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The Economist: Bankruptcies in the euro area will unleash hell on earth
Realize that something bad will happen if in a horror movie someone decides to do a walk through the forest night. The same thing happens in the financial system if a bank chief insists that his institution is completely solid.
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Crisis in the euro area: Angela Merkel called Obama
U.S. President Barack Obama telephoned German Chancellor Angela Merkel Friday to talk to her about the latest developments in the crisis in the euro area, for it represents a significant threat to U.S. economy.
"The President and Chancellor have addressed the issue of preparations for the G20...
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One hundred 'outraged' Japanese cross the center of Tokyo
One hundred demonstrators roamed downtown Saturday to join Japanese protests held worldwide in over 900 cities worldwide against political and financial inequalities, signals Efe.
The rain did not stop the Japanese demonstrators, who included elderly and children. They gathered in Hibiya Park...
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Gianfranco Fini ensure that, in Italy, will be elections in 2012
Government led by Silvio Berlusconi 'will survive' by the end of this year, but will be early elections in March 2012, says president of the Chamber of Deputies of the Italian Parliament, Gianfranco Fini, in an interview published Saturday by the daily La Stampa, after the Italian Government Friday...
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A pimp arrested mentioned DSK as one pf the customers of his 'girls'
Dominique Alderweireld, alias Dodo brine, in Tournai (85 km southwest of Brussels) was heard in a prostitution case involving Carlton Hotel in Lille, where some 'service' would be minor at the time of committing the facts. Among their customers is Dominique Strauss-Kahn mentioned, reports soirmag.be...
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Hundreds of 'outraged' protest in Australia and New Zealand
Hundreds of 'outraged' Saturday showed the main cities in Australia and New Zealand for a 'real democracy' and a 'global change', indicates Efe.
In Sydney, about 200 of 'outraged', including students and unemployed, decided to remain "indefinitely" in Martin Place, told Efe a spokesman of the...
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Russia: The return of Vladimir Putin in the Kremlin is not a 'return to the past', considers Dmitry Medvedev
Russian President Dmitry Medvedev said Saturday that announced the return of Vladimir Putin, now prime minister, the Kremlin in 2012 did not mark a "return to the past ', according to AFP.
Ruling party, United Russia, the Prime Minister Vladimir Putin announced as a candidate in the president...
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Tripoli: 3 dead, 30 injured in clashes between pro and anti-Gaddafi
Fighting between supporters of Libyan leader Muammar Gaddafi removed and the new regime forces were killed Friday and three wounded thirty in Tripoli, according to the National Council of Transition / CNT, resulting in rebellion /.
Al-Aradi Abdelrazak, Vice President of the Security Committee...
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Thailand: 297 dead in floods
At least 297 people died and two are missing following the floods affecting the central and northern Thailand in July, informed official sources quoted by EFE Saturday.
Department of Disaster Prevention reported that the accumulation of water during the monsoon rains has covered 24 provinces,...
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The new governor of the ECB understand them 'outraged', on the planet dissatisfied
President designate of the European Central Bank (ECB), Mario Draghi said Saturday, before the G-20 summit held in Paris, that means 'anger' youth movement are part of 'indignaţilor' and demonstrations against the crisis today around the world, informs agency EFE and France Presse Saturday.
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Barroso announced a plan to solve the debt crisis in the euro area
European Commission President Jose Manuel Barroso outlined Wednesday a plan to end the debt crisis in the euro area, which covers five areas of action and that banks are saved from bankruptcy are required to pay no dividends, BBC informs.
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Global economic prospects have worsened. What to expect.
Organisation for Economic Cooperation and Development (OECD) estimates reduced growth in the U.S. and Japan and warned that central banks around the world must be prepared to relax policies coins if negative trends continue worldwide.
The U.S. economy will grow by 1.1% in the third quarter and 0...
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Number of new unemployment claims unexpectedly raise in the U.S. last week
Number of new unemployment claims rose unexpectedly in the United States last week, the data providing new evidence on the labor market problems just a few hours before U.S. President Barack Obama to support a speech before Congress Reuters.
U.S. stocks main indices were negatively influenced by...
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The 'cool' countrys in the world
Belgium is the country the least 'cool' in the world, while the U.S., Brazil and Spain listed the top three positions as most states 'cool', reveals a survey conducted by social network Badoo, taken from news agency Belga.
The survey was conducted on a sample of 30,000 'Internet users' of 15 cou...
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The rules of succession to the throne of Great Britain will be changed
British Prime Minister David Cameron on Wednesday presented his plans for changing the rules of succession celorlalte15 countries have the Queen as monarch.
PM wants wife to remove the prohibition on Roman Catholics ascending to the throne can and wants to give girls the same right of succession ...
