Next,
clearly oil plays a vital role in the whole of this story. When, in January
2006, the first GEAB issue anticipated the fall of the Dollar wall, the
comparison was made between the Berlin Wall and the Iron Curtain which made it
possible for the Soviet system to hold up for so long and the Dollar Wall which
protects America. But this Dollar Wall itself is founded on oil, this so
strategic raw material which oblige(s) (ed) the planet to resort to the US
Dollar to get it. As long as oil is still paid for in US Dollars, the demand
which it creates ensures the currency’s domination...
The Saudi
regime fears that any kind of empowerment of the Shi'ites - anywhere - could
embolden the 15 percent of Saudi Arabia's population that is Shi'ite - and
happens to live in the part of the country where most of its oil reserves can
be found. That's why the Saudis sent troops into neighboring Bahrain in the
Arab Spring of 2011, to crush the Shi'ite majority's uprising...
This is the
first time a foreign government has issued offshore yuan bonds. Mike de Jong,
finance minister of Canada's westernmost province, said officials had intended
to raise only 500 million yuan but the bonds were largely oversubscribed...
Although
there are more jobs than ever before, unemployment continues to rise in
Germany. Many long-term unemployed are looking for work again, but their lack
of qualifications means they hardly stand a chance in a highly specialized
industrial society...
Iain Duncan
Smith's flagship benefit reform has been severely criticised by MPs for
failures that are expected to waste at least £140m of public money...
Why
Obamacare site fixes may not be finished by end of November
The Obama
administration is saying it plans to have the troubled HealthCare.gov website
fixed by the end of November, but there are a number of things standing in the
way of that schedule...
Brent Crude Traders Claim Proof BFOE Boys Rigged Market
Four longtime traders in the global oil market claim in a
lawsuit that the prices for buying and selling crude are fixed -- and that they
can prove it...
Tide Thefts, Cargo Hijacking And Cattle Rustling: Why Is An
Epidemic Of Thievery Sweeping America?
Desperate people do desperate things, and it appears that
Americans are rapidly becoming a lot more desperate. An epidemic of thievery is
sweeping across America, and authorities are not quite sure what to make of
it...
Afrique: La Force africaine d'intervention rapide
opérationnelle avant la fin 2013 ?
Une Force africaine d'intervention rapide pour régler les
conflits sur le continent pourrait voir le jour d'ici la fin de l'année 2013.
Une déclaration faite par le président sud-africain Jacob Zuma lors d'une
réunion de chefs d'Etat à Pretoria, le 5 novembre...
Exclusive: EU to fine Deutsche, JPMorgan and others in rate
probe - source
EU antitrust regulators are set to fine six global banks
including Deutsche Bank , JPMorgan and HSBC for suspected rigging of benchmark
euro zone interest rates, a person familiar with the matter said on Tuesday...
Taxe Tobin : l’Allemagne double la France par la gauche
Comme on le sait, la CDU/CSU d’Angela Merkel n’a pas la
majorité absolue au Parlement et doit discuter avec le SPD. Or, celui-ci a
exigé, entre autres, que l’Allemagne se montre plus audacieuse dans la mise en
place de la « Tobin tax »...
Here's The Chart Of The US Infrastructure Spending Collapse
That Everyone Is Talking About
The key thing, as Yves notes, is that the chart includes
state and local infrastructure spending, which explains why they were was such
a furious collapse right after the bust, as state and local governments
furiously slashed spending...
As Cuts to Food Stamps Take Effect, More Trims to Benefits
Are Expected
The so-called food stamp cliff “may be more of a sidewalk
curb,” Mr. Feroli wrote in an email. “The bigger cliff, which I’m surprised
people aren’t talking about, is emergency unemployment benefits Jan. 1.”...
America’s new hunger crisis
Food activists expect a “Hunger Cliff” on November 1, when
automatic cuts to food stamp benefits will send a deluge of new hungry people
to places like the River Fund Food Pantry, which are already strained...
Le Roman noir de l'écotaxe
Un contrat léonin souscrit au détriment des intérêts de
l’État, des soupçons de favoritisme et de corruption, la menace d'un montant
faramineux de 800 millions d'euros à verser en cas d'annulation, une taxe qui
ne répond pas aux objectifs de fiscalité écologique... La mise en place de
l’écotaxe en France tourne au scandale d’État...
......................................................
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