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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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Tag Archives: European Union
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 [...]
23-Jan-12 World View — Report: Israel Will Attack Iran Without U.S. Permission
This morning’s key headlines from GenerationalDynamics.com.
Welcome to the Year of the Dragon!
Yemen’s president Saleh comes to U.S. for medical treatment
Arab League tells Syrian president Bashad to step down
China’s Octomom gives birth to national scandal
Greece’s bailout talks remain deadlocked
Croatia votes to join the European Union in 2013
Report: Israel will attack Iran without U.S. permission
Welcome to the [...]
18-Jan-12 World View: Turkey Issues Nationwide Terrorist Alert from Iran’s Revolutionary Guard
This morning’s key headlines from GenerationalDynamics.com.
Dramatic confrontation builds between EU and Hungary
Report: Greece is nearing a deal with a 68% haircut for investors
Turkey issues nationwide terrorist alert from Iran’s Revolutionary Guard
Indonesia will use concrete balls to keep people of train roofs
China and India set up a PR ‘working mechanism’ on border management
Dramatic confrontation builds between [...]
Europe Today: Merkel The Mistress, Sarkozy The Butler
There’s a new hit on Youtube that tells you more about the mood in Europe than anything you can read in the newspaper or read online. It’s a German video clip (below) which is a spoof of a 1963 comedy sketch “Dinner for One.” A German satirist has digitally placed the head of German Chancellor [...]
Enforcing Existing Sanctions on the Central Bank of Iran
In recent years, the United States has imposed a punishing sanctions regime on Iran’s banking sector. To further increase Tehran’s level of financial pain, a great number of Congressional and advocacy groups have repeatedly called on the White House to blacklist the Central Bank of Iran (CBI). Doing so, the thinking goes, would seriously hamper [...]
Eurocrisis: Invite Great Britain To Join NAFTA
Great Britain is fighting hard for its place in an increasingly troublesome European Union (EU) by standing for sovereignty and national independence. How to fix it? Economist Clyde Prestowitz makes this brilliant proposal in Foreign Policy: invite the Brits to join the North American Free Trade Area (NAFTA. This would make sense on so many [...]
Markets, Credit Ratings Agencies Show Little Confidence in New Eurozone Deal
PARIS (AP) – Enthusiasm for riskier assets such as stocks and the euro faded Monday as investors worried that Europe’s new pact aimed at fixing the continent’s debt crisis would be insufficient.
Markets had rallied on Friday, when the European Union adopted a new fiscal pact meant to prevent a repeat of the financial fiasco [...]
Central Banks Rush to Rescue Euro With Cheap Dollars; China Eases Reserve Requirements
In a bid to save the European Union economic zone from a credit crisis resulting from worries about government debt, central banks around the world–including the U.S. Federal Reserve–have made borrowing dollars cheaper for European banks.
Euro: is the bling back? (Image: Steven Goedhart & Kristin Berckmans)
China was also involved in the rescue effort, lowering capital [...]
3-Nov-11 World View — Fallout Spreads From Greece’s Call For Referendum
This morning’s key headlines from GenerationalDynamics.com.
* Israel approves 2,300 new settlements as punishment for Palestinian Authority
* Israel receives harsh international criticism for settlement approval
* Israel’s Netanyahu says that the settlements are a ‘basic right’
* Syria claims to have accepted an Arab League peace plan
* New Gaza flotilla expected tomorrow
* IMF will hold back Greece’s bailout [...]
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Greek Pitch for Second Bailout Bombs