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Marc Faber: World economy setting itself up for a bigger bust (21.11.09)
"The crisis has not solved anything. On the contrary there is less transparency today than there was before. The government's balance sheet is expanding, and the abuses that have led to the one cause of the crisis have continued.
"I think eventually there will be a big bust and then the whole credit expansion will come to an end. But before that happens, they will print money, and they will grow into very high inflation rate, and the economy will not respond.
"The average family will be hurt by that, and then in order to distract the attention of the people, the governments will go to war. People ask me against whom? Well, they will invent an enemy."
EU court: No customs breaks for Israeli goods from settlements | Haaretz (01.11.09)
Israeli goods produced in West Bank settlements are not eligible for customs benefits in the European Union, stated an advocate general of the European Court of Justice last week. Der Spiegel recently reported that a third of Israeli exports to Europe are made in part or in full in the territories.
Living standards continue steep fall in Eastern Europe | WSWS (24.10.09)
Twenty years after the reintroduction of capitalism in the Soviet Union and Eastern Europe, a World Bank report acknowledges that a third of the population in the region lives in poverty. World Bank demands cuts in social spending, after Wall Street investors and hedge fund managers ruined standard of living for many.
The Berlin Wall Came Down, Others Went Up | IPS (12.10.09)
The walls, he said, are not just a restriction. They are also revealing - revealing the narrow-mindedness and perversion of those who erect them.
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The walls, he said, are not just a restriction. They are also revealing -
revealing the narrow-mindedness and perversion of those who erect them. -
Aminata Traoré, a Malian author, politician, and political activist, spoke of
"GDP walls" erected along the Gross Domestic Product (GDP) of countries, that
serve to isolate groups of countries on the basis of their economic
performance and the market value of their goods and services.
The erection of GDP walls has been accompanied to some extent by open
market borders. This has benefited multinational companies, but resulted in
unemployment, illiteracy and poverty. The number of deaths has never been
higher in Africa.
Boykott, Desinvestment und Sanktionen | Telepolis (05.10.09)
Die Meldungen über Boykottinitiativen, den Abzug von Investitionen aus oder Sanktionen gegen Israel häufen sich. Im September hat der britische Gewerkschaftsverband TUC auf Antrag der Gewerkschaft der Feuerwehrleute den Boykott aller Produkte aus israelischen Siedlungen beschlossen und die Einstellung der Waffenlieferungen an Israel sowie die Aussetzung des Assoziierungsabkommens der EU mit Israel gefordert. Im selben Monat wurde in Spanien eine in der Westbanksiedlung Ariel gelegene Hochschule von einem akademischen Wettbewerb zur nachhaltigen Stadtentwicklung ausgeschlossen. In Brasilien sprach sich die für Außenpolitik und nationale Verteidigung zuständige parlamentarische Kommission gegen die Ratifizierung des Mercosur-Freihandelsabkommens mit Israel aus. In der Schweiz hat anläßlich des WM-Qualifikationsspiels zwischen Israel und der Schweiz gerade eine Kampagne zum Ausschluß Israels aus der FIFA begonnen.
Israel: Stop Blocking School Supplies From Entering Gaza | Human Rights Watch (09.09.09)
Israeli authorities should immediately lift restrictions that have left students in Gaza's public schools without textbooks and the most basic school supplies, such as notebooks and pens, Human Rights Watch said today. Israel severely limits imports into Gaza of a wide variety of basic goods, from food to construction materials.
Casino Capitalism as Usual | Mark Engler, FPIF (30.09.09)
Last week's Group of 20 (G20) meeting in Pittsburgh brought together leaders from the most significant players in the global economy and charged them with renovating the financial system at the heart of the economic crisis. Change was on the agenda, and the heads of state claimed to deliver. As the summit concluded, The New York Times hailed the meeting's final statement as a momentous shift, reporting that "Leaders of G20 Vow to Reshape Global Economy."
Fair Trade Takes Off | IPS (01.10.09)
Fair trade is becoming popular in Central and Eastern Europe, as activist groups raise awareness of the region's responsibility towards the rest of the world, and open an increasing number of fair trade shops and cafes.
ECONOMY: 'Too Early To Declare Success' | IPS (02.10.09)
The official opening of the annual meetings of the World Bank and the International Monetary Fund (IMF) is scheduled for Oct. 6, but political activities and tension have already taken control of the daily life of Istanbul.
Simbabwe: Nestlé stoppt umstrittenen Milchdeal mit Mugabe | SPIEGEL (02.10.09)
Nestlé arbeitet nicht länger mit der Frau des simbabwischen Diktators Mugabe zusammen. Eine Menschenrechtsorganisation hatte kritisiert, dass der Schweizer Lebensmittelkonzern Milch von einer Farm der Präsidentengattin bezog - und mit Boykotten gedroht.
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"Erklärung von Bern" (EvB)
Verfälschung von Lissabon-kritischer Rede auf Euronews | BüSo (01.10.09)
Die deutsche Fassung des Euronews-Interviews mit dem ehemaligen italienischen Minister und Verfassungsrechtler Prof. Giuseppe Guarino ("Wenn ein EU-Mitgliedstaat den Reformvertrag von Lissabon akzeptiert..."), ausgestrahlt am 28. und 29. September beinhaltet gravierende Übersetzungsfehler, die einfach nicht nur mit Inkompetenz erklärbar sind. An Schlüsselstellen ist Prof. Guarinos Meinung in ihr Gegenteil verkehrt worden!
Wall Street's Near-Meltdown Gave Rise to New Lies About the Economy, All Designed to Blame Anyone But Those Responsible | Nomi Prins (29.09.09)
To hear it from the big financial companies, the big crash started when poor people bought homes they couldn't afford. But that was at most 1% of the problem.
Wall Street's Near-Meltdown Gave Rise to New Lies About the Economy, All Designed to Blame Anyone But Those Responsible | Nomi Prins (29.09.09)
To hear it from the big financial companies, the big crash started when poor people bought homes they couldn't afford. But that was at most 1% of the problem.
Can 400 Green Labels Do Anything But Confuse The World's Consumers? | TreeHugger (28.09.09)
a near-perfect way to devalue the whole idea of a environmental ratings system for consumers
New European Regulation Against Illegal Fishing Raises Concerns in Africa | ISS (28.09.09)
The European Commission has passed far-reaching regulations designed to restrict the flow of illegal fish into European markets. The regulation places obligations on countries wishing to export to the EU and they will come into force in January 2010. It is a matter of some concern whether African countries will be ready and able to respond.
The global jobs crisis | WSWS (20.09.09)
New OECD reports on unemployment, poverty and hunger released this week demonstrate that the global economic crisis is being used to effect a basic restructuring of social relations characterized by long-term high unemployment and the impoverishment of the working class.
The Virtues of Deglobalization | Walden Bello, Foreign Policy In Focus (03.09.09)
The current global downturn, the worst since the Great Depression 70 years ago, pounded the last nail into the coffin of globalization. Already beleaguered by evidence that showed global poverty and inequality increasing, even as most poor countries experienced little or no economic growth, globalization has been terminally discredited in the last two years. As the much-heralded process of financial and trade interdependence went into reverse, it became the transmission belt not of prosperity but of economic crisis and collapse.
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