domingo, 30 de noviembre de 2014

2014/11/27 LEAP/E2020 Press Review on the Global Systemic Crisis

The oil industry crisis (Excerpt GEAB 89)
The current fall in oil prices squarely caused by this strategy of despair is in the process of smashing the oil/gas industry. The Ukrainian crisis, far from allowing the West to get its hands on Russia, is in the process of forcing it to rethink its dependence on Europe as a customer for its gas. All these radical changes in oil geopolitics are both the cause and consequence of a crisis that is often ignored: that of the oil industry. One thought it had been saved thanks to shale oil; it will lose because of shale oil...

Common European investment programme needed
Investments had to make it to the top of agenda sooner or later. Low growth, deflation risks, high unemployment, and decreasing investments levels indicate that something is still wrong...

Oil hits four-year low as expectations fade for OPEC cuts
Fading hopes OPEC will cut production when it meets Thursday sent oil prices tumbling to a four-year low and the world stock-market rally paused for Thanksgiving in the United States...

Scotland to control £14bn of income tax and welfare benefits in cross-party deal
Lord Smith describes agreement as ‘biggest transfer of powers to the Scottish parliament since its establishment’...
The Guardian

More about the New European Union Ambassador David O'Sullivan
A few words are necessary on his path to which investigative journalists should pay more attention. Mr. David O’Sullivan appeared on the radar of our European path at the beginning of the 90s, when he was a unit head at the Directorate General for Education running the TEMPUS programme, a programme which had been singled out by the European Court of Auditors following an open letter from Franck Biancheri denouncing embezzlement in this programme...

Juncker survives no confidence vote
An overwhelming majority of European parliamentarians expressed their support of Jean-Claude Juncker as European Commission president on Thursday by rejecting a motion of no confidence against him. Juncker survived the vote 461-101...
Deutsche Welle

European social democracy during the global economic crisis, by David J. Bailey, Jean-Michel De Waele, Fabien Escalona and Mathieu Vieira
This book makes an important contribution to the existing literature on European social democracy in the wake of the 2008 financial crash and ensuing recession. It assesses how social democratic parties have responded, at the national as well as at the European Union level. A wide range of leading political scientists provide the reader with an in-depth understanding of the prospects for social democracy in the midst of an unprecedented crisis for neoliberalism.
Manchester University Press

Russia’s biggest bank launches financing in Chinese yuan
Sberbank, Russia’s largest lender, will be the first bank in the country to start issuing credit guarantees denominated in Chinese yuan. The new yuan-based letters of credit ensure payments between buyers and sellers, with the bank acting as a router...

Paris espère rassurer ses alliés en reportant la livraison du Mistral
Paris a immédiatement joint le geste à la parole: dans la foulée de l'annonce officielle, le ministre de la Défense, Jean-Yves Le Drian, a fait un voyage express à Varsovie...
Le Figaro

Interview with Henry Kissinger: 'Do We Achieve World Order Through Chaos or Insight?'
Henry Kissinger is the most famous and most divisive secretary of state the US has ever had. In an interview, he discusses his new book exploring the crises of our time, from Syria to Ukraine, and the limits of American power. He says he acted in accordance with his convictions in Vietnam...

Radical left is right about Europe’s debt / La gauche radicale a raison à propos de la dette de l’Europe
It is logically inconsistent for the eurozone to enter secular stagnation and not restructure / Il est logiquement incohérent pour la monnaie unique d’entrer dans une stagnation de longue durée et de ne pas restructurer sa dette...
Financial Times

Remarks by Foreign Minister Sergey Lavrov at the XXII Assembly of the Council on Foreign and Defence Policy, Moscow, 22 November 2014
For over a decade, Russia has been trying to establish partnership ties with NATO through CSTO. These efforts were not just about putting NATO and CSTO “in the same league.” As a matter of fact, CSTO is focused on catching drug dealers and illegal migrants around the Afghan border, and the North-Atlantic Treaty Organisation is the backbone of the international security forces, which, among other things, were tasked with fighting the terrorist threat and eliminating its financing schemes, which involve drug trafficking. We tried everything...

EU parliament votes for break-up of Google
EU lawmakers have voted in a favor of a resolution that would force Internet companies to separate search engines from commercial services. Though not named, Internet search giant Google, was the target of the vote...
Deutsche Welle

India moving towards tax friendly regime, Arun Jaitley says
Advocating a tax structure which discourages evasion, he said there was a misconception that high tax rates lead to higher revenues...
Times of India

Netherlands repatriates its gold from Federal Reserve
In what could definitely be called a stunning move, the Netherlands has announced it has repatriated in excess of 120 tonnes of gold from the vaults of the Federal Reserve in New York to the Dutch Central Bank in Amsterdam...
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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