Retrospective Study - The multi-causality of the global systemic crisis
Debt, as a remedy : how is it that finance in the US has such influence on the real economy? Why is it that the bubbles do not get stuck in the financial sector? To understand this, one must understand the US pensions system and the importance of debt in the country's economy. In the absence of an adequate social safety net, and of a distribution system, the resources of most American retirees often come exclusively from their savings. Thus, to ensure a decent income during retirement, the amount necessary for them to save each month is about 1000 dollars. The amounts involved at the national level are, therefore, of more than a trillion (a thousand billion) dollars a year, for a total of retirement savings of around 25 trillion…
Debt, as a remedy : how is it that finance in the US has such influence on the real economy? Why is it that the bubbles do not get stuck in the financial sector? To understand this, one must understand the US pensions system and the importance of debt in the country's economy. In the absence of an adequate social safety net, and of a distribution system, the resources of most American retirees often come exclusively from their savings. Thus, to ensure a decent income during retirement, the amount necessary for them to save each month is about 1000 dollars. The amounts involved at the national level are, therefore, of more than a trillion (a thousand billion) dollars a year, for a total of retirement savings of around 25 trillion…
(GEAB No 100 < http://www.leap2020.net/
Some ideas for a reasonable and effective management of the migration
crisis
If anyone had the run of a trans-European public debate, here are the sort of elements on which he could feed: . calm the media's hysterical barking: force them to present things in a less magnified and more relative fashion; stop stigmatizing a part of public opinion's reactions of rejection, which are only the result of their way of presenting things; stop overestimating the excessive inverse reactions (gifts of apartments, etc.) which only antagonize the former, report on the tangible steps taken… in short require them to give a balanced treatment of the situation representative of the problem's reality and public opinion...
Some ideas for a reasonable and effective management of the migration
crisis
If anyone had the run of a trans-European public debate, here are the sort of elements on which he could feed: . calm the media's hysterical barking: force them to present things in a less magnified and more relative fashion; stop stigmatizing a part of public opinion's reactions of rejection, which are only the result of their way of presenting things; stop overestimating the excessive inverse reactions (gifts of apartments, etc.) which only antagonize the former, report on the tangible steps taken… in short require them to give a balanced treatment of the situation representative of the problem's reality and public opinion...
(LEAP / GEAB 97 Teaser < http://www.leap2020.net/
A Pessimist's Guide to the World in 2016
Oil prices soar after Islamic State destroys facilities across the Middle East. Angela Merkel is forced to resign, throwing the European Union into disarray. The dollar slumps as Russian and Iranian hackers team up to launch cyber-attacks on U.S banks. Bloomberg News asked dozens of former and current diplomats, geopolitical strategists, security consultants, and economists to identify the possible worst-case scenarios, based on current global conflicts, that concern them most heading into 2016...
A Pessimist's Guide to the World in 2016
Oil prices soar after Islamic State destroys facilities across the Middle East. Angela Merkel is forced to resign, throwing the European Union into disarray. The dollar slumps as Russian and Iranian hackers team up to launch cyber-attacks on U.S banks. Bloomberg News asked dozens of former and current diplomats, geopolitical strategists, security consultants, and economists to identify the possible worst-case scenarios, based on current global conflicts, that concern them most heading into 2016...
(Bloomberg < http://www.leap2020.net/
EU to hold emergency Schengen talks
The European Commission is holding an emergency meeting on Wednesday (6 January) following the snap introduction of border control checks in northern Europe. EU migration commissioner Dimitris Avramopoulos convened the talks after Sweden introduced ID checks with Denmark, followed by a similar move by the Danes, who began border controls with Germany...
(EUObserver < http://www.leap2020.net/
Eurozone inflation lingers near zero despite ECB boost
Eurozone inflation remained lower than expected in December, official data said on Tuesday, adding pressure on the European Central Bank to once again ramp up its efforts to boost the economy in Europe. ECB president Mario Draghi disappointed markets last month with a limited bid to revive the struggling eurozone given near-zero inflation levels across the 19 countries that share the euro...
