Last
Updated:
Sunday, February 15, 2009 12:35
GMT European
Economic Collapse: “It May Already be Too Late to Prevent Social
Unrest”
Jon Moulton, the private equity chief, warned a City lunch this week
that he feared serious civil unrest. There was, he said, a 25 per cent
chance of one of the 15 member countries of the eurozone pulling out
of the currency club. That, he said, would be a catastrophic shock leading
to a “far greater financial crisis” than the current one.
Top
US officers probed over Iraq
Senior US military commanders are being investigated over corruption
in a 125-billion-dollar project to reconstruct war-torn Iraq.
Deficit
Nonchalance
Who remembers economists’ hysteria over the “Reagan deficits”?
Wall Street was in panic. Reagan’s fiscal irresponsibility was
bringing the end of the world.
Who
is Pulling Geithner’s Strings? Appearing behind a podium that proclaimed, “Financial Stability
and Recovery,” Treasury Secretary Timothy Geithner on Tuesday
carefully read from a teleprompter and provided what his flack said
was a “comprehensive” plan. It was not comprehensive in
any way.
67
US nuclear computers ‘go missing’
US officials have begun probing into the disappearance of 67 computers
from the country’s nuclear weapons lab in New Mexico’s Los
Alamos.
Des
Forges GRD ‘72, human rights expert, killed in plane crash
Alison Des Forges GRD ‘72, one of the world’s leading
experts on the human rights violations in Rwanda, Burundi and the
Democratic Republic of Congo, was among the passengers killed in
the commuter plane crash outside Buffalo, N.Y., late Thursday. She
was 66 and lived in Buffalo.
Strasbourg
prepares for siege as Anti-NATO forces gather
From April 3 to 5, 40 heads of state and government leaders, including
U.S. President Barack Obama, will come to Strasbourg and Baden-Baden
to celebrate the 60th anniversary of the NATO alliance.
Roots
of the Banking Crisis
Whenever you try to solve a problem you should look at what caused
the problem in the first place. In early 2009, the banking system
is wrestling with hundreds of billions (if not trillions) of dollars
of bad assets, known as subprime loans, marginal loans, or other
vague descriptors.
Suspected
US missile strike kills 27 in Pakistan
A suspected U.S. missile strike by a drone aircraft flattened a
militant hide-out in northwestern Pakistan on Saturday, killing
27 local and foreign insurgents, intelligence officials said.
Hillary
Clinton says ABM system hinges on Iran’s actions
U.S. Secretary of State Hillary Clinton said Tuesday the Obama administration
might reconsider its plans to deploy an ABM system in Eastern Europe
– if Iran agrees to compromise on its nuclear program.
Elevator
Ad (Americans Fired, Foreign Workers Hired)
On February 2, 2009, NumbersUSA and the Coalition for the Future
American Worker launched an ad campaign focusing on the fact that
American businesses continue to import 1.5 million foreign workers
each year when there are more than 11 million unemployed Americans.
