Europe’s shadowy new parallel government
The Cannes G20 summit was marked by the emergence of a new "political-economic lobby", reports El Mundo: the Groupe de Francfort, or Frankfurt Group (GdF), which is composed of eight public figures:...
View ArticleBritain to deploy ‘sonic cannon’ at Olympics
Britain’s military will be armed with a sonic device that can be used as a high-volume loudspeaker or a non-lethal weapon to disperse crowds at this summer’s Olympic Games in London, the defense...
View ArticleTurkey: From regional to global player
With its growing political influence, Turkey is seeking a stronger role in world politics. However, its domestic political problems, as well as regional crises, pose major challenges to its foreign...
View ArticleDon’t Mention Argentina and Greece In the Same Breath!
Judging from conversations I had in Europe a few weeks ago with journalists, academics, and policymakers (including at least one foreign minister), I’d say there’s growing worry about two countries...
View ArticleWorld powers eye emergency food meeting; action doubted
Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to address soaring grain prices caused by the worst U.S. drought in more than half a century and poor crops from...
View ArticleFrance pushes for strategic food stocks to cool prices
French President Francois Hollande said on Tuesday he was trying to persuade other world leaders to create strategic stockpiles of agricultural commodities to prevent extreme food price swings on...
View ArticleDanger of currency wars with more quantitative easing by central banks
In the eurozone, euphoria followed ECB's Sept 6 readiness to buy unlimited quantities of short-dated government bonds of nations signed up for the rescue. This was followed on Sept 13 with the US Fed...
View ArticleCanada’s Spy Groups Divulge Secret Intelligence to Energy Companies
The Canadian government has been orchestrating briefings that provide energy companies with classified intelligence from the Canadian Security Intelligence Service, the RCMP and other agencies, raising...
View ArticleG20 Encourages an Intellectual Currency War
This has certainly not been a dull week in capital markets. The intraday investor has been exposed to just about everything. As of Friday, we have a commodity market that is telling the investor that...
View ArticleSaudi-Turkey rapport bodes well for global influence
The current political rapport between Riyadh and Ankara is an exciting development. If harmonized, it could completely result in the two countries achieving significant influence at regional and...
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