September 2, 2013 0

India in Serious Trouble (and Gold at the Heart of It)

By News Desk

India in Serious Trouble (and Gold at the Heart of It) Last week India’s trade minister, Anand Sharma, came out with a laughable suggestion: RBI should consider monetizing gold . India’s central bank should look into the possibility of monetizing gold holdings, trade minister Anand Sharma said on Thursday, in the latest proposal aimed at combating a yawning current account deficit that has hammered the rupee. It was not immediately clear whether Sharma was referring to the 557.7 tonnes of gold the Reserve Bank of India (RBI) holds in its own reserves, or gold in private hands

September 1, 2013 0

The Politics and Strategy of War on Syria

By News Desk

Links The Politics and Strategy of War on Syria Eric Draitser of StopImperialism.com appears on Press TV on Friday August 30, 2013  to discuss the latest on the situation in Syria.  He examines the political divides that exist in the US ruling establishment between military and civilian factions.  Draitser explains how Syria might respond to any military strike, including widening the conflict to other parts of the region.  He also lays out the scenario for a possible escalation before any strikes might take place.

August 31, 2013 0

Berlusconi Threatens to Topple Italian Government if Expelled From Senate

By News Desk

Former prime minister Silvio Berlusconi, convicted of tax fraud, Threatens to Topple Letta If Expelled From Senate Silvio Berlusconi threatened to bring down the Italian government if Prime Minister Enrico Letta’s Democratic Party votes to expel the three-time former premier from the Senate.“We’re not available to keep the government going if the left decides to prevent the head of the People of Liberty from remaining in politics,†Berlusconi told a rally organized by the Army of Silvio supporters’ association late yesterday, according to a statement released by the group. Letta is struggling to contain tensions that have strained his coalition government since Italy’s top court upheld Berlusconi’s tax-fraud conviction on Aug

August 30, 2013 0

Freedom Fries are Out – French Fries and French Toast Back In

By News Desk

Today, the Financial Times warmongers and interventionists whined The Syria vote brings to an end decades of delusion This week’s events will have an impact. They will strengthen a rising US perception that Britain is an ally pulling back from the world. Mr Cameron’s decision to call a referendum on EU membership fits this picture