EU to hold emergency Schengen talks
The European Commission is holding an emergency meeting on Wednesday (6 January) following the snap introduction of border control checks in northern Europe. EU migration commissioner Dimitris Avramopoulos convened the talks after Sweden introduced ID checks with Denmark, followed by a similar move by the Danes, who began border controls with Germany...
(EUObserver < http://www.leap2020.net/
Eurozone inflation lingers near zero despite ECB boost
Eurozone inflation remained lower than expected in December, official data said on Tuesday, adding pressure on the European Central Bank to once again ramp up its efforts to boost the economy in Europe. ECB president Mario Draghi disappointed markets last month with a limited bid to revive the struggling eurozone given near-zero inflation levels across the 19 countries that share the euro...
(EUBusiness < http://www.leap2020.net/
Is Portugal trendy? Some thoughts on a new Eurozone government
So, what are the implications for the EU of a new socialist-led, but communist-green and leftist-supported, and ostensibly anti-austerity government in Portugal? I keep hearing this question; less frequently, the interrogation is sometimes accompanied by ‘is Portugal a new Greece'?
Will there be a new conflict within the European Council, a new battle with the ECB, a new Varoufakis...
Is Portugal trendy? Some thoughts on a new Eurozone government
So, what are the implications for the EU of a new socialist-led, but communist-green and leftist-supported, and ostensibly anti-austerity government in Portugal? I keep hearing this question; less frequently, the interrogation is sometimes accompanied by ‘is Portugal a new Greece'?
Will there be a new conflict within the European Council, a new battle with the ECB, a new Varoufakis...
(GEJ < http://www.leap2020.net/
A year after 'Je suis Charlie', a divided France struggles
One year on, an anxious, fragmented France is paying tribute to the victims of the killings at Charlie Hebdo magazine, with old divisions made worse by what President Francois Hollande has called "a terrible year"...
A year after 'Je suis Charlie', a divided France struggles
One year on, an anxious, fragmented France is paying tribute to the victims of the killings at Charlie Hebdo magazine, with old divisions made worse by what President Francois Hollande has called "a terrible year"...
(Reuters < http://www.leap2020.net/
North Korea ‘may send delegation' to Davos
North Korea may send a delegation to the World Economic Forum meeting in Switzerland for the first time in 18 years, South Korea's Yonhap news agency reported on Monday. Yonhap cited unidentified sources as saying
North Korea was in talks with organisers to send a delegation to the annual event in the town of Davos... (Irish Times
< http://www.leap2020.net/
Saudi backs Syria peace talks despite tensions with Iran
The Saudi foreign minister has said escalating tensions between Riyadh and Tehran would not affect Syrian peace talks. The statement comes as Kuwait recalled its ambassador from Iran in support of Saudi Arabia...
North Korea ‘may send delegation' to Davos
North Korea may send a delegation to the World Economic Forum meeting in Switzerland for the first time in 18 years, South Korea's Yonhap news agency reported on Monday. Yonhap cited unidentified sources as saying
North Korea was in talks with organisers to send a delegation to the annual event in the town of Davos... (Irish Times
< http://www.leap2020.net/
Saudi backs Syria peace talks despite tensions with Iran
The Saudi foreign minister has said escalating tensions between Riyadh and Tehran would not affect Syrian peace talks. The statement comes as Kuwait recalled its ambassador from Iran in support of Saudi Arabia...
(Deutsche Welle < http://www.leap2020.net/
Danish Ruling Party Slams Swedish Immigration Policy, New Border Controls
Danish ruling Venstre party spokesman Marcus Knuth condemned on Wednesday Sweden's immigration policy, which attracted numerous refugees to the country, and subsequent tightening of border controls. On Monday, Sweden imposed identity checks on people arriving in the country from the Danish territory ...
Danish Ruling Party Slams Swedish Immigration Policy, New Border Controls
Danish ruling Venstre party spokesman Marcus Knuth condemned on Wednesday Sweden's immigration policy, which attracted numerous refugees to the country, and subsequent tightening of border controls. On Monday, Sweden imposed identity checks on people arriving in the country from the Danish territory ...
