Sunday, August 26, 2012
Mrs Merkel's Message to Europe: Screw The People - Forbes
Mrs Merkel's Message to Europe: Screw The People - Forbes ;.. Against that background the Spaniards, for example, managed to create a significant, vibrant and creative economy – perhaps the most creative European economy. But they are dogged by property speculation from the north, and an economy distorted by European policy, as much as they are by their own shortcomings as a young democracy.
Thursday, August 16, 2012
The case against Europe: Doomsayers wail that a euro break-up would trigger Armageddon. That¿s what they said about us leaving the ERM ¿ but it sparked an economic boom! | Mail Online
The case against Europe: Doomsayers wail that a euro break-up would trigger Armageddon. That¿s what they said about us leaving the ERM ¿ but it sparked an economic boom! | Mail Online ;..
How did so many clever people get it so wrong? The flaws in the euro project were visible at the outset. It was never going to be possible to jam widely divergent economies into a single monetary policy.
Yet, in every national parliament, in every central bank, in every university faculty, in every BBC editorial conference, there was a collective suspension of disbelief.
Why? What were supporters of the single currency thinking?
Sometimes I wonder if it wasn’t so much a case of them liking the euro but more that they disliked the people who opposed it. They characterised opponents as xenophobes and Blimps, fogeys and Little Englanders, in contrast to their own image of themselves as progressive, cultured, free-thinkers.
Read more: http://www.dailymail.co.uk/news/article-2188912/The-case-Europe-Doomsayers-wail-euro-break-trigger-Armageddon-That-s-said-leaving-ERM--sparked-economic-boom.html#ixzz23kUA9uVN
How did so many clever people get it so wrong? The flaws in the euro project were visible at the outset. It was never going to be possible to jam widely divergent economies into a single monetary policy.
Yet, in every national parliament, in every central bank, in every university faculty, in every BBC editorial conference, there was a collective suspension of disbelief.
Why? What were supporters of the single currency thinking?
Sometimes I wonder if it wasn’t so much a case of them liking the euro but more that they disliked the people who opposed it. They characterised opponents as xenophobes and Blimps, fogeys and Little Englanders, in contrast to their own image of themselves as progressive, cultured, free-thinkers.
Read more: http://www.dailymail.co.uk/news/article-2188912/The-case-Europe-Doomsayers-wail-euro-break-trigger-Armageddon-That-s-said-leaving-ERM--sparked-economic-boom.html#ixzz23kUA9uVN
Wednesday, August 15, 2012
Standard Chartered Settles Iran Inquiry for $340 Million - NYTimes.com
Standard Chartered Settles Iran Inquiry for $340 Million - NYTimes.com ;..
Published: August 14, 2012
Standard Chartered, the British bank, has agreed to pay New York’s top banking regulator $340 million to settle claims that it laundered hundreds of billions of dollars in tainted money for Iran and lied to regulators.
Shawn Thew/European Pressphoto Agency
Peter Sands, the chief executive of Standard Chartered, flew to New York to negotiate over the weekend with state regulators.
Related in Opinion
Editorial: A Question of Improper Money Flows(August 14, 2012)
The agreement is a victory for Benjamin M. Lawsky and his 10-month old agency, the New York Department of Financial Services, which took on the bank alone in charging that it schemed for nearly a decade with Iran to hide from regulators 60,000 transactions worth $250 billion.
Tuesday, August 14, 2012
French president vows to impose order after rioting hits north of country - World News
French president vows to impose order after rioting hits north of country - World News ;.. Reinforcements were being dispatched to the suburb, parts of which had already classified as a "priority security zone" in need of extra policing. The policy formed part of the Socialists' election campaign pledge on law and order.
The unrest was the first major law and order test for Hollande's ruling Socialists following his May election victory over conservative incumbent Nicolas Sarkozy, whose tough policies on crime and immigration some critics said fanned urban unrest.
Smoldering ruins
During a night of disturbances, rioters set fire to a number of vehicles, in some cases hauling the drivers out of their cars before burning them, mayor Demailly said.
During a night of disturbances, rioters set fire to a number of vehicles, in some cases hauling the drivers out of their cars before burning them, mayor Demailly said.
The riots on Monday night actually began Friday and continued every night since then.
Sunday, August 12, 2012
Wednesday, August 1, 2012
picasaweb.google.com/rayloke1: Gun rights: A Stinger for Antonin | The Economist
picasaweb.google.com/rayloke1: Gun rights: A Stinger for Antonin | The Economist: Gun rights: A Stinger for Antonin | The Economist ;.. READ YOUR RIGHTS, gun rights: the right to defend yourself against the government. ...