Spain’s Experience with the ‘Green’ Economy: Save the Planet, Lose Jobs

WASHINGTON — The Spanish professor is puzzled. Why, Gabriel Calzada wonders, is the U.S. president recommending that America emulate the Spanish model for creating “green jobs” in “alternative energy” even though Spain’s unemployment rate is 18.1 percent — more than double the European Union average — partly because of spending on such “green” jobs? Calzada, […]

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China Rides to the Euro’s Rescue

American Secretary of State Hillary Clinton was reported to have remarked that it was difficult to negotiate with one’s banker in reference to America’s relationship with China. A large chunk of China’s $3,000,000,000,000 of reserves is in dollars. America’s huge indebtedness provides China with an advantage in negotiations with the United States. Of course, the […]

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US And Europe ‘Face Christmas Terror Threat’

Islamic terrorists are planning suicide attacks in the US and Europe over the Christmas period, insurgents captured in Iraq have reportedly claimed. News of their suspected confessions came from Iraqi officials as an American intelligence source confirmed the threat as credible. Among the alleged plots revealed by Muslim rebels was last weekend’s failed bombing in […]

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UK: Violent Riots Loom as Cuts Bite

(Reuters) – The mounting intensity of riots against higher university fees suggests that more and more ordinary people may be angry enough about austerity cuts to take to Britain’s streets in coming months. Thousands of students and others laid siege to London’s government district on Thursday, producing scenes of fighting, vandalism, horseback police charges and […]

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Riot Breaks out on Streets of Rome

Riots erupted on the streets of Rome as protesters failed to come to terms with the fact that Teflon-coated Berlusconi, 74, had scraped through by just three votes. Inside the parliament chamber, ushers had to pull apart brawling MPs and members of the opposition claimed crucial votes had been ‘bought’ by his party’. An investigation […]

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