EU tells defiant Iran it "must" suspend atom activity
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| The European Union told Iran on Monday it must suspend uranium enrichment, a few days after the Islamic state ruled out doing just that, as Tehran and the West engaged in diplomatic shadow-boxing ahead of nuclear talks this month. The United States called on Iran to take "urgent practical steps" to build confidence during negotiations with world powers on Tehran's nuclear program, which Washington and its allies suspect is a bid to develop an atomic bomb capability. Iran, attending an international conference in Vienna alongside its Western foes, for its part accused the United States of supporting Israel's atomic activities.... |
Did Obama try to Destroy America, or Cover Up his Failed Economic Record by Starting Class Warfare?
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| Obama began to increase his divide-and-conquer Class Warfare rhetoric as his financial losses began to increase sharply. Obama has had a lifelong, consistent hatred of America, and class warfare was merely a means to his end of Destroying America, in 4 years. Unable to accept responsibility for his financial failures, Obama has consistently blamed men who have demonstrated strong support for the core values of America, such as President George W. Bush, as well as men who have made profits, such as JPM CEO Jamie Dimon. This week Obama blamed America's Founding Fathers for making it difficult for Obama to... |
WARNING: GOP SELLOUT ON TAXES?
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| By Wednesday, November 23rd, the Deficit Reduction Panel has to report on ways to cut the federal deficit by at least $1.2 trillion over ten years. Democrats refuse to support spending cuts unless Republicans agree to tax increases. And there is an increasing chance that the Republican members of the Commission – or at least some of them – will cave in to the Democratic demands. When Obama took office and embarked on his spending spree, he calculated that by raising spending and borrowing the money, he could force Republicans to raise taxes. Higher taxes on the rich is not... |
EU: Water does NOT hydrate
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| EU officials concluded that, following a three-year investigation, there was no evidence to prove the previously undisputed fact. Producers of bottled water are now forbidden by law from making the claim and will face a two-year jail sentence if they defy the edict, which comes into force in the UK next month. Last night, critics claimed the EU was at odds with both science and common sense. Conservative MEP Roger Helmer said: “This is stupidity writ large. “The euro is burning, the EU is falling apart and yet here they are: highly-paid, highly-pensioned officials worrying about the obvious qualities of... |
European stocks plunge on debt concerns
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| NEW YORK (CNNMoney) -- European stocks fell sharply on Monday on renewed fears of a eurozone debt crisis and concerns about the global economy. London's FTSE 100 (UKX) index finished its trading session down 3.2%, while France's CAC 40 (CAC40) dropped 4%. In Germany, the DAX (DAX) shed 5.3%. The move followed more moderate drops in Asia's stock markets. Japan's Nikkei 225 (N225) index finished Monday trading down 1.9%, while Hong Kong's Hang Seng (HSI) index shed 3% for the day. "Europe's faltering management of its crisis is starting to blur the line between a banking crisis and a euro... |
Never Fight a Land War in Asia
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| U.S. Secretary of Defense Robert Gates, speaking at West Point, said last week that “Any future defense secretary who advises the president to again send a big American land army into Asia or into the Middle East or Africa should have his head examined.” In saying this, Gates was repeating a dictum laid down by Douglas MacArthur after the Korean War, who urged the United States to avoid land wars in Asia. Given that the United States has fought four major land wars in Asia since World War II — Korea, Vietnam, Afghanistan and Iraq — none of which had... |
Wealthy Europeans back Warren Buffett's call for higher taxes on the rich
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| Wealthy people across Europe are following in billionaire Warren Buffett's footsteps by calling for higher taxes on the rich. In Germany, a group of 50 people, called "The Wealthy for a Capital Levy," have urged Chancellor Angela Merkel to make people like them pay more in taxes and "stop the gap between rich and poor getting even bigger," The Guardian newspaper reported Tuesday. In France, 16 of the country's wealthiest people, including billionaire L'Oreal heiress Lilliane Bettencourt and oil company Total's chief executive Christophe de Margerie signed a petition calling for wealthy people to make a "special contribution" to the... |
Less educated Americans turning their backs on religion
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| LAS VEGAS — While religious service attendance has decreased for all white Americans since the early 1970s, the rate of decline has been more than twice as high for those without college degrees compared to those who graduated from college, according to new research to be presented at the 106th Annual Meeting of the American Sociological Association. "Our study suggests that the less educated are dropping out of the American religious sector, similarly to the way in which they have dropped out of the American labor market," said lead researcher W. Bradford Wilcox, a professor of sociology at the University... |
Nouriel Roubini warns of Global Recession Risk
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
Roubini Warns of Global Recession Risk Economist Nouriel Roubini says the risk of a global recession is greater than 50 percent, and the next two to three months will reveal the economy's direction. In an interview with WSJ's Simon Constable, Roubini also says he's putting his money in cash. "This is not the time to be in risky assets," he says.
