Showing posts from November, 2015

The U.S. Dollar Has Already Caused A Global Recession And Now

The U.S. Dollar Has Already Caused A Global Recession And Now The Fed Is Going To Make It Worse By Michael Snyder, on November 22nd, 2015 The 7th largest economy on the entire planet, Brazil, has been gripped by a horrifying recession, as has much of the rest of South America.  But it isn’t just South America that is experiencing a very serious economic downturn.  We have just learned that Japan (the third largest economy in the world)has lapsed into recession.  So hasCanada.  So has Russia.  The dominoes are starting to fall, and it looks like the global economic crisis that has already started is going to accelerate as we head into the end of the year.  At this point, global trade is already downabout 8.4 percentfor the year, and last week the Baltic Dry Shipping Index plummetedto a brand new all-time record low.  Unfortunately for all of us, the Federal Reserve is about to do something that will make this global economic slowdown even worse. Throughout 2015, the U.S. dollar has been…

ISRAEL threatened

Compromise for Now, the End of Israel for LaterThat’s what Palestinians say they want. What does this bifurcated attitude mean for policymakers? 

Against the bloody background of stabbings and other deadly violence in Israel and the West Bank, Daniel Polisar’s thorough analysis of Palestinian polling data, “What Do Palestinians Want?,” makes essential reading for anyone interested in more than just the grim daily headlines. His central point—that the majority of Palestinians in the West Bank and Gaza have long supported “armed struggle” against Israelis—is not only accurate but a fact regularly distorted by media focus on the seemingly “individual” nature of today’s terrorist incidents. Polisar’s conclusions, moreover, are well grounded in exhaustive research into the mounds of survey data that have piled up ever since the first Oslo accords of 1993—which is when I myself started to work with Palestinian colleagues in launching the first scientific polls of the Palestinian population…

No mercy from me, Najib’s in-law

No mercy from me, Najib’s in-law told terrified Hermes bag seller Bella Belkin, the businesswoman who was trying to recover payment for Hermes bags bought by Maira Nazarbayeva and her son, was terrified when the latter dropped Prime Minister Najib Abdul Razak’s name and threatened to harm her. Bella’s family was threatened by Maira at least three times since June this year, according to court documents obtained byMalaysiakini. “As a result of Maira’s repeated threats to both Bella and (husband) Edward Belkin, the Belkins feared for their safety and for the safety of their children,” it said. According to the documents filed with the Southern District of New York, the first threat, where Najib’s name was used, happened during a telephone conversation on June 16 this year. The document claimed Maira said: “You know who my son is! He is son-in-law of the prime minister of Malaysia. “Do you know what we can do to you and your family? I will hurt you. I will hurt you and your family if yo…

Malaysia one of the most corrupt nations, survey shows

Malaysia one of the most corrupt nations, survey showsBY JENNIFER GOMEZ Published: 27 September 2013 11:20 AM Malaysia has been ranked as one of the most corrupt nations and listed as a country which is most likely to take shortcuts to meet targets when economic times are tough, according to a recent survey by Ernst & Young, signalling that the government's Performance Management and Delivery Unit (Pemandu) has failed in its role to transform the economy. Malaysia, along with China, has the highest levels of bribery and corruption anywhere in the world, according to the latest report, Asia-Pacific Fraud Survey Report Series 2013. This year's survey polled 681 executives in China, Singapore, Australia, New Zealand, Indonesia, Vietnam, Malaysia and South Korea. About half of the 681 executives polled on their perception of fraud felt that China, Indonesia, Malaysia and Vietnam were the worst in bribery and corruption. Those polled were employed at corporations with a turnove…