Hard hitting global and local news
Hard hitting global and local news
In a case of Dutch Discontent, Socialists Ride Wave of Anti-EU Sentiment The economy is in trouble and unemployment is rising — in the Netherlands as in much of the rest of Europe. Ahead of upcoming elections, the Socialists are riding a wave of euro-skepticism and may emerge as the strongest political force in the country. According to the polls, [Emile Roeme] the former elementary school teacher could become the next prime minister of the Netherlands
Just 14% expect today’s children to be better off than their parents Just 31% believe the U.S. economy will be stronger in one year Just 27% think the country is heading in the right direction. Just 24% of American Adults believe the job market is better than a year ago 44% think the job market is worse, up 15 points from June Demographics Suggest Majority is Right I happen to agree with the majority who think those now graduating from high school will not be better off than their parents. There are too few jobs, too much student debt, and too few workers supporting too many retirees on Social Security
Problem in Europe is Arithmetic, Not Confidence; Why the Eurozone Cannot Possibly Survive Intact Via email, Michael Pettis at China Financial Markets makes a compelling case why Spain is destined to leave the euro. For ease in reading, I added the subtitles in bold
Link: UN Vote on Syria Reflects Changing Battlefield
July 13, 2012 The Russian Duma has just passed amendments to the Russian NGO law. Russian NGOs receiving foreign funding will now have to register at the Ministry of Justice as an “NGO carrying out functions as a foreign agent†, make public their sources of funding by marking it on the materials they distribute, and report semi-annually to the Ministry of Justice on their activities. This law, a great majority of Russians believe, is long overdue.
I’m planning to write a post on how a revenue neutral carbon tax might, just might, have a shot in the US in the medium term. First though I have to disagree with William’s argument that a revenue-neutral carbon tax is the only way to go – or to be more fair, is the best political approach