Belgium, France, Italy, Spain Overrule European Regulator, To Impose Standalone Short-Selling Bans
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| Stop the presses. Barely did we have time to report that European regulators failed to impose a coordinated short selling ban, that Bloomberg reports that the countries most impact by the market plunge are about to impose standalone short-selling bans. These are Belgium, Italy, Spain and France. In other words, it really is on and the 2008 Lehman PTSD flashbacks may now resume. Until we get a headline that says it isn't. The rescue of the Borsa Italian is now more schizophrenic than that of Greece. As a reminder, in the previous post the FT quoted Abraham Lioui, a professor... |
Obama Has Nearly Achieved His European Welfare State, But we cannot pay for it
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| The debt-ceiling brouhaha diverts attention from the most fundamental economic issue we face: Do we want a European-style welfare state? If we do, how in the world are we going to pay for it? Presidential candidate Barack Obama called for "hope and change," but he was deliberately vague on the "fundamental change" part. In speeches as president both at home and abroad, he appeared to reject American exceptionalism and intimated we have much to learn from Europe, especially its cradle-to-grave welfare state. Obama's juggernaut passage of universal health care, despite severe budget and employment problems and the loss of his... |
EU: Italy, the last battleground
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| Although Italy’s economic indicators are better than other countries', hedge funds have chosen to attack it because of the country’s huge public debt andThe last battleground stagnant growth. The fall of the eurozone’s third largest economy would deal a fatal blow to the common currency while providing enormous profit opportunities to speculators. At the Milan stock exchange, 11 July 2011 by Maurizio Ricci The Battle of the Euro has truly begun. Edward Altman, analyst for Classis Capital, forecast a month ago already that: “The final battle for the survival of the euro will be held, not in Spain but on... |
Is the British roundabout conquering the US?
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| 'A roundabout revolution is slowly sweeping the US. The land of the car, where the stop sign and traffic light have ruled for decades, has started to embrace the free-flowing British circular. A few moments after entering Carmel, it's clear why the city has been described as the Milton Keynes of the US. As the sat-nav loudly and regularly points out, there's often a roundabout up ahead. But unlike in the English town famous for them, driving into this pretty city on the outskirts of Indianapolis also involves passing several more under construction. The city is at the forefront of... |
Berlin unwilling to accept refugees
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
"Refugees ought not to come to Germany," announces Die Welt. The position that Berlin is expected to adopt when European interior ministers meet to discuss immigration on 11 April is unlikely to be welcomed by Italy which has called for solidarity in the drive to cope with thousands of immigrants who have recently arrived from North Africa. “Italy’s dirty tricks amount to unacceptable blackmail," remarks the conservative daily, which nonetheless acknowledges that "it is inadmissible that Italy and Malta pay the price for changes that are in all of Europe’s interest." For Die Welt, Europe should come together to invest...
China vehicle maker to open plant in Kenya
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| China’s vehicle manufacturer Foton is setting up an assembly plant in Kenya in what is set to heighten the battle between China and Western nations for business in Kenya. The Sh1.2 billion assembly plant is expected to churn out 10,000 units of prime movers, tippers, buses, pick-ups, and light commercial trucks per year, making it one of the biggest foreign direct investments by a Chinese company. Foton said it is setting up the plant to avoid paying a 25 per cent import duty on cars to allow in its low cost products putting it in a head-to-head battle with Japanese... |
European Left Applying Libya Precedent to Israel, Calling for Military Action
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
This could not have been more predictable: The junior partner in the Norwegian government, the Socialist Left Party of Kristin Halvorsen, (Sosialistisk Venstreparti), plans to vote on a measure calling for military action against Israel if it decides to act against the Hamas in Gaza… Here is the less than lucid reasoning behind the motion: The credibility of the world community in its confrontation with the Gadafi regime is undermined when there is no reaction against other states in the region who commit injustices against civil population.
