S&P warns of socially explosive situation in euro zone … Standard and Poor's sees a high risk that Spain, Italy, Portugal and France will not be able to carry through necessary reforms as the unemployed become less willing to put up with austerity, S&P's Germany head Torsten Hinrichs told a newspaper. "The high unemployment in Spain, Italy and France is socially explos...Read More
Why the EU is right on Cyprus … Cyprus's population is about three times that of Iceland. But once the panic about their bank deposits subsides, Cypriots might take a closer look at what actually caused the crisis, just as the Icelanders have been doing. For the big question that Cypriots still need to ask themselves is why, despite attracting tens of billions of euros from Russians and...Read More
National planning Cyprus-style solution for New Zealand …The National Government are pushing a Cyprus-style solution to bank failure in New Zealand which will see small depositors lose some of their savings to fund big bank bailouts, the Green Party said today. Open Bank Resolution (OBR) is Finance Minister Bill English's favoured option dealing with a major bank failure. If a bank fails...Read More
S&P warns of socially explosive situation in euro zone … Standard and Poor's sees a high risk that Spain, Italy, Portugal and France will not be able to carry through necessary reforms as the unemployed become less willing to put up with austerity, S&P's Germany head Torsten Hinrichs told a newspaper. "The high unemployment in Spain, Italy and France is socially explos...Read More
TORONTO, Ontario (March 19, 2013) - Mega Uranium Ltd. ("Mega") (TSX: "MGA") announcesthat at its annual and special shareholder meeting held earlier today, all ofthe nominees listed in its management information circular for the meeting wereelected as directors of the company. Each director was elected by a majority of the shareholders by a show ofhands. The results of the shares votedby proxy...Read More
GOP: We've been lying all along … Boehner's admission that we don't really have a debt crisis reveals his party's ulterior, program-cutting motives … I never thought I'd write these words, but here goes: thank you, John Boehner. Thank you, Mr. Speaker, for finally admitting on national television that all the fiscal cliffs, sequestrations and budget battles you'...Read More
Has military Keynesianism come to an end? … The outcome of the sequester ultimatum appears to have taken everyone by surprise. Two long summers ago, when the president and House speaker John Boehner conjured a prospect so terrible that even spending on defense would be deeply cut, they both assumed Congress would buckle rather than approve such a blow to the nation's pride. According to...Read More
Welcome to the new model of retirement. No retirement. In 1983 over 60 percent of American workers had some kind of defined-benefit plan. Today less than 20 percent have access to a plan and the majority of retired Americans largely rely on Social Security as their de facto retirement plan. As many Americans enter into retirement they are realizing one unfortunate thing. The new retirement plan is...Read More
Analysis: Europe's social shock-absorbers show crisis strain … With more than 26 million unemployed in the 27-nation European Union, including nearly 6 million young people, the system is struggling, and in some places failing, to cope. Many of the jobless have exhausted their benefit entitlements. "In many countries, the poor are getting poorer," says Laszlo Andor, the EU'...Read More
Is the US holding back IMF reform? … The legislation would implement reforms agreed by the G20 in 2010, which were described by then IMF Managing Director Dominique Strauss Kahn as 'the most important decision on the governance of the IMF since its creation in 1944.' He went on to say that 'what we did today puts an end to a discussion on legitimacy that had lasted for years, alm...Read More
GOP: We've been lying all along … Boehner's admission that we don't really have a debt crisis reveals his party's ulterior, program-cutting motives … I never thought I'd write these words, but here goes: thank you, John Boehner. Thank you, Mr. Speaker, for finally admitting on national television that all the fiscal cliffs, sequestrations and budget battles you'...Read More
Has military Keynesianism come to an end? … The outcome of the sequester ultimatum appears to have taken everyone by surprise. Two long summers ago, when the president and House speaker John Boehner conjured a prospect so terrible that even spending on defense would be deeply cut, they both assumed Congress would buckle rather than approve such a blow to the nation's pride. According to...Read More
Welcome to the new model of retirement. No retirement. In 1983 over 60 percent of American workers had some kind of defined-benefit plan. Today less than 20 percent have access to a plan and the majority of retired Americans largely rely on Social Security as their de facto retirement plan. As many Americans enter into retirement they are realizing one unfortunate thing. The new retirement plan is...Read More
Analysis: Europe's social shock-absorbers show crisis strain … With more than 26 million unemployed in the 27-nation European Union, including nearly 6 million young people, the system is struggling, and in some places failing, to cope. Many of the jobless have exhausted their benefit entitlements. "In many countries, the poor are getting poorer," says Laszlo Andor, the EU'...Read More
Is the US holding back IMF reform? … The legislation would implement reforms agreed by the G20 in 2010, which were described by then IMF Managing Director Dominique Strauss Kahn as 'the most important decision on the governance of the IMF since its creation in 1944.' He went on to say that 'what we did today puts an end to a discussion on legitimacy that had lasted for years, alm...Read More
As markets continue to roar forward, many investors have turned their gaze toward the commodity world, wondering how this asset class will fare after a "super-cycle" filled with gains. While there are a number of important factors at play, it is widely agreed that China will have a significant impact on the future of some of the world's most popular hard assets. What is not widely agreed upon, is...Read More
It's a special edition of "At the Bar" from PDAC 2013 as we're joined by not only Brent Cook (Exploration Insights), but also Graham Brown (Anglo American Group), Ron Stewart (Clarus Securities), Douglas Kirwin (former Ivahoe Mines), and Simon Ridgway (Goldgroup Mining/ Radius Gold)! Kitco News' Daniela Cambone and Alex Letourneau have an extensive conversation with the veteran miners-- this is an...Read More
The government saw that monopolies were bad in 1890, over 123 years ago, when it passed the Sherman Act. http://www.ftc.gov/bcp/edu/microsites/youarehere/pages/pdf/FTC-Competition_Antitrust-Laws.pdfMonopolies happen in a competitive "free" market only when the monopolizer engages in many kinds of unfair business practices which are comparable to extortion, usually taking the form of some kind of t...Read More
Suspense (1949): "Photo Finish"(23 May 1950).From IMDb: "The former medical examiner who had falsified information in a murder case years earlier returns to town. Lawyer Robert Quartermain, who was involved in the trial, kills the ex-examiner, careful to leave no clues behind. But, he hadn't planned on having his picture taken by a street photographer when he was leaving the scene of the crime. Re...Read More
Olly Murs - Troublemaker This is one of my favourite songs so I thought I would do a little cover of it!Please rate , comment , subscribe...all that sh'bang...And you can follow me on twitter and keek if you have nothing else to do!https://twitter.com/markodea8http://www.keek.com/markodea8Recorded at Kickstart StudiosVideo By Aidan Bell www.aidanbell.comRead More