GEAB N°88 is available! Global systemic crisis – 2015: The world is defecting to the East
Two important facts emerge from the past four weeks’ news. First, China is becoming the world’s largest economic power, officially overtaking the US, based on GDP measured in purchasing power terms (IMF figures) of $17.61 trillion (compared to $17.4 trillion for the US). If the official media hasn’t raised the slightest eyebrow to this information, our team believes that it’s an historic event: the US is no longer the world’s largest economic power and, inevitably, that changes everything !...
Asia and Europe meet in Milan
ASEM, the Asia-Europe Meeting, has been taking place for the past 18 years, but it has rarely been in the spotlight. Concrete decisions are rare. Ukraine is one of many issues set to be discussed on the sidelines.
Recession in Russia, revolt in Venezuela? The knock-on effects of tumbling oil prices
Sudden slump in price of crude – now at its lowest for four years – sends tremors through capitals of the world’s great oil powers. A look at the economic and geopolitical implications of $80 oil
Liquidity nightmare blamed for crazy market moves
The issue, Hunsader said, is that high-frequency trading creates the appearance of liquidity. He gives the example of a trader who wants to buy 10,000 shares of a stock...
EU, China agree to step up cooperation against terrorism
Leaders from China and the European Union agreed to step up cooperation to counter extremism and terrorism in the Middle East and Africa, the EU said on Thursday...
Le mirage de la relance américaine: une reprise inégale, financée avec de la dette
Récemment, le Wall Street Journal a noté que la pire récession que les Etats Unis aient connue depuis la Grande Dépression avait pris fin en 2009, mais que la reprise avait été lente...
Saudi Shia leader sentenced to death for role in anti-govt protests
rosecutors had asked for al-Nimr – who had been dubbed “mentally unstable” by a government minister – to be executed by crucifixion, which involves a beheading, followed by a public display of the body...
China contributes greatly to global food security
As the most populous country in the world, China has successfully delivered millions of people from hunger and is helping other countries achieve food security.
Brazil: Marina Silva Endorses Challenger Neves in Run-Off Vote
Marina Silva, the candidate that once surged in the polls but finished in a disappointing third place in the presidential election, has complicated incumbent Dilma Rousseff’s chances in the run-off vote after she threw her influential support behind challenger Aécio Neves.
Americans face post-foreclosure hell as wages garnished, assets seized
Many thousands of Americans who lost their homes in the housing bust, but have since begun to rebuild their finances, are suddenly facing a new foreclosure nightmare: debt collectors are chasing them down for the money they still owe by freezing their bank accounts, garnishing their wages and seizing their assets...
Londres, le paradis perdu des «?expats?» des banques françaises
La banque de grande clientèle de BPCE avait prévu l’an dernier de transférer à Londres un quart des équipes de son activité de taux, sur la base du volontariat, pour faire face au développement de la base de clientèle à Londres. Mais ce projet semble désormais hypothéqué...
Why China-Russia ties are heating up
China Premier Li Keqiang's trip to Moscow is expected to net as many as 50 trade deals, as sanctions spur Russia to accelerate its growing ties with the mainland...
Ebola Flew to Dallas as Budgets to Fight Disease Waned
The loss of tens of thousands of public-health jobs and smaller research budgets for infectious disease is leaving the U.S. susceptible to an emerging tide of deadly and dangerous pathogens...
UK retail sales plummet to financial crisis lows
U.K. retail sales fell to the lowest levels last month since December 2008, as food sales continued to decline and clothing and footwear sales hit record lows, according to widely followed report...
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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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