SECRETARY KERRY is hitting the skies on his first overseas diplomatic mission and it’s going to be a grinding trip. From February 24 to March 6, Kerry is traveling to the United Kingdom, Germany, France, Italy, Turkey, Egypt, Saudi Arabia, UAE, and Qatar. From the State Department, some details: The Secretary travels first to London, [...]
Tag Archives | Germany
Holiday Festivities and Something for Sparkling Wine and Champagne Lovers
FESTIVE NIGHTS! We haven’t had time together since we were married, 10 years ago last week. Not one vacation or even a long weekend alone, let alone when I wasn’t plugged into the world and my devices. It was well earned and deserved, not to mention so very needed. I unglugged completely, which was quite [...]
Olympic Diving Disaster
THE GERMAN diver Stephan Feck lost his footing on the board and landed with a splat. Judges awarded him zeros. Feck had company, but it’s been a tough Olympics for Germany. China’s Qin Kai, who was leading at the time, completely mis-timed one of his last dives, drawing a dismal score of 3.5. Britain also [...]
Pro Austerity Pasok Wins in Greece, But Tsipras Isn’t Going Anywhere
An early risk asset rally has faltered as traders turn their attention away from Greece and to rising Spanish bond yields. – Financial Times TOO CLOSE TO CALL ended with pro bailout, conservative New Democracy party winning the election in Greece. The elites did, too, as did the banks, but it was a close one [...]
Greek Elections Sunday: Will Anti-Austerity Party Syriza Win?
Central banks from Tokyo to London checked their ammunition on Friday in preparation for any turmoil from Greece’s election, with the European Central Bank hinting at an interest rate cut and Britain set to open its coffers. – Reuters ALL EYES ON GREECE tomorrow for what could evolve into a game-changing world event vote. Will [...]
Panties in A Bunch Over Politico
Let’s call this article for what it was. It wasn’t journalism. It was business. – Devin Gordon, GQ TINA BROWN didn’t call her new media blog The Daily Beast for nothing. It’s a ravenous industry, whether the new media company is large or tiny, with every report, post or column a moment to get more [...]
Pres. Obama “Misspoke” on ‘Polish Death Camps’
IT’S HARD to understand how anyone could make this particular mistake, first reported by Buzzfeed. The only way it breaks down is that the death camps were in Poland, so they were “Polish death camps.” It’s ridiculous to anyone knowing history, which I’m certain Pres. Obama does. It’s a lot easier to understand making a [...]
German Voters Reject Conservative Austerity, But Will America?
WILL AMERICANS embrace austerity through Mitt Romney’s candidacy and his advocacy for Paul Ryan’s budget, just as Europe is turning away from austerity after having learned it doesn’t work? It’s the 2012 $64,000 question. Merkel’s loss comes in the wake of socialist and anti-austerity candidate François Hollande’s victory in France, with the American presidential election [...]
Anti-Austerity François Hollande Elected President of France
Mr. Hollande, the first Socialist French president in nearly two decades, has vowed to pursue efforts initiated by Mr. Sarkozy to reduce the government’s budget deficit. But he said he would ask wealthy households to contribute more by raising taxes to 75% from 41% for people earning more than €1 million ($1.3 million) a year. [...]
Romney Takes Big Lead in South Carolina
**UPDATED** video platformvideo managementvideo solutionsvideo player Mitt Romney’s opened a whopper of a lead in South Carolina. Who says negative attacks can’t work, this time in reverse, especially when they shoot as wildly as When Mitt Romney Came To Town, and go well wide of the mark. The poll showed 37 percent of South Carolina [...]
What Might Happen Around the World in 2012?
Global recession with a surprise winner or two – The Eurozombies may avoid catastrophe but instead produce a macroeconomic remake of Night of the Living Dead. Recession in austerity-bound Europe will only be worsened by the sweeping downturn already taking place in the emerging world, and the result could be a deeper slump worldwide. But [...]
Pakistan to Boycott Conference on Afghanistan Future
According to Afghan security officials, their commandos were engaged with U.S. Special Operations troops in a nighttime raid against suspected Taliban insurgents when they came under cross-border fire and called in an airstrike. – Afghans say commando unit was attacked before airstrike was called on Pakistan Watching the reaction of the Pakistanis after the NATO [...]
Progressive Notes: The Left Takes French Senate in Blow to Austerity
Art offers his perspective as a movement progressive activist. Well, we saw an earthquake in Denmark as the Left returned to power. Now eyes are on France in a stunner: the French Left has taken the Senate. This is huge news. The Left has not held the French Senate since the formation of the 5th [...]
FT: Obama’s Planned Cuts to Medicare, Medicaid and Social Security **UPDATED**
The Financial Times lays out what has been talked about for months and months, with Pres. Obama set to deliver a speech on deficit reduction on Monday. It begins with the way the U.S. government measures inflation, which would deliver “a less generous chained-consumer price index,” to quote FT. This decision alone would devastate elderly [...]
Well, That Worked Out Well
The original intent of the no-fly zone was to prevent carnage in Benghazi. It did. Now fears are growing that a humanitarian crisis is coming across Libya. Who could have predicted that? After all, war never causes these types of secondary issues– Oh, strike that. Pres. Obama and his administration say this isn’t a war. [...]
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