Tag Archives: European Union

China says EU must recognise its decline amid trade war

China has warned Europe that its failure to recognize its power is declining is inviting further retaliation from Beijing in their escalating trade row. “The change of the times and the shifts of power have failed to change the condescending attitude … Continue reading

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Iran oil output is down due to newly imposed sanctions

Iran’s oil production has fallen to a 10-year low and could drop to levels last seen during the Iran-Iraq war in the 1980′s as sanctions over its nuclear program disrupt an industry already suffering from years of underinvestment. The country’s crude … Continue reading

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U.S. & Britain advise Israel NOT to attack Iran

JERUSALEM — The U.S. and Britain have urged Israel not to attack Iran’s nuclear program and the White House’s national security adviser arrived in the region, reflecting growing international jitters that the Israelis are poised to strike. In their warnings … Continue reading

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INFO-GRAPHIC: The 2011 EURO-ZONE CRISIS and the Competing Financial Interests over how to bail out Greece

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TOP 10 Countries with the MOST Public Debt as % of GDP 2011 (YTD)

France is taking a crash course in global recession 101 as it struggles to maintain its prized AAA credit rating and help support the European Union’s interconnected banking system. So far, the Gallic government has yet to start writing checks … Continue reading

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Preserve the US’s Strength as the World’s only Leading Superpower

The US spends almost as much on the military as the rest of the world combined. Preserving the US’s Strength as the World’s only Leading Superpower from Greg in SD on Vimeo. Protecting America Requires a Strong Defense and preserving … Continue reading

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Consumer Attitudes About U.S. Economy Do Not Align With Rate of China’s Surge

Image via Wikipedia PRINCETON, NEW JERSEY – By 52% to 32%, Americans are more likely to name China than the United States as the leading economic power in the world today, with Japan a distant third at 7%. This is … Continue reading

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Forex @ DailyFX – US Dollar Continues to go Up, Up, and Up as Panic Grips the Market

The Dow Jones FXCM Dollar Index (ticker: USDollar) continues to rise early in the European session as euro weakness continues to dominate proceedings as contagion risks grips the market. The Eurogroup meeting later today is going to be closely watched by … Continue reading

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All of Japan’s Nuclear Reactors Could be Offline by Next Spring

An attempt by Japan’s government to reassure a skeptical public by ordering stress tests on all nuclear reactors backfired on Thursday, casting doubt over the first restart of reactors since a massive quake and tsunami in March triggered a radiation crisis. The announcement … Continue reading

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Chinese Premier Wen Jiaobao vows to help stabilize the euro

China GUNG-HO About the Euro China is doing everything it can to support the euro currency. During last year’s European debt crisis, it started with verbally reiterating its commitment to buy euro-denominated debt.  When things got really bad, it stepped … Continue reading

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