EU ( European Union)

EURO DREAM THREATENS TO BECOME NIGHTMARE

IrishTimes.com DAN O’BRIEN Sat, Aug 06, 2011 ANALYSIS: LAST WEEKEND the world’s attention was on Washington DC as America’s politicians peered into the abyss of sovereign default. On Sunday they stepped back. This weekend attention is on Rome and Madrid. Politicians in those two capitals are sliding towards the same abyss. But there is a […]

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GLOBAL SELLOFF – AUGUST 4, 2011

AUGUST 5, 2011 Stocks Nose-Dive Amid Global Fears Weak Outlook, Government Debt Worries Drive Dow’s Biggest Point Drop Since ’08 By TOM LAURICELLA Stocks spiraled downward Thursday as investors buckled under the strain of the global economic slowdown and the failure of policy makers to stabilize financial markets. The selling began in Europe and continued

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EUROPEAN COUNTRIES – TAX AND SPEND

Neil Reynolds With government spending, virtue hath its own rewards NEIL REYNOLDS | Columnist profile | E-mail From Monday’s Globe and Mail Published Monday, Jul. 25, 2011 2:00AM EDT In 1900, the governments of the world’s most advanced economies taxed and spent, on average, 10 per cent of respective GDP each year. By 2000, they

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THE STRESS EUROPE WON’T TEST

JULY 18, 2011 Regulators don’t want to reveal how vulnerable banks are to a sovereign default. Almost every bank in Europe passed the latest round of stress tests, according to results released Friday night by the European Banking Authority. A lot of good that news did. Stock prices came under pressure around the world on

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FOR WHOM THE GREEK BELL TOLLS – STEVE FORBES

FORBES by Steve Forbes Fact and Comment For Whom The Greek Bell Tolls 07.18.11 Given its rich mercantile heritage in the Mediterranean, Greece should be the Hong Kong/Singapore/ Switzerland of the Balkans. Its emigrants and their descendants have been huge business successes in the U.S., Australia, New Zealand, Canada and elsewhere. Yet Greece is bankrupt,

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THE MOST IMPORTANT ISSUE OF 2012? THE NEW WORLD DISORDER

THE DAILY CALLER By James Poulos James Poulos is the host of The Bottom Line and Reform School on PJTV. A doctoral candidate in Government at Georgetown University, he holds degrees from Duke and USC Law. His writing has appeared in The American Conservative, The Boston Globe, Cato Unbound, The National Interest, and The Weekly

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ELITES GONE BAD

Published on The Weekly Standard (http://www.weeklystandard.com) What America needs is a better class of left-winger. David Gelernter June 13, 2011, Vol. 16, No. 37 EXCERPT FROM THIS ARTICLE: The outrage of the left can turn into nihilism, meanness, hatred; and has. We know all about what Obamacrats don’t like. It’s time for them to ask

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EUROPE’S GREEK STRESS TEST

JUNE 17, 2011 The longer banks hold rotten paper, the likelier a second financial crisis becomes. By John H. Cochrane And Anil Kashyap Greek debt is in trouble—again. After a month of dickering, it seems likely that the International Monetary Fund and the European Union will agree to roll over Greece’s debt so bondholders will

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EUROPE IS WARNING US – VICTOR DAVIS HANSON

INVESTORS’ BUSINESS DAILY June 9, 2011 Europe Is Warning Us By Victor Davis Hanson ROME — If Americans think fuel and food prices are high, they should try Europe, where both can nearly double those in the United States — while salaries here are often lower. Italians, like most now-broke Southern European countries, are desperate

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CHINESE COMPANIES EMBARK ON SHOPPING SPREE IN EUROPE

JUNE 6, 2011 By JOHN W. MILLER Getty ImagesLi Shufu, chairman of China’s Geely, which bought Volvo cars from Ford, seen at Tiananmen Square in March. EXCERPT FROM THIS ARTICLE: Experts are predicting a surge of overseas takeovers by Chinese companies over the next decade. A five-year plan Beijing approved in March calls for establishing

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