GLOBAL SYSTEMIC CRISIS News from GEAB

GLOBAL SYSTEMIC CRISIS News from GEAB


GEAB N°72 is available! Second half of 2013: The reality or the anticipation of the Dollar collapse obliges the world to reorganize on new fundamentals
Just as the Euro crisis pushed Europe to modernize and adapt its economic and financial governance to the challenges of the 21st century, the terrible US dollar crisis will oblige the world to transform the whole of world governance structures, beginning of course with the international monetary system to calm the storm which is on the point of striking currencies.
LEAP/E2020 - Public announcement GEAB N°72 (Feb. 16, 2013) -
 
Sterling is no longer a safe haven
Sterling's days as a safe haven currency are over for now. Hedge funds are selling more pounds than they are buying for the first time in five months. The speculators are heading for the exit...
The Guardian
 
Pentagon Budget Stuck in Last Century as Warfare Changes
The Obama administration foresees 21st century wars fought with fewer boots on the ground and more drones in the air, while the Pentagon continues buying weapons from the last century...
Bloomberg
 
UK - Child Poverty: One In Five Below Threshold
One in five British children live below the poverty line - with almost half under the threshold in some areas, according to new research...
SkyNews
 
G20 currency truce shortlived as Japan mulls foreign bond buys
Japan’s premier has left the door open for outright purchases of foreign bonds to weaken the yen, a move that would risk a serious clash with the US and Europe and a fresh escalation in global currency tensions...
The Telegraph
 
King, Fisher, Miles Defeated in QE Push as BOE Debate Widens
Bank of England Governor Mervyn King was defeated in a push for more stimulus this month as officials considered options including a rate cut and expanding the range of assets purchased as possible ways to help the economy.
Bloomberg
 
Bulgarian government resigns amid protests over high electricity costs
The prime minister, Boiko Borisov, had tried to calm protests by sacking his finance minister, pledging to cut power prices and punish foreign-owned companies but the moves failed to defuse discontent and demonstrations continued on Tuesday...
The Guardian
 
Crédit Agricole touche le fond avec une perte de 6,17 milliards
Crédit Agricole a enregistré en 2012 une perte nette record de 6,17 milliards d'euros, accrue par une pluie d'éléments exceptionnels. La banque avait prévenu qu'elle profiterait de cette année noire pour faire un grand nettoyage de ses comptes...
L'Express
 
Nation-States, Europe, Regions and …. Macro-Regions: A look into regional integration as a structure of Euroland governance
Last summer (29.6.2012) the leaders of the alpine regions met in Bad Ragaz, Switzerland. In a way this was one of many similar meetings, but it was exceptional, because the number of participating regions had increased, among the participants there were representatives of the Italian Lega Nord and because of this the meeting received some attention in the European press.
Europe2020
 
Israel’s Livni joins coalition, to head peace process
Israeli Prime Minister Benjamin Netanyahu announced Tuesday a coalition deal with long time rival Tzipi Livni in his first move to form a new government. Former foreign minister Livni is also tasked with renewing diplomacy with the Palestinians.
France 24
 
Explosion du déficit budgétaire de l'Alberta
Une chute draconiesdfanne de ses revenus entraîne le gouvernement de l'Alberta dans une explosion de son déficit budgétaire, qui pourrait quadrupler en un an à peine...
98,5 fm
 
State Sen. Bob Mensch: Pa. faces public pension crisis
More than five years after the sub-prime mortgage collapse, state and local governments and school districts across Pennsylvania continue to struggle with the impacts of the economic crisis. While revenues are slowly improving, the reverberations of the economic crisis are about to hit state and local governments again, this time in the form of the state’s public pension crisis.
The Mercury
 
Cameron on India trade trip as graft scandal erupts
British Prime Minister David Cameron flew into India on Monday promising to try to revive Indian interest in the Eurofighter even though New Delhi has chosen a French-made rival and as a graft scandal is engulfing an Anglo-Italian helicopter deal...
Reuters
 
APNewsBreak: Report casts doubt on US missile shield in Europe protecting America
Secret Defense Department studies cast doubt on whether a multibillion-dollar missile defense system planned for Europe can ever protect the U.S. from Iranian missiles as intended, congressional investigators say...
Washington Post
 
China to introduce carbon tax
China will proactively introduce a set of new taxation policies designed to preserve the environment, including a tax on carbon dioxide emissions, according to a senior official with the Ministry of Finance (MOF).
China Daily