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- aig quotes [not story]
“I wish the bonuses were not the concern of the taxpayers. No bailout, no problem,” said Paul Blankenship from Louisiana. ‘They’re not forced to take bonuses. deny Buy Windows Key it & you could be a hero (almost) looking out for taxpayer interests, “didn’t feel right”‘ “I think it is an abomination! However, I do […]
- Is Italy Next?
Despite being put under IMF monitoring, there is no hope for Italy to receive bail-out money. Borrowing rates are soaring in the country, and word from the G20 summit in Cannes is that there is not enough money left to bail out the large Italy economy. Italy is now operating under the watchful eye of […]
- Harper Gets Tough On Drugs; Supreme Court Saves Insite
In the first weeks of Harper’s majority government the Conservative Party of Canada has started to push for it’s tough on crime legislation. The new omnibus bill would institute stricter penalties for possession and trafficking of illiict drugs. Under the proposed bill someone growing more than 201 pot plants in a rental unit would receive […]
- Think Money: ?give attention to retirement planning?
Read about some new research from financial services company, Think Money, about occupational pension schemes.
- Tensions Mount between Egypt and Israel
Tensions have mounted between Egypt and Israel over the deaths of five Egyptian security officers by an Israeli warplane. While Egypt has not announced that it is recalling its ambassador to Israel, the possibility remains despite a rare statement from the Israeli government expressing regret for the incident. (...) Read the rest of Tensions Mount […]
- Google Set to Buy Motorola
Google has made a bid to take over Motorola Mobility for $12.5 billion. The deal needs to be approved by regulatory bodies in the United States, European Union and other areas, as well as by Motorola shareholders. The deal values shares at $40 each. Motorola would be administered as a separate company from Google, and […]
- Venezuela to Move Gold Home, Nationalize Industry
Hugo Chavez, president of Venezuela, has announced that the nation will be nationalizing its gold industry. In the statement he said that it was to crack down on illegal mining. Monitored production is at 11 tons a year, with illegal mining contributing a further 10 to 11 tons of gold, according to Chavez. Over the […]
- Tightening of the European Union
While the economic crisis currently unfolding in Europe could have proved enough to tear the European Union apart, it may become a catalyst of closer ties. European leaders have announced that they are seeking to further their commitment to each other by becoming more closely tied economically. These leaders, such as German Chancellor Angela Merkel […]
- America Downgraded: What Does it Mean?
S & P has announced that they could downgrade the sovereign rating another notch if the United States does not clean up its act. The credit rating agency downgraded the US from AAA to AA+ on Friday August 5th 2011 for the first time in history, and the outlook is bleak. Although it has been […]
- Portugal Marks 10 Year Anniversary of Drug Policy
Countries around the world should be looking to Portugal as a model of effective narcotics control. Ten years after the decriminalization of narcotics took place in the European nation has retaken control of the drug issue. (...) Read the rest of Portugal Marks 10 Year Anniversary of Drug Policy (376 words) Written by lamantea for […]
- America Avoids Default But for How Long?
The United States may have averted imminent crisis today, but the future still does not look bright for the world power. The bill signed on August 2nd raised the debt limit $2.4 trillion dollars, which should be enough to last the country until 2013. It also cut spending $2.1 trillion in the next 10 years. […]
- Wave of War Crime Arrests
This seems to be the year for war crime probes, arrests and trials. From South America to Africa in the last few weeks and months there have been a slew of high profile arrests. gIn Guatemala former general Hector Mario Lopez Fuentes has been charged with ordering the killing of more than 10,000 people of […]
- America?s Fascination with Tea
In the last four years we have witnessed the rise of a faction of the Republican Party dubbed the Tea Party movement. Described as conservative and libertarian the group has quickly risen to control both within the party and in the Republican-controlled House of Representatives. (...) Read the rest of America’s Fascination with Tea (508 […]
- The Countdown is On
The countdown is on until the United States defaults on its national debt. Just 11 days remain before the deadline to raise the debt ceiling for the country. If it is not raised the United States will be forced to default on its $14 trillion deficit on the August 2nd deadline. The issue has arisen […]
- Norway Attacked in Worst Violence Since WWII
Norway has been torn apart as two tragic events occur within hours of each other. A bomb exploded in government buildings in Oslo killing at least seven people, while a shooter at a youth camp opened fire, killing at least 85. 30 more were injured in each attack. The official death toll has risen to […]