Posted on 19 November 2011. Tags: Business & Finance, Economics, Economy, Euro, euro zone financial crisis, European Central Bank, Goldman Sachs, Goldman Sachs Alumni, International Monetary Fund, Mario Monti, MF Globa, moral hazard, Silvio Berlusconi, Sovereign Debt Crisis, Technocrats, too big to fail
The euro zone financial crisis has seen its share of historical events but none more telling than the recent ascension of Mario Monti to the Italian Prime Minister’s chair. With the removal of Berlusconi and the rise of a government of technocrats determined to right Italy’s financial ship of state, yet another European nation’s leadership [...]
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Posted in Global Economy
Posted on 19 November 2011. Tags: April 6 Movement, Cairo, Egypt, Egyptian Revolution, Egyptian Supreme Council of the Armed Forces, Friday of One Demand, Hosni Mubarak, Islamists, Middle East, Muslim Brotherhood, Salafists, Tahrir Square
Thousands upon thousands of protestors have amassed once again in Egypt’s famed Tahrir Square to protest the continued military rule of their country and to demand the process of transition to a civilian-led government. Called the “Friday of One Demand,” the protestors were called to action by a recent document released by the military discussing [...]
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Posted in World
Posted on 19 November 2011. Tags: Andrei Zaostrovtsev, Business & Finance, Dmitry Medvedev, Economics, Economy, Europe, OpenDemocracy.net, Personal Property, Rights of Ownership, Russia, Russian economy, Russian oligarchs, socialization, State-owned industries, Vladimir Putin
Andrei Zaostrovtsev asks this very pointed question in his article for OpenDemocracy.net, “Privatisation, but No Private Property.” After the fall of the Soviet Union in 1991, many of the state-owned industries were reorganized and sold off to investors by the state, many of these investors becoming very rich off of their purchase of Soviet capital [...]
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Posted in World
Posted on 19 November 2011. Tags: Arab League, Bashar al-Assad, Civil Uprising, Human Rights, Middle East, NATO, Russia, Russian Intervention, Russian Warships in Mediterranean, Syria, United Nations General Assembly, United Nations Security Council, United States, Violence
Syria’s unrest continues and now Russia has involved itself in the preservation of the al-Assad regime by announcing it is moving warships into Syrian territorial waters to prevent any intervention in Syria’s domestic situation by foreign powers like NATO or Turkey. During the overthrow of Qaddafi, NATO warships and planes provided great assistance to the [...]
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Posted in World Politics