new initiative
U.S. begins ’scoping exercise’ for military action in Syria
Greece misses another deadline for bailout deal
Greece’s government faces growing strikes from militant unions
Violent left-wing protests increase in America
Suicide rate rising rapidly in [...]
7-Feb-12 World View: Palestinian Authority/Fatah Sign Unity Agreement with Hamas
This morning’s key headlines from GenerationalDynamics.com.
Angela Merkel campaigns for Nicolas Sarkozy
Greece’s parties agree to substantial spending cuts
U.S. closes embassy in Damascus, Syria
Russia, stung by criticism, meets with Assad in Syria
Civil war in Syria?
Palestinian Authority / Fatah sign unity agreement with Hamas
Israel PM Benjamin Netanyahu condemns Palestinian unity plan
On some days there’s no news, and on [...]
Minimum Wage in Southern Africa Results in Apartheid, Blood Diamonds, War
Before Mitt Romney further commits to raising the minimum wage, he should take a trip back in time and across the ocean to witness what it can do to a society. David R. Henderson, “formerly a senior economist on President Reagan’s Council of Economic Advisers,” wrote in Fortune (April 23, 1990):
The orthodox view holds that [...]
Euro Crisis: The Selfishness Of Welfare Economics
The Euro Group has laid down a marker to the Greeks: You need to meet our demands and reform your economy, or you will have to declare bankruptcy. It’s a game of brinksmanship and the deadline appears to be March, at least according to the European press. But missing from the debate is the inherent [...]
6-Feb-12 World View: U.S.-Egypt Crisis Grows as Americans Face Criminal Trials
This morning’s key headlines from GenerationalDynamics.com.
China has the lowest Lunar New Year sales since 2009
Pressure grows on Russia and China after the Syria resolution veto
Newt Gingrich suggests ‘covert’ Syria action
U.S.-Egypt crisis grows as American NGO employees face criminal trials
Another weekend goes by with no deal on Greece bailout
China has the lowest Lunar New Year sales [...]
Should the United Nations Have the Power to Impose Global Taxes?
What’s the worst policy idea that would cause the most damage to society?
I’m tempted to say the value-added tax since our hopes of restraining the federal government will be greatly undermined if we give the buffoons in Washington a new source of revenue. Indeed, this is one of the reasons why Mitt Romney [...]
5-Feb-12 World View: Bitter Recriminations Follow Russia/China Veto of Syria Resolution
This morning’s key headlines from GenerationalDynamics.com.
Hundreds of thousands in Moscow in pro- and anti-Putin rallies
U.S. accepts all of Taliban’s six pre-conditions for talks
Russia and China veto Arab League resolution on Syria
Bitter recriminations follow Russia/China veto of Syria resolution
France plans ‘Friends of Syria’ group
Iraq’s currency trade flourishes, supplying dollars to Iran and Syria
Hundreds of thousands in [...]
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Greek Pitch for Second Bailout Bombs