Tag: china

EU Bureaucracy has Lost Control of Italy; Social Mood Turns Black
October 29, 2012 0

EU Bureaucracy has Lost Control of Italy; Social Mood Turns Black

By News Desk

Berlusconi Attacks Monti and Germany Berlusconi is back with a frontal attack to Mario Monti, Germany, Angela Merkel and the EU imposed austerity during a 1.5 hours press conference near Milan on Saturday, 10/27. Berlusconi might withdraw support to Monti’s government already this week leading to early national elections in January or February.  This will be fought tooth and nail by the Italian and EU establishments.  Berlusconi wanted to announce the withdrawal of his support for Monti’s government already during the call on Saturday but his family and counselors managed to convince him ponder the decision for a few more days.

Poll Shows Overwhelming Support for Secessionist Candidates in Catalan Election
October 28, 2012 0

Poll Shows Overwhelming Support for Secessionist Candidates in Catalan Election

By News Desk

Poll Shows Overwhelming Support for Secessionist Candidates in Catalan Election Posted by Michael Shedlock at 12:44 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy

Spanish Home Loans Plunge 28.5% to Record Lows; Brussels Revises Spain’s Deficit Upward to 9.4% of GDP
October 24, 2012 0

Spanish Home Loans Plunge 28.5% to Record Lows; Brussels Revises Spain’s Deficit Upward to 9.4% of GDP

By News Desk

Today we learned from El Pais English edition that Brussels Revises Spain’s Deficit Upward to 9.4% of GDP The European Union’s statistics office, Eurostat, on Monday said it had revised Spain’s public deficit for last year upward from 8.5 percent of GDP to 9.4 percent to reflect state injections of capital into nationalized banks. That put Spain on a par with Greece and only behind Ireland, whose shortfall was 13.4 percent of GDP, in the EU