Spring 2013 in Europe: The time of the riots.
The rich tax exiles in each country, the outsourcing and factory closings
like PSA in France, banks’ refloating as in Spain, the strong-arm police
interventions in the sensitive suburbs, the lobbying by the rich at national
parliaments to try to exonerate themselves from the effort requested from each
citizen, the increasingly felt gap between stagnant incomes since 2008 and
increasingly heavier tax pressure, the simplistic temptations of domestic
withdrawal and the hunt for the scapegoat expressed in radical extremism surfing
on the concern and anger of an increasing number of those excluded, will be the
pretext for a large number of riots beginning in spring 2013. The geography of
these 2013 riots is uneven...
3rd Euro-BRICS Seminar (Cannes, Sept. 27-28, 2012) - Programme
Euro-BRICS 2012-2014: Towards a set of thematic cooperation networks based on a specific political-diplomatic framework,
organized by LEAP in partnership with MGIMO...
Obama vs. Romney: How they'd handle the $7 trillion fiscal cliff
It's one of the biggest decisions facing Congress: what to do about the
fiscal cliff -- the $7 trillion worth of tax increases and spending cuts that
start taking effect next year. Two major sticking points: whether to extend some
or all of the Bush tax cuts and and how to replace the nearly $1 trillion in
spending cuts.
7 global companies warn tough times ahead
Companies will soon close the books on the quarter, and if comments from
Intel and FedEx are an accurate indication, profit warnings could figure
prominently in their reports. Multinationals are facing stiffer economic
headwinds than at the start of the year. The U.S. dollar has appreciated against
the euro, nicking sales in a region that’s already reeling. And growth rates
have slowed elsewhere.
China Stocks Breach Key Level, More Losses Seen
China’s benchmark Shanghai Composite Index broke below a key support level
on Wednesday, touching its lowest point in more than three and a half years, and
market watchers told CNBC mainland stocks are set to suffer further losses in
the coming weeks.
British Bankers' Association to be stripped of Libor rate-setting
role
The British Bankers' Association is to be stripped of its role of setting
the Libor interest rate – used as the benchmark for the cost of borrowing for
households and businesses around the world – following the rate-rigging scandal
which resulted in Barclays being fined £290m for its attempts to manipulate the
rate.
Study Reveals Germans Less Confident than they Seem
Despite the euro crisis, Germany has largely flourished in recent years.
So why are its people always complaining? A recent study shows they're plagued
by self-doubt and fears of losing their prosperity. There may be something to
the stereotype of the tortured German soul after all.
Mas throws down the gauntlet in pursuit of “national
transition”
Catalonia premier Artur Mas set his ruling CiU nationalist coalition on a
collision course with Madrid on Monday when he announced that a right-to-decide
resolution will be submitted to the regional assembly with a view to having it
approved on Thursday.
Syrian War’s Spillover Threatens a Fragile Iraq
The civil war in Syria is testing Iraq’s fragile society and fledgling
democracy, worsening sectarian tensions, pushing Iraq closer to Iran and
highlighting security shortcomings just nine months after American forces ended
their long and costly occupation here.
Back the EU or risk isolation, Polish minister warns Britain
Polish foreign minister Radek Sikorski has called on Britain to abandon
its "false consciousness" of euroscepticism and take the lead in EU
decision-making. Speaking at the Global Horizons conference at Blenheim palace
near Oxford on Friday (21 September), the Oxford-educated Sikorski said
Britain's hostility towards the EU is based on "myths."
Traité européen : si on leur demandait leur avis, les Français diraient
oui
L'Humanité publié lundi a crédité le "oui" de 52% si le traité budgétaire
européen était soumis à référendum aujourd'hui. 39% des personnes qui ont voté
non au référendum sur le traité constitutionnel en 2005 voteraient oui.
UK Deficit Could Surpass Greece: Morgan Stanley
Bad news for U.K. politicians clinging to the notion that the nation’s AAA
debt rating indicates a clean bill of financial health. Morgan Stanley expects
the British budget shortfall to earn the dubious distinction as Europe’s largest
in 2013-14, surpassing even the deficit in troubled Greece.
Assurance vie : pourquoi l'hiver va être rude
Ce n'est un secret pour personne : l'assurance vie traverse une période
difficile. Depuis quelques temps, le placement préféré des Français peine en
effet à sortir la tête de l'eau. Et les beaux jours ne sont pas encore
d'actualité ! Principales explications : des rendements qui font grise mine, et
un régime fiscal en passe d'être totalement remis en cause.
The Emerging Headache of QE3
The Fed has promised to purchase US$ 40 billion worth of mortgage-backed
securities (MBS) per month until it is satisfied with the economy. By all
accounts an unemployment rate above 7 percent is not satisfactory to the Fed.
Its own analysis doesn't expect the unemployment rate to fall below 7 percent in
two years. 
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