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Last week President Barack Obama “rebuked EU leaders for failing to recapitalize banks and allowing the debt crisis to escalate to the point where it is scaring the world.” Reaction from the German finance minister, Wolfgang Schäuble, was one of scorn, “I don’t understand how anyone in the European Commission can have such a stupid idea [spending one’s way out...
Last Friday the German parliament symbolically voted to continue supporting European debt relief. Internally, the parliament was split, with representatives refusing to further support EU debt by giving up German sovereignty through a fiscal union. A Bavarian representative warned that “…the Free State of Bavaria will not take one step further towards an EMU...
“The fungus, Candida albicans, is widespread among humans. It is relatively harmless to healthy people but can be fatal to hospital patients with weak immune systems.” It causes 25% of hospital blood infections and is an opportunistic infection that moves from the gut to the blood stream when body defenses are low. Like MRSA and C. difficil (“C. dif”), this...
Poland now holds the EU’s rotating presidency and its finance minister, Jacek Rostowski, made this prediction two weeks ago. On September 14, Mr. Rostowski spoke to MEPs (members of parliament) in Strasbourg. In his speech, he “warned of the need to act rapidly to prevent grave danger for the EU.” This comment followed growing speculation that Greece will...
Actions in the UN last week forced discussions about a future Palestine. Since Palestinian president Abbas made his request, five EU nations, including France, have pushed to “upgrade” Palestinian territories to “full-membership” in the UN. Three other EU nations have joined the UK and U.S.
Professor Richard Dawkins is well known for his philosophical conjecture that life came into existence by chance evolutionary processes. As a scientist, Dr. Dawkins prefers to lecture on philosophy, ridiculing people for their “irrational” belief in God. He usually “… declines to talk in San Francisco and New York; these cities are too gloriously godless, as...
Last month, hundreds of thousands of Roman Catholic youth from around the globe met in Madrid for World Youth Day (WYD) and to hear Pope Benedict XVI speak. WYD is designed to reach Roman Catholic youth and bring “meaning” to their beliefs. “The general consensus from those who have done research on them [WYD youth] is that World Youth Days tend to combine...
Much of Oklahoma has had no significant rainfall in more than a year, resulting in zero crop growth. As a consequence, there is virtually no local food for cattle and it must be imported at great cost. Ranchers are selling entire herds that have taken a decade or more to build because they have no other choice.
“Italy confirmed it held talks with Chinese officials amid speculation Rome is looking to persuade Beijing to buy its bonds or invest in its companies, while premier Silvio Berlusconi flew to Brussels Tuesday to discuss the market turmoil.” While Berlusconi met with the EU President about Italy’s debt, his government was apparently seeking bailout help from...
With the financial crisis weighing heavily on Greece, creditor nations are now discussing the issue of obtaining collateral for money they loan Greece—in the event that Greece proves unable to pay back any loans. Such collateral could include Greek real estate or shares in state assets such as utility companies.