Eight out of 90 European banks have failed stress tests on whether they could withstand another financial crisis. None were in Italy - which it hopes might help the country fend off spiraling debt costs, along with the 70-billion-Euro cuts which parliament passed on Friday. But, as RT's Sara Firth reports, there's only so much that can be done before the people take power into their own hands.
A must see.
Irish people rate themselves among the most fulfilled and optimistic in the world, according to a new global survey.
The “Massachusetts Innovation Economy Partnership Mission 2011,” will connect Massachusetts with Israel and the United Kingdom in an attempt to create jobs, expand business and collaborate in different industries.
What the Federal Reserve is up to, and how we got here.
Though the recession is officially over, its fallout is still spreading through the high street.
An informative documentary aired last night (August 23) on one of Australia's premier current affairs programs, ABC's Four Corners, documenting the origins of the GFC and the probable, if not inevitable, future of the world economy.
Banking report authors say outside bodies should have seen warning signs
Looks like Israel is the only country that will be in good shape once the crash really starts.
Need a job?
Below, please find the job application form for the Mossad.
EU Times, 28 February 2010
The recession has increased the wealth gap to dangerous levels, and George Osborne does not seem serious about tackling it, says Edmund Conway.
If you don’t work in the City or in economics, you may not have heard of the annual Mais lecture, which was delivered last night by George Osborne. But it’s a big deal, arguably the most important set-piece speech in the Square Mile calendar. And only once before has City University, the host, deigned to invite an opposition politician primed for election to deliver it.
Ira Stoll -- formerly of the Lipsky-era Forward, N.Y. Sun, Jerusalem Post -- is a journalistic pitbull. I've heard fans describe him as an unrelenting defender of the Jews, Israel, etc. I've heard critics dismiss him as just another neocon who cries anti-Semitism too much. And then there's the people who think both descriptions are true.
BRUSSELS, Feb 12 (Reuters) - The euro zone's economic recovery lost steam in the final quarter of last year as gross domestic product barely expanded, with France the only one of the currency area's four biggest economies to post growth.
Ismael Hossein-Zadeh, Counterpunch, 12-14 February 2010
Qrswave's ironic comment on indebted Federal government's slavish devotion
Disclosure: I have a new Chase checking & savings account since last autumn, and I currently receive measly $20 (mostly spent on packs of ramen noodles) a month in food stamp.
Did Christianity Cause the Crash?
by Hanna Rosin, The Atlantic