New European Union school calendar omits Christian holidays
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| Strasbourg, France, Jan 14, 2011 / 02:11 pm (CNA).- A 2011-2012 school calendar published by the European Union has omitted Christian holidays, while continuing to note important Jewish and Muslim celebrations. The European Union has printed three million copies of the calendar which will be distributed free-of-charge to students who request them. Former French politician and government minister, Christine Boutin, wrote in her blog Jan. 11 that the calendar leaves out Christianity, “the religion practiced or recognized as forming the cultural assembly of our ‘old’ continent.” Boutin is a consultant for the Pontifical Council for the Family, as well as... |
More than half of European adults overweight: study
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| BRUSSELS (AFP) – More than half of European adults are now overweight and too many children smoke or are obese, raising the risk of cancer or heart attacks, a European health report showed Tuesday. Just over 15 percent of adults in the European Union are obese, a rate that has more than doubled over the past 20 years in most EU states, the study found. The obesity rate ranges from less than 10 percent in Romania and Italy to more than 20 percent in Britain, Ireland and Malta, said the report issued by the European Commission and the Organisation for... |
The European 'dream’ has finally collided with reality
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| The drive towards a European superstate has had its flaws exposed at last, says Christopher Booker. The collapse of the euro: The most obvious place for disintegration to begin was the single currency Twelve years ago, I stood on the plinth of Nelson’s Column in the pouring rain, addressing a crowd of 10,000 people. We had marched through central London in the biggest ever demonstration against Britain joining the euro, a course then being daily urged on us by the BBC, with the aid of such Euro-zealots as Michael Heseltine, Chris Patten, Kenneth Clarke and Sir Leon Brittan. At the... |
'The US Has Lived on Borrowed Money for Too Long'
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| In an interview with SPIEGEL, German Finance Minister Wolfgang Schäuble, 68, criticizes US calls for Germany to reduce exports, outlines his plans for an insolvency framework for indebted European nations and the emphasizes the significance of the German-French axis for Europe... |
European Modeling (A much-maligned region is far more heterogeneous than you might think)
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| France has been convulsed by violent demonstrations against modest pension reforms. Britain is imposing a tough fiscal “austerity” regime to plug a cavernous budget gap. Crisis-torn Greece is struggling to avoid a sovereign-debt default. Ireland, Portugal, and Spain are grappling with their own major-league financial woes. Is it fair to say that the much-ballyhooed European model is crumbling? That depends on which “European model” you’re referring to. Though Western Europe is often lazily portrayed as a monolithic bastion of welfare-state sclerosis, it is in fact robustly heterogeneous. France has a brittle pension system and rigid labor markets, but the Dutch,... |
A View From Europe: An Italian Jurist’s Observations About The New Black Panther Case
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| The controversy surrounding the New Black Panther Party voter intimidation case is disconcerting. The allegations that the Civil Rights Division of the United States Department of Justice (DOJ) is not enforcing civil rights laws in a race-neutral manner is disturbing on several levels - as a European, an Italian, a woman and a judge. The accusations made by two Justice Department attorneys who worked in the Civil Rights Division ... |
NAACP and It's "Usefulness"
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| If I weren't getting so used to the inequity of political correctness, I would be stunned at this: http://www.blackpeoplemeet.com/index.cfm The Fresh Prince happened to be on TV while I was surfing the Internet and of course, the commercials are aimed toward the largest audience for such programming, black people. For a moment my jaw dropped as I watched the commercial that caught my attention as soon as I heard "black people meet" in the background. To be sure, I checked http://www.whitepeoplemeet.com/ and was redirected to a dating site for Generation X'ers that never once mentioned race. I don't know why... |
Planned Mosque Sparks Controversy in Russia
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| The leaders of Moscow's 1.5 million strong Muslim community say they desperately need more places of worship. But a plan to build a new mosque has run into local opposition which is being fuelled by nationalists calling for a "clean Moscow" without Muslims and foreigners. Small trees are supposed to be keeping the Muslims out of Tekstilshchiki, a district in south eastern Moscow. A young man sets to work with his shovel, pushing it into the earth with a determined kick. Then he places a seedling into the hole and sprinkles earth over it. Using her watering can, Maria Sotova... |
Prominent European Islamic Terrorist Renounces Extremism
Tuesday 29th of May 2012 08:15:47 AM
Posted by admin / Under European Fair Trade Association
| A key figure in one of Europe's most infamous Islamic extremist networks has written a public letter renouncing whole swathes of the ideology that led him to try to murder non-believers. On Saturday a Dutch newspaper published what Jason Walters, an imprisoned member of the Netherlands-based "Hofstad Group," calls a "review document." The letter offers a window into the mind of a man who dedicated his life to spreading a militant version of Islam, by force when he deemed it necessary. It joins a small but important list of similar recantations, which have become a tool for counterterrorism officials seeking |
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