The Closer
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ROUND UP US stocks stumbled in low-volume trading. The S&P 500 fell 0.23 per cent after the third month in a row of weak retail sales data (Reuters).Citigroup posted second-quarter...
Croatia: 2.8 Million “Inappropriate” Books “Purged” During the 1990s
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In “Libricide,” Ante Lešaja has documented the process of “purging” of “unsuitable” books from Croatian schools and public libraries by the right-wing HDZ government in the 1990s. According to a Jutarnji List inte...
Aid shortfall threatens refugees in Dadaab
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Housing nearly half a million people, the Dadaab refugee camp in Kenya been a growing haven for those fleeing drought, famine and chaos in neighboring Somalia, albeit one with problems of its own. This past week, aid agencies reported that funds ne...
Nazi war criminal László Csatáry must be brought to justice
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The Simon Wiesenthal Centre confirmed that László Csatáry, accused of complicity in the killings of 15,700 Jews, had been tracked down to the Hungarian capital. Question: Is it still important to track down people like Csatáry, and why? Answer...
US Dollar Rallies To Two Year High As Failure Of Neoliberal Finance Drives Euro And Stocks Lower …. Bible Prophecy Foretells That A Revived Roman Empire Will Arise Out Of Global Credit And Financial Collapse Where A Powerful European King And Banker Will
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Financial Market Report for the week ending Friday July 13, 2012; this is the fifteenth week of entry into the Second Great Depression; 1) … This week the US Dollar, $USD, UUP, rallied, and then retreated, from a two year high on Thursday July 12,...
Le monde court et l’Europe piétine
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Le président du Conseil européen a été invité le 29 juin à élaborer, en collaboration étroite avec les présidents de la Commission, de l’Eurogroupe et de la BCE, une feuille de route spécifique et assortie d’échéances précise...
Das Europa mit seinem deutschen Verfassungsgericht
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Eile mit Weile. Nach dieser Lebensweisheit wollen Deutschlands höchste Richter verfahren, wenn sie in den nächsten Wochen den “Eilantrag” zur Verfassungsmäßigkeit von Euro-Rettungsschirm ESM und Fiskalpakt (Schuldenbremse) prüfen. Si...
Gerhard Schröder - by far the worst German political leader after World War II
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The "flawless" democrat together with his German friend and promoter.It is now quite obvious that Gerhard Schröder, former chancellor, has been - and, regrettably to a degree still is - the by far worst leader Germany has had since the end of World...
Piris (4)
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I finally got around to reading Jean-Claude Piris’ The Future of Europe, the book that was the basis for his lecture here in Florence in April. While I still don’t agree with his policy recommendation – a new Schengen-like treaty th...
World Faces Weak Economic Recovery
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The global recovery continues, but the recovery is weak; indeed a bit weaker than we forecast in April, says IMF Chief Economist Olivier Blanchard. In the Euro zone, growth is close to zero, reflecting positive but low growth in the core countries,...
Breaking Language Barrier Through Conference Translation
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There is a positive effect of relationship between nations. Despite many areas of discord, a number of them chaotic, the overall feeling among countries is to reside peacefully as well as extend cooperation to one another with regard to mutual advant...
Spain’s banks are IM-F’d
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Click through the chart confirming what we all knew for the latest IMF Global Financial Stability Report, released this morning…Or if you’re just in the mood for a quick highlight,...
Monday miscellany
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The IPKat thanks his fashionable friend Mary-Ellen Field for letting him know what's afoot -- particularly if the foot concerned is boasting Louboutin red soles. Mary-Ellen found him this link to an article in The Independent that reports the scandal...
Bad news for Italy and Spain from the IMF
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The IMF released a few new reports on the global economy today and a raft of new data. There is plenty of interesting stuff in there which we are still pouring over, but a couple of graphs caught our eye straightaway.First up is a graph from the IMF'...
“Lower lows ahead”
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That’s the title of a Barclays note predicting that yields on the US 10-year will hit 1.25 per cent in Q3. (At pixel time they’re at 1.45 per cent.)The rationale...
Hayek v. Polanyi in the European Union
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A somewhat different take on matters Hayekian – Martin Höpner and Armin Schäfer’s article on Hayek and the EU has just come out in International Organization. It’s been in gestation for a while (an earlier working paper ve...
Big brother is listening
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POLAND holds a dubious honour: the central European giant is Europe's leader in cell phone surveillance. In 2011, Polish authorities made 1,856,888 requests for information from billing records - who called who when, for how long, etc. That was nearl...
GailForce: Afghanistan/ Iraq Lessons Learned
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Been off the blogosphere for the last month because of a project I was working on. Thought I’d get back into the saddle by looking into the latest on Afghanistan. On July 10th in response to a reporter’s question, Pentagon Press Secretary Geo...
BM diary Monday 16 July 2012 - The Gravylust
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I roused from my fitful slumber at around two AM. The den was strewn with empty canisters of Bisto. My mouth and nose were dry and and I caught the unmistakable whiff of meat-effect extract. The powdery addiction was slaking my thirst for real gra...
EP urges development education
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Following several months of campaigning by CONCORD and DEEEP (the latter being a programme initiated by the Development Awareness Raising and Education Forum of CONCORD), the European Parliament (EP) has adopted a written declaration on development e...
DDCA molecule prompts entry restrictions for Dominican bananas
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According to Freshplaza, two supermarkets in Germany recently restricted the entry of bananas from the Dominican Republic after finding DDAC molecules in the skin of the fruit, which is not allowed in organic bananas. After some investigation, it w...
I agree with The Telegraph?!
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http://www.telegraph.co.uk/news/worldnews/europe/eu/9389279/Britain-should-pick-and-mix-over-Europe-instead-of-apeing-Norway.html The Telegraph, for non-UK readers, is a strongly conservative, right wing, eurosceptic paper. The article was written by...
The EESC will push for Rio Conference results at EU level
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According to recent updates by the European Economic and Social Committee (EESC), Staffan Nilsson, the EESC president, is committed to working towards the implementation of the Rio+20 conference results at EU level, taking care at all times to giv...
European car industry struggling to stay competitive
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In 2012, new car registrations are expected to decrease by 7 per cent and vehicle sales are set to drop from 13.1 million to 12.2 million - a record low since 1995 – warns Ivan Hodac...