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Europe, again at the feet of Slovakia
After he managed to fire gas crisis in the euro area, Slovakia rekindle the hope of Europe: political opposition announced an agreement to ratification aid for Greece and expanding the Financial Stability Fund.
That after the resignation of Cabinet Radicova. Today will be a new vote in Parliamen...
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America unites and divides Russia and China
China's rise on the world stage to test its strategic partnership with Russia, and the two-day visit to Beijing of Russian Prime Minister Vladimir Putin emphasized this fact. Spinous file of Russian gas supply remained unresolved.
Russian Prime Minister Vladimir Putin visited China two days which...
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Greece, in putrefaction. Suicide and drugs, the national diseases
Debt crisis in Greece has increased the number of suicides and cases of depression, drug use and prostitution, according to a study by the British University of Cambridge.
The number of suicides increased by 17% during 2007-2009 but the Greek Parliament announced unofficial data show a greater ad...
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Asia loses momentum. IMF reduced growth forecasts
International Monetary Fund (IMF) reduced its growth forecasts for Asia Thursday amid concerns about the financial turmoil in Europe and possible U.S. economic slowdown, AP.
According to new estimates, the average growth rate of Asia would fall to 6.3% in 2011 and to 6.7% in 2012. In comparison,...
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Europe of the future must be built with Russia
The leader of the 'National Front' in France, Marine Le Pen, who had outrun most popular including President Nicolas Sarkozy prepares for his first official visit to Russia. In a newspaper interview with Russian Kommersant, Marine Le Pen explains why France should get out of NATO, how Europe...
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Sabotage! Here's what the Greeks invent to escape the new taxes
Greece's new austerity measures, including additional spending cuts and new tax increases do not seem to have much chance of being carried through.
The latest brain wave is an additional charge of government property 4 (on average) to 20 euros / sqm / year, including the electric bill. Failure t...
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Country that can cushion the impact of a possible global crisis
China has the ability to defend global economy risks, and Beijing may take measures to cushion the impact of a possible global crisis triggered by turmoil in Europe and the United States braking growth, an official said Thursday the IMF.
Asia Pacific Director of the IMF, Anoop Singh, also sugges...
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Money for the Greek banks
Greece can not reform the speed necessary to prevent spread of the crisis in the euro area. Meanwhile, in Brussels to discuss the amounts necessary to protect banks and European countries affected by the crisis.
The European Commission will submit proposals in this regard at the meeting of Heads ...
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USA: Pennsylvania state capital is in default
City Council with nearly 50,000 inhabitants ruled Tuesday evening, with four votes for and three against, in favor of launching the process of debt restructuring, under U.S. bankruptcy law.
Thus, the municipality will be protected from creanţierilor and can negotiate with them to reduce debt, e...
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Rolls-Royce shares at a record level after the announcement of a sale of shares in a company
Rolls-Royce shares have reached record levels Thursday after announcing a surprising agreement manufacturer Pratt & Whitney aircraft engines on the sale of equity held by Rolls-Royce Aero Engines in International consortium (IAE) for $ 1.5 billion.
In addition to transaction aimed at IAE, V2500 ...
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French prosecutors dropped the investigation in that DSK was charged with attempted rape.
French prosecutors on Thursday dropped the investigation in which Dominique Strauss-Kahn was charged with attempted rape, reports the BBC.
It was determined that there were "recognizable sexual acts", but in the meantime the facts have been prescribed. French writer Tristan Banon accusing DSK he...
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Slovakia ratified the EU rescue plan
Thursday Slovak Parliament adopted the EU rescue fund growth, which end a crisis that threatens the entire euro area. The measure was adopted with 114 votes for, 20 against and three abstentions.
Slovak government parties in office - which Wednesday lost a confidence vote in parliament - have re...
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Papandreou: Greece discussed with partners in the euro area on debt reduction
Greece discussed with partners in the euro area on reducing the burden of debt, said on Wednesday Greek Prime Minister George Papandreou, adding that he hopes will appear bold solutions to solve the crisis in the EU and G20 meetings.
"We negotiate in every way to reduce that debt. This is the bi...
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ECB: The euro area could back into recession
The euro area could back into recession and the European Central Bank (ECB) will discuss in November on policy rate reduction, officials said Thursday the institution.
Erkki Liikanen, member of the ECB, said however that the bank has already decided to cut key interest rate monetary policy meeti...
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Growing gap between rich and poor in our financial crisis exposes U.S.
Increasing gap between rich and poor Americans reshaping the U.S. economy, which is becoming more vulnerable to financial crises repetitive and less able to generate sustainable development, comments on Bloomberg.
This trend of increasing inequality, left free in the last decades, could condemn W...
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