Month: July 2013

July 3, 2013 0

EU officials Give Greece Three Days to Deliver Reforms or Face Consequences; The Eventual Outcome

By News Desk

Reuters reports Greece Has Three Days to Deliver Reforms or Face Consequences . Greece has three days to reassure Europe and the IMF that it can deliver on conditions attached to its bailout in order to receive its next tranche of aid, four euro zone officials said on Tuesday. The lenders are unhappy with progress Greece has made towards reforming its public sector, a senior euro zone official involved in the negotiations said, while another said they might suspend an inspection visit they resumed on Monday

July 2, 2013 0

R Street Part 2

By News Desk

Tweet For several centuries, Eli has been pointing out that he and Barry Bickmore agree on the coming threats from human driven climate change, but probably disagree on how to deal with it.  Bunnies might call this the WG1/WG3 dichotomy.  Mark Boslough , well he and Eli could probably agree that they disagree of WG3, but in both those cases, working from the same physical reality there is at least some possibility that something could be done in the end. Eli would say the same thing in the other direction about folk like Tenny Naumer or even Joe Romm, in the later case Eli is somewhat intermediate with Barry Brook on the other side, since nuclear and renewables complement each other.

July 2, 2013 0

Credit Contraction Exceeds 6% in Spain, Highest Ever in Crisis

By News Desk

Credit Contraction Exceeds 6% in Spain, Highest Ever in Crisis According to prime minister Mariano Rajoy, Spain has been on the verge of recovery for two years. Rajoy has also promised to bring Spain’s budget deficit to 3% of GDP for two straight years. And EU has extended the timeline for Spain to hit that goal from 2012 to 2013 to 2014 to 2015 and now to 2016.