Source: NYTimes.com A board member of Germany’s central bank provoked strong criticism on Sunday after saying that “all Jews share a particular gene” that “makes them different from other peoples,” and that Muslim immigrants across Europe are unwilling or incapable of assimilating into Western societies. Chancellor Angela Merkel said the Bundesbank should consider dismissing the [...]
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Someone buy this dummkopf woman a map so she can see that there are other places in Europe other than Deutschland. Related posts US Special Forces briefing to Congressman Miller exposes involvement in 19 Latin American countries during 2009 including Honduras US military Intelligence, Surveillance and Recon manual, final draft and cover, FM 2-01 Military [...]
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Source: Telegraph The purchase was enough to move the entire global cocoa market, sending the price to the highest level since 1977, and triggering rumours and intrigue in the City. It is unclear which person, or group of traders, was behind the deal, but it was the largest single cocoa trade for 14 years. The [...]
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Source: Bloomberg.com
Global policy makers are starting to clash over their individual prescriptions for recovery as Europe demands lower budget deficits while the U.S. warns against pushing exports instead of domestic demand.
At a meeting of Group of 20 finance chiefs in Busan, South Korea, June 4-5, Treasury Secretary Timothy F. Geithner said the world cannot [...]
Source: Telegraph
Flight to safety drove yields on 10-year German Bunds to 2.56pc, below the levels touched in the depths of the Great Depression. The spreads over peripheral European debt rose sharply again, jumping to 137 basis points for Italy, 157 for Spain and 220 for Ireland.
The strains in Europe’s sovereign debt markets are nearing [...]
