The IMF : a
thorn in the European Foot
Certainly,
this Grexit had been sought, deliberately or not, by some players in the poker
game currently being played, and particularly the Washington player. Everyone
knows the IMF’s historical position as regards managing sovereign debt. The
Greek case is no exception : of the three members of the troika, the IMF is by
far the most ideologically exacting in its requests as regards Greece. If the Greek
tragedy has lasted so long, it’s not the size of the problem which is in
question. To be sure it was necessary to inject around 240 billion€ into the
Greek economy – or rather into the Greek banks and financial system, so that
they didn’t collapse (which would have risked dragging down the whole European
system). An amount which only represents a quarter of the ECB’s QE, for
example, or a small part of the European recovery and bank support plans...
Greece and
lenders agree new bailout deal, finance minister says
The Greek
government announced it has struck an ambitious bailout deal with creditors
aimed at securing around €86bn (£61bn) over three years in return for radical
economic reforms to be pushed through parliament as early as this week...
Germany
sceptical over Greek bailout deal, Varoufakis too
Greek
lawmakers will hold an emergency parliament session today for a crucial vote on
ratifying a hurriedly-concluded bailout deal, but Germany has cast doubt on the
agreement...
Huge blasts
at Chinese port kill 44, firefighters missing
Two huge
explosions tore through an industrial area where toxic chemicals and gas were
stored in the northeast Chinese port city of Tianjin, killing at least 44
people, including at least a dozen fire fighters, officials and state media
said on Thursday...
Hillary
Clinton relents in e-mail inquiry amid campaign
Hillary
Rodham Clinton has agreed to relinquish the personal email server she used
while serving as the top U.S. diplomat, as part of an investigation into an
issue that threatens to remain a significant distraction for her presidential
campaign...
UN chief
sacks mission head in Central African Republic
The string
of allegations against UN peacekeepers in the country has included rape,
assault and murder. UN Secretary General Ban K-moon declares "enough is
enough" and says he is angered and ashamed by reports...
US stocks,
yields stumble after China lets yuan fall again
Stocks, the
US dollar, and emerging market currencies around the world remained under
pressure for a second day on Wednesday after China's yuan weakened again, a day
after the country devalued its currency...
China
central bank tries to soothe global markets, says no basis for yuan to fall
further
China's
central bank said on Thursday that there was no basis for further depreciation
in the yuan given strong economic fundamentals, in a bid to reassure jittery
global markets after it devalued the currency earlier in the week...
Phasing out
fossil fuel would show true EU leadership
For about
20 years, the EU has been a constructive leader in climate negotiations:
benefitting from a growing economy, and support from public opinion. However,
in the last few years, the EU’s leadership has been declining due to a series
of internal and external factors...
Sundar
Pichai, le nouveau patron discret et surdoué de Google
Cet
ingénieur de 43 ans d’origine indienne, salarié de Google depuis 2004, a pris
les plus hautes responsabilités du géant du web en pleine restructuration. Google
n’est désormais plus qu’une filiale parmi d’autres sociétés, regroupées au sein
de la nouvelle holding «Alphabet» présentée lundi par Larry Page, cofondateur
avec Sergey Brin de Google en 1998...
US
Deregulation of Oil Exports Could Hurt North American Refineries
Experts
claim that removing the ban on US crude oil exports is likely to benefit
producers, but could squeeze the profit margins of North American refineries
that will have to pay higher prices for the crude oil they consume and
process...
Sputnik International
Indian rapper ‘overwhelmed’ by success of protest song
against Unilever
A rapper whose protest song about corporate pollution in an
idyllic hill town in southern India has dragged the issue into the spotlight
says she is totally overwhelmed by its phenomenal success, which has prompted a
personal response from the CEO of Unilever...
The Guardian
« L’UE oblige les migrants à des traversées dangereuses pour
obtenir un droit qu’elle leur reconnaît »
L’ONG Médecins sans frontières (MSF) est présente dans les
eaux de la Méditerranée depuis le mois de mai pour mener des opérations de
sauvetage. L’un de ses navires, le Dignity-I, était présent lors du naufrage
qui a fait plus de 200 disparus (près de 400 personnes ont été secourues)
mercredi 5 août au large de la Libye...
Le Monde
Europeans Gravitate Toward More Developed EU Countries
The following countries are expected to show a negative
population change by 2030: Lithuania (down 24 percent), Latvia (down 18
percent) and Bulgaria (down 10 percent). The Sputnik news agency is releasing
data on population dynamics in European countries as part of its Sputnik.Facts
project. According to Eurostat, population decline has been plaguing most Eastern
European nations as well as the relatively poor "old European"
countries such as Portugal and Greece...
Sputnik News
-----------------------------
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