Monday, January 30, 2012

@21:35, 01/29/12 8

.


End game.
Closure in chess and a metaphor.

http://www.telegraph.co.uk/finance/financialcrisis/

We’re on the brink of bankruptcy, warns Greece

 
Debt crisis: Greek PM says that unless country's backers agree to new bail-out, Greece will be forced outside eurozone.
29 Jan 2012
| 399 Comments

Sarkozy to bring in Financial Transaction Tax

French President Nicolas Sarkozy speaks during a media conference after an EU summit in Brussels  
France has added some more rocket fuel to Monday's already volatile summit of EU leaders by pledging to introduce a 0.1pc tax on financial transactions in August.
29 Jan 2012
| 86 Comments

Britain should be preparing to make the most of the euro break-up

A sign is displayed on the door of the European Commission offices in Dublin  
The week when Alex Salmond firmed up the details of the coming referendum in Scotland about breaking up the UK was a strange time for the Prime Minister to be singing the praises of the UK's monetary union and berating the eurozone as structurally flawed.
29 Jan 2012
| 72 Comments

Mario Draghi, the Latin Bloc’s monetarist avenger

Mario Draghi, new President of the European Central Bank (ECB), speaks to the media following the first meeting of the ECB Governing Council with Draghi at the helm on November 3, 2011 in Frankfurt am Main, Germany  
The eurozone money supply is contracting at an accelerating pace on all fronts. The broad M3 gauge has fallen for the last three months in a row. A slump is already baked in the pie.
29 Jan 2012
| 197 Comments

David Cameron will stand firm on EU treaty veto, says IDS

Work and Pensions Secretary Iain Duncan Smith appears on the  
Work and Pensions Secretary Iain Duncan Smith insisted today that Britain would block eurozone countries from using institutions paid for by EU nations.
29 Jan 2012

IMF puts pressure on Greece over budget as talks continue

The International Monetary Fund has signalled that Greece will have to give up autonomy over its budget as desperate last-minute negotiations continue to agree the country's second €130bn bail-out.
29 Jan 2012
| 859 Comments

The great EU conjuring trick

The original players behind the single currency claim astonishing sleights of hand have brought the euro to its knees, says Allan Little and Jane Beresford
29 Jan 2012
| 77 Comments



http://www.bloomberg.com/news/europe/



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      Recent Developments
      Jan. 26 The Egyptian authorities have blocked the son of a United States cabinet member and at least five other American employees of two Washington-backed nongovernmental organizations from leaving the country in an apparent escalation of a politically charged criminal investigation into foreign-financed groups promoting democracy.

      Jan. 25 Tens of thousands of Egyptians gathered in Tahrir Square, the crucible of their revolution, in a mixture of celebration and agitation to mark the first anniversary of the protests that forced out Hosni Mubarak. But it was evident that the spirit that unified last year’s uprising had been replaced by new tensions between the country’s political factions over their view of the military rulers who took power when Mr. Mubarak was ousted. 
      Jan. 24 Mohamed Hussein Tantawi, the army officer acting as Egypt’s de facto head of state, said that the military government would limit its use of extra-judicial arrests and detentions to cases of what he called “thuggery.” Rights lawyers, however, noted that the military has applied the term “thuggery” very broadly, covering street protesters and potentially anyone else it chooses.

      Jan. 23 Egypt’s first democratically elected Parliament in more than 60 years began in chaos, with thousands of demonstrators gathered outside in an unruly mix of celebration and protest. But by nightfall, Saad el Katatni, a prominent member of the Muslim Brotherhood, was elected speaker.
      Jan. 14 Mohamed ElBaradei, the Nobel-Prize winning diplomat who helped galvanize the demands for democracy, said that he was dropping his presidential bid in protest over the military’s continued hold on power nearly a year after the ouster of Hosni Mubarak. His decision to drop out of the race was also a bow to the long odds he faced: So far, the Islamist domination of parliamentary elections has shown a small base of support for secular-seeming Western-style liberals like Mr. ElBaradei.
      Jan. 11 Former President Jimmy Carter said that after meeting with Egypt’s military rulers, including Field Marshal Mohamed Hussein Tantawi, he doubted they would fully submit to the authority of the civilian democracy they had promised to install. Mr. Carter was in Egypt with a team from his human rights organization, the Carter Center, to help monitor the final round of the parliamentary elections. He is highly respected in Egypt because of his role in the Camp David accords.
      Jan. 8 A top leader of the Muslim Brotherhood‘s political arm said the group was putting off an expected confrontation with Egypt’s military rulers, keeping its distance from more radical Islamist parties and hoping that the United States would continue to support the country financially. The leader, Essam el-Erian, also said the party had decided to support keeping the caretaker prime minister and cabinet appointed by the ruling military council in office for the next six months.

      • Lobbyists Drop Egypt's Government as Client

        1 day ago ... Tensions have grown since a crackdown by Egyptian authorities on several American nonprofit organizations.January 29, 2012 - By RON NIXON

      • Egypt's Assault on Civil Society

        2 days ago ... The last thing Egypt needs is to pick a fight with the United States. Yet the military rulers have done just that, demonstrating contempt for civil ...January 28, 2012

      • Egypt Bars Son of Ray LaHood From Leaving the Country

        3 days ago ... Sam LaHood, son of the transportation secretary, Ray LaHood, and other American employees of the International Republican Institute were ...January 27, 2012 - By STEVEN LEE MYERS and DAVID D. KIRKPATRICK

      • Egypt's Challenge, Mirrored by a Dissident's Case

        5 days ago ... Maikel Nabil Sanad's experience illustrates the challenge facing Egyptian society if it hopes that democracy and pluralism will replace the ...January 25, 2012 - By MICHAEL WAHID HANNA




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