GEAB N°78 is available! The de-Americanisation of the world
has begun – emergence of solutions for a multipolar world by 2015
It’s one of those times when history accelerates. Whatever
the outcome of the negotiations on the shutdown and debt ceiling, October 2013
is one of them. It’s the deadlock too far which has opened the eyes of those
who still support the United States. A leader is followed when he is believed,
not when he is ridiculous...
Commentary: U.S. fiscal failure warrants a de-Americanized
world
As U.S. politicians of both political parties are still
shuffling back and forth between the White House and the Capitol Hill without
striking a viable deal to bring normality to the body politic they brag about,
it is perhaps a good time for the befuddled world to start considering building
a de-Americanized world...
Europe, China agree currency deal
Europe and China have agreed a currency swap deal to boost
trade and investment between the regions. Under the terms of the deal between
the European Central Bank and the People's Bank of China, the swap facility
could total as much as 350 billion yuan and €45 billion...
Fitch menace de dégrader le «?AAA?» américain
L’agence de notation Fitch envisage d’abaisser la note de la
dette des Etats-Unis, actuellement la meilleure possible à AAA. Mardi soir,
elle a placé la dette souveraine à long terme des Etats-Unis sous
«?surveillance négative?», mettant en cause l’incapacité des autorités à
relever le plafond de la dette, « alors que le Trésor va bientôt épuiser ses
mesures extraordinaires »...
Euro-zone industrial output rebounds in August
Output by factories and energy facilities in the euro zone
rebounded in August after a steep fall in July, the latest illustration of the
fragile and volatile recovery the region's economy is undergoing after a long
downturn...
Brazil to host global internet summit in ongoing fight
against NSA surveillance
Brazilian leaders have announced they plan to host an
international conference on internet governance next year, a declaration that
comes after the nation has lobbied without success to change NSA policies used
by the US to monitor Brazil...
US banks no longer 'too big to fail', says Tucker
America's biggest banks are now in a position to go bust
without state intervention, the Bank of England's deputy governor
declares...
Utah families on food stamps could be cut off soon
“People out here are going to go without food,” says Loralee
Smith whose been homeless since August and says the uncertainty is making her
uneasy about where her next meal will come from. “I’m on food stamps, I don’t
know if I’m going to get them, a lot of people are on food stamps and they
don’t know if they’re going to get them.”...
A New York, la Fed en plein conflit d'intérêt avec Goldman
Sachs
Pendant deux ans, une inspectrice de la branche new-yorkaise
de la Réserve fédérale (Fed) s'est inquiétée de ce que Goldman Sachs n'a pas
les procédures adéquates pour se prémunir contre les conflits d'intérêts et a
alerté son institution pour qu'elle prenne des mesures et vote la baisse d'une
note confidentielle que la Fed attribue à la banque d'affaires
américaine...
Russia halts dairy imports from EU president Lithuania
Russia on Monday halted all dairy imports from Lithuania in
a trade row over the tiny Baltic state's bid to draw ex-Soviet nations such as
Ukraine closer to the European Union...
The government shutdown (streaming coverage)
Follow the latest news on the government shutdown, with
stories, blogs, tweets, videos and more...
African Infrastructure Boom to Boost Syndicated-Loan
Growth
Sub-Saharan Africa’s infrastructure boom will probably draw
increased interest from investment banks and commercial lenders, underpinning
growth in syndicated loans, the Loan Market Association said...
Exclusive: Red Cross launches emergency food aid plan for
UK’s hungry
The Red Cross will this winter start collecting and
distributing food aid to the needy in Britain for the first time since the
Second World War, as welfare cuts and the economic downturn send soaring
numbers of people to soup kitchens and food banks...
Insight: How Credit Suisse underwent painful bond surgery
-and survived
In spring 2009, senior Credit Suisse executive Gaël de
Boissard told colleagues at a strategy meeting that as the bank reshaped its
bond trading business, they needed to remember the five stages of grief
outlined decades ago by psychiatrist Elisabeth Kübler-Ross...
Puerto Rico's debt woes hit muni bond funds
Like states, Puerto Rico, a U.S. territory, can't file for
bankruptcy. But it has some $70 billion in tax-free municipal bonds
outstanding, far more than Detroit's $18 billion, currently the largest
municipal bankruptcy on record...
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This special Press Review reviews articles from the French
and Engligh-speaking international online media relating to the unfolding
global crisis.
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