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Be about your business citizen... (Free subscription) | yesterday
| International
The financial system is in chaos the taxpayer is riding to the rescue and all of a sudden the idea that these city workers with their gigantic salaries and even bigger bonuses might be overpaid has moved from being the rantings of left wing, politics of envy madmen like me to commonly held popular opinion. Despite the chaos, the city's PR machine appears to be in full on spin mode, here, for example...
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World Affairs Board (Free subscription) | 09/10/2008
| International
Quote: Medvedev promotes new security pact * Julian Borger, diplomatic editor and Luke Harding in Moscow * The Guardian, * Thursday October 9 2008 Russia's president, Dmitry Medvedev, outlined plans yesterday for a new security pact to ban the use of force in Europe and defuse increasing tensions between Moscow and Nato. Yesterday's speech at the World Policy Conference in Evian, France, was intended...
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Blowin' In The Wind (Free subscription) | 07/10/2008
| International
I would be surprised if this year's Nobel Prize for Literature goes to any English language writer, for Doris Lessing won the award last year and English language writers have been getting the award every alternate year since 2001 when...
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EU Referendum (Free subscription) | 07/10/2008
| International
They've done it! The Guardian reports, "EU says to relax mark-to-market accounting rules." Banks in the European Union "will be allowed" to skirt an accounting rule blamed by critics for exacerbating the impact of the credit crunch and triggering fire sales of assets, EU president France said on Tuesday, the report reads. "EU finance ministers agreed to change how the mark-to-market rule is applied...
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Rising Hegemon (Free subscription) | 07/10/2008
| International
Guardian : The American author of a bestselling critical biography of Barack Obama containing the false allegation he was raised a Muslim has been detained in Kenya. Jerome Corsi, who wrote The Obama Nation: Leftist Politics and the Cult of Personality, is being held at immigration headquarters in Nairobi while his immigration status is checked. Police picked Corsi up from his hotel today because he...
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Economist's View (Free subscription) | 07/10/2008
| International
Paul Collier says the financial crisis presents a chance to stop looting in Africa: A chance to crack down on Africa's loot-seeking elites, by Paul Collier, Comment is Free: ...A criminal can safely be put in charge of a fish-and-chip...
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Shakespeare's Sister (Free subscription) | 08/10/2008
| International
My debate wrap-up piece for The Guardian 's Comment is free America is now up. Before Barack Obama and John McCain are even introduced, I am struck with wonderment at the staging for the event, which is being held in what appears to be an airtight, windowless bomb shelter gussied up with an ocean of cheap red carpet, a vivid blue wall, one jarringly incongruent purple podium, and risers bought from...
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MarketBeat (Free subscription) | 07/10/2008
| International
How do you know your country’s finances are in trouble? When you’re looking to Russia for a loan . The worldwide turmoil in the banking system did not originate in Iceland, and will not end in Iceland, but that country may be one of the hardest-hit. The country is in the midst of trying to secure loans for its largest banks, in part from Russia, and announced plans to peg its currency to the euro,...
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NewsBusters (Free subscription) | 09/10/2008
| International
A single report by KFYI radio of Phoenix, Arizona highlights a shocking claim made by the Department of Housing and Urban Development (HUD). HUD says that five million illegal aliens hold illegal mortgages. This is just one more example of the lax lending laws put into place by Democrats like Barney Frank that have contributed to this economic crisis. One would think this would be big news. But, so...
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Crooks and Liars (Free subscription) | 07/10/2008
| International
Demonstrators outside the Islamabad Stock Exchange in July The UK's Daily Telegraph reports that Pakistan may be the first nation to go bankrupt as a result of the continuing global financial meltdown. Officially, the central bank holds $8.14 billion (£4.65 billion) of foreign currency, but if forward liabilities are included, the real reserves may be only $3 billion - enough to buy about 30 days...
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normblog (Free subscription) | 05/10/2008
| International
According to Professor Jeffrey Sachs, as reported in the New York Times, Zimbabwe's hyperinflation is now among the five worst of all time:Like countless Zimbabweans, Mrs. Moyo has calculated the price of goods by the number of days she had...
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Althouse (Free subscription) | 05/10/2008
| International
The Turing test, applied: The test will be carried out by human 'interrogators', each sitting at a computer with a split screen: one half will be operated by an unseen human, the other by a program. The interrogators will then begin separate, simultaneous text-based conversations with both of them on any subjects they choose. After five minutes they will be asked to judge which is which. If they get...
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Word The Cat (Free subscription) | 07/10/2008
| International
‘useful’ is an underused word. “So I shall, instead, keep this review extremely short and state simply that RADIANCE OF SHADOWS contains some of the most shattering and emotionally exhausting music ever laid down, and that its incredible usefulness lies in the fact that – however tiring your day was – listening properly to music of [...]
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Brewed Fresh Daily (Free subscription) | 04/10/2008
| International
Low on gaffes, high on charm, Palin wins friends – but needs many more Republican spirits lifted but polls tell different story A win for low expectations? You betcha US: Palin holds ground, but Biden wins The Palin subplot Off the chain, Palin has bite Palin stops the bleeding, just Flirting her way to victory
