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Entries in World Economics (212)

Tuesday
Mar152011

Japan catastrophe could make U.S. debt costlier

The U.S. Treasury market could feel financial aftershocks from Japan’s tragic U.S. Treasury. Offloading some of the Asian giant’s $1 trillion of foreign reserves could raise cash to help rebuild after Friday’s disaster. Meanwhile, the Federal Reserve is due to end its Treasury bond-buying program in June. If Japan, the second-biggest foreign holder, starts selling that’s another support gone — with the potential to make borrowing more expensive for the U.S. government.

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Monday
Mar142011

Outlook for Democracy Dims Across Much of the Middle East

A poster depicting 15 Middle Eastern heads of state stood out among the other signs hoisted in the air Saturday by hundreds of protesters at a rally outside the Arab League meeting in Cairo.

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Friday
Mar112011

Mideast Turmoil Rocks Western Reputations

NMS International has taken to hiding its website behind a password and director Louis Oliver gives a false name when he answers his phone.

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Friday
Mar112011

Saudi Arabia Police Open Fire on Protesters

Police in Saudi Arabia have opened fire to disperse protesters in the eastern city of Qatif, a day before planned countrywide anti-government protests.

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Monday
Mar072011

Robert Freeman: 2011 is 1848 Redux, But Worse

In 1848, a series of revolutions convulsed Europe. From Berlin to Budapest, Venice to Vienna, Paris to Prague, people rose up and overthrew the authoritarian monarchies that Metternich had installed in the aftermath of the Napoleonic Wars. It was these revolutions that prompted Karl Marx’s opening words of The Communist Manifesto: “A specter is haunting Europe. It is the specter of communism.”

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Thursday
Mar032011

World Food Prices Hit Record Highs Amid Oil Jitters

World food prices have hit record highs and oil price spikes could push them even higher, the UN food agency warned on Thursday, as increasing violence in Libya sent jitters through commodity markets.

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Thursday
Mar032011

The World Cheers as the CIA Plunges Libya Into Chaos 

How was Libya doing under the rule of Gadaffi? How bad did the people have it? Were they oppressed as we now commonly accept as fact? Let us look at the facts for a moment.

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Wednesday
Mar022011

Obama Surrenders on Settlements

The recent U.S. veto of a UN Security Council resolution denouncing Israel's settlement policy is a tragicomic way for the Obama administration to abandon its claim to global leadership. But that is what Ambassador Susan Rice’s “nay” vote on February 18 signifies. The battle for a rational foreign policy in Washington has been over for some time. This veto represents surrender

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Thursday
Feb242011

World Oil prices Soar, Stocks Tumble on Fears of Widening Unrest in North Africa and Middle East

Global stock values fell broadly for the second day on Tuesday and crude oil prices surged as the social upheaval in Libya disrupted petroleum exports and ongoing protests in Bahrain and Yemen threatened to spread to Saudi Arabia. All of the major Western oil companies operating in Libya reported cutting back or suspending their operations Monday, reportedly causing a decline of more than 8 percent in the country’s normal output of 1.6 million barrels per day. In addition, Libya’s ports were closed.

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Monday
Feb212011

Systemic Crisis of the Global Economy: Major Monetary Oil Shock Predicted for late 2011

Global systemic crisis / World geopolitical breakup – End of 2011: Fall of the “Petro-dollar wall” and a major monetary-oil shock for the United States 

With this issue our team is celebrating two important anniversaries in anticipation terms. Exactly five years ago, in February 2006, the GEAB N°2 suddenly encountered worldwide success by announcing the next "Triggering of a major global crisis" characterized especially by "The end of the West as we have known it since 1945”. And exactly two years ago, in February 2009, in the GEAB N°32, LEAP/E2020 anticipated the start of global geopolitical dislocation phase by the end of that same year. In both cases, it is important to note that the undeniable interest aroused by these anticipations at international level, measurable particularly by millions of people reading the related public announcements, has been matched only by mainstream media silence over these same analyses and the fierce opposition (on the internet) of the vast majority of economic, financial or geopolitical experts and specialists.

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