April 2015 archive

Are the Greek Government’s goals so far from Troika’s?

“The current disagreements with our partners are not unbridgeable. Our government is eager to rationalize the pension system (for example, by limiting early retirement), proceed with partial privatization of public assets, address the non-performing loans that are clogging the economy’s credit circuits, create a fully independent tax commission, and boost entrepreneurship. The differences that remain …

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Economic inequality in the USA

If you want to know more about the perception of inequality by US citizens, and how far it is distant from reality, you must read the work of Nick Fitz, a graduate student at the National Core for Neuroethics at the University of British Columbia, on Scientific american, to discover the real conditions are far …

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Greece in the arms of Russia and China

Following the “suggestion” from rhe Germany’s finance minister Wolfgang Schauble who said the Greeks are free to pursue deals with Russia and China as they rush to avoid an impending bankruptcy, the Greek Government is to sign an agreement with the Russian President, Vladimir Putin, after the many deals China closed in logistics and industry …

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Financial engineering is back, International Monetary Fund warns

“IMF tells regulators to brace for global liquidity shock”, Ambrose Evans-Pritchard report on The Telegraph. “Investors are borrowing money to buy shares on the US stockmarket at a torrid pace and are resorting to the same sorts of financial engineering that preceded the last two financial crises. (…) The report said there are clear signs …

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Fondo di Garanzia PMI: circolare di rettifica dell’efficacia contributiva

E’ stata emanata la Circolare n. 6 del 30 marzo 2015 con la quale Banca del Mezzogiorno – MedioCredito Centrale, mandataria del RTI gestore, comunica l’aggiornamento dei quadri riassuntivi dell’efficacia contributiva degli interventi del Fondo di Garanzia per le Pmi di cui alla Parte VII delle Disposizioni Operative. La variazione fa seguito alla rettifica del …

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Bomb Iran? Not now: Bomb Yemen

“Bomb Iran? Not now; the new normal is bomb Yemen. But still bomb Iran might be back in a flash. Pentagon supremo Ash Carter confirmed last week “all options are on the table” even if an Iran-P5+1 nuclear deal is finally reached in June. So, for the record, the Pentagon is affirming nuclear negotiations are …

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Dollar hegemony and the Iran nuclear issue

A useful historical compendium of the last two decades is in the article by Peter Koenig on the Information Clearing House website, reminding how the most crucial moves in Middle East, including the last “wars for democracy”, might be strictly related to another war: the one for dollar supremacy in the world. The conclusions are …

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