(Sputniknews < http://www.leap2020.net/
Saudi Arabia's allies Bahrain, Sudan and UAE act against Iran
A number of Saudi Arabia's allies have joined diplomatic action against Iran after the Saudi embassy in Tehran was attacked amid a row over the execution of a Shia Muslim cleric. Bahrain and Sudan have both severed relations with Iran, and the UAE has downgraded its diplomatic team...
Saudi Arabia's allies Bahrain, Sudan and UAE act against Iran
A number of Saudi Arabia's allies have joined diplomatic action against Iran after the Saudi embassy in Tehran was attacked amid a row over the execution of a Shia Muslim cleric. Bahrain and Sudan have both severed relations with Iran, and the UAE has downgraded its diplomatic team...
(BBC News <http://www.leap2020.net/
Armed militia to occupy Oregon wildlife refuge 'as long as necessary'
Tensions over the treatment of two cattle ranchers in Oregon escalated into an armed standoff on Saturday when members of a rightwing militia occupied a wildlife refuge at Malheur national park. The dispute with federal authorities is was sparked by the treatment of Dwight Hammond and his son Steve, who face jail terms related to arson charges..
Armed militia to occupy Oregon wildlife refuge 'as long as necessary'
Tensions over the treatment of two cattle ranchers in Oregon escalated into an armed standoff on Saturday when members of a rightwing militia occupied a wildlife refuge at Malheur national park. The dispute with federal authorities is was sparked by the treatment of Dwight Hammond and his son Steve, who face jail terms related to arson charges..
(The Guardian < http://www.leap2020.net/
Global Stocks Selloff Escalates as Oil Drops, China Weakens Yuan
lobal stocks fell and commodities slid as China's move to weaken its currency heightened concern that the outlook for global growth is dimming. European equities sank after emerging-market stocks dropped to a six-year low and developing-nation currencies slid on concern a weaker yuan may spark a wave of global turmoil ...
Global Stocks Selloff Escalates as Oil Drops, China Weakens Yuan
lobal stocks fell and commodities slid as China's move to weaken its currency heightened concern that the outlook for global growth is dimming. European equities sank after emerging-market stocks dropped to a six-year low and developing-nation currencies slid on concern a weaker yuan may spark a wave of global turmoil ...
(Bloomberg < http://www.leap2020.net/
North Korea Says It Has Detonated Its First Hydrogen Bomb
North Korea declared on Tuesday that it had detonated its first hydrogen bomb. The assertion, if true, would dramatically escalate the nuclear challenge from one of the world's most isolated and dangerous states. In an announcement, North Korea said that the test had been a “complete success
...
North Korea Says It Has Detonated Its First Hydrogen Bomb
North Korea declared on Tuesday that it had detonated its first hydrogen bomb. The assertion, if true, would dramatically escalate the nuclear challenge from one of the world's most isolated and dangerous states. In an announcement, North Korea said that the test had been a “complete success
...
(New York Times < http://www.leap2020.net/
With Attacks in Afghanistan and India, Pakistan Must Get Serious About
Terrorism
For the people of Pakistan's restive Khyber-Pakhtunkhwa province, the year 2015 ended just like the past one had: on a bloody note. On Dec. 29, a bomb explosion targeting a government office killed at least 26 in Mardan, some 30 miles northwest of the provincial capital Peshawar. The breakaway Jamaat-ul-Ahrar faction of the jihadist terror group Tehrik-e-Taliban Pakistan has claimed responsibility for the attack...
With Attacks in Afghanistan and India, Pakistan Must Get Serious About
Terrorism
For the people of Pakistan's restive Khyber-Pakhtunkhwa province, the year 2015 ended just like the past one had: on a bloody note. On Dec. 29, a bomb explosion targeting a government office killed at least 26 in Mardan, some 30 miles northwest of the provincial capital Peshawar. The breakaway Jamaat-ul-Ahrar faction of the jihadist terror group Tehrik-e-Taliban Pakistan has claimed responsibility for the attack...
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