Source/Credit:-Monday, November 21, 2011 Surging population growth and climate change are driving the planet towards episodes of worsening hunger which only an overhaul of the food system will fix, […]
By 1931 the world was in depression. Germany would have been too, with or without its pathological fear of inflation. The Nazis would presumably have made the same electoral gains. But suppose Germany had inflated in 1931, like the U.K. did. The following chart compares the trajectory of the U.K. […]
Source / Courtesy: China Daily MADRID – Mariano Rajoy has been elected as the next prime minister of Spain with a landslide victory in the general election on Sunday. Rajoy’s center-right People’s Party […]
by Urs Geiser, swissinfo.ch A government proposal to introduce joint parental responsibility for divorced couples has been widely welcomed. However, the controversial issue of child support payments has been excluded and will be dealt with next year. It is now up to parliament to discuss the necessary legal amendments as […]
18.11.2011 | Source: Pravda.Ru The world’s largest Quran, the Holy book for all Muslims, has arrived in Kazan. The huge book sized 1.5×2 meters weighs 800 kilos. The book has 632 pages, made from Scottish paper. The cover of the book is encrusted with semiprecious stones, malachite, fianites, jasper, as well as gold and […]
By RFI France. European stockmarkets fell further on Friday over investor fears the financial problems facing Italy and Spain could be spreading to France.The three countries this week faced sharp spikes in borrowing costs in what is seen as a dangerous new phase of the debt crisis. More: http://www.english.rfi.fr/economy/20111118-fears-debt-contagion-spread-french-borrowing-costs-increase
RFI FRANCE. French police have busted an alleged Georgian criminal gang working with an Armenian network to sell goods robbed across the Paris region and south-west France. A huge team of 300 gendarmes rounded up 23 Georgians and Armenians, most of them living in the foothills of the Pyrenees, on […]
source:dawn.com Stronger action is needed to tackle the two-year-old eurozone crisis. Certainly, the formation of technocrat-led unity governments in Italy and Greece is a step forward. But the markets appear unconvinced amid concern that the crisis is spreading from heavily indebted Greece and Italy to Europe`s `core` nations, including Austria, […]
A Zurich church has granted anti-capitalist demonstrators a new site to set up camp after they were cleared by police from the Lindenhof area on Tuesday morning. Demonstrators had been in the area as part of the global Occupy movement which is protesting against the excesses of the financial sector […]
The United Nations has estimated that repairs to its European headquarters in Geneva will cost upwards of SFr618 million ($675 million). A technical study found that the Palais des Nations repairs were urgent as failings posed health and safety risks to delegates, staff, civil society and the tens of thousands […]
Source: Spiegel online After the arrest of a fourth suspect on Sunday, there is speculation that the neo-Nazi group calling itself the National Socialist Underground may have been bigger than initially suspected. According to investigators, Holger G., who apparently helped the group with documents and vehicles, was a well-known member […]
The Wall Street Journal has reported that Russia will be relaxing taxes on flights flying over Siberia. The move should mean that flights out of Europe heading towards Far-East Asia will be at least 10% cheaper. A deal has been in the pipeline for a long time, but it was shelved […]
Source: TOI on line ROME/ATHENS: German Chancellor Angela Merkel said on Monday that Europe could be living through its toughest hour since World War II as new leaders in Italy and Greece rushed to form governments and limit the damage from the euro zone debt crisis. Complete Story:
It’s been darkly amusing watching European leaders continue to increase the size of their “bazooka” over the past two years, only to see the markets return fire, and render it useless. The solution: The ECB needs to declare an interest rate cap for various countries, and tell the market that […]
A dead pig and four pig heads were buried on the site of a future mosque in an anonymous anti-Islam attack, police said. The attackers sent anonymous letters to the media in the region near the mosque site in the town of Grenchen in canton Solothurn. In the letter they […]
By REUTERS ZURICH: Swatch Group SA will cut supplies of watch movements to competitors to force them to invest in their own production and choke off exports to Asia where they may be used to make fake Swiss products, its Chief Executive Nick Hayek said. His comments are the latest […]
There is a 65 percent chance of a banking crisis between November 23-26 following a Greek default and a run on the Italian banking system, according to analysts at Exclusive Analysis, a research firm which focuses on global risks. http://www.cnbc.com/id/45218531
Source / Courtesy: Yahoo News LONDON (AP) — A journalist at Rupert Murdoch’s The Sun tabloid has been arrested on suspicion of police corruption, British media reported Friday, a development that spreads the taint of scandal to the country’s biggest-selling newspaper. U.K. broadcasters and newspapers identified the journalist as award-winning […]
The UK Is Stepping Up Preparations For War With Iran The UK is considering all options after growing increasingly concerned with Iran’s nuclear program, reports the Guardian. Read more: http://www.businessinsider.com/uk-iran-war-2011-11#ixzz1cdxnnOoT