The German city of Frankfurt is continental Europe’s largest financial center and host to the country’s Stock Exchange, countless other financial institutions, and the headquarters of the European Central Bank (ECB) which is responsible for administering the monetary policy of the 18-nation Eurozone. The place is awash with money, as demonstrated by the plush new ECB office building which is …
Nothing Is Right In The Middle East
There is nothing, absolutely nothing right in the Middle East these days. There seems to be no hope left, and no fervor. All that was pure was dragged through filth. All that was great here was stolen or smashed by the outsiders. Enthusiasm had been ridiculed, then drowned, or burned to ashes, or shattered by tanks and missiles. Corruption thrives …
Fears of a new global crash as debts and dollar’s value rise
Greek ministers are spending this weekend, almost five grinding years since Athens was first bailed out, wrangling over the details of the spending cuts and economic reforms they have drawn up to appease their creditors. As the recriminations fly between Europe’s capitals, campaigners are warning that the global community has failed to learn the lessons of the Greek debt crisis – …
Do biofuel policies seek to cut emissions by cutting food?
A study published today in the journal Science found that government biofuel policies rely on reductions in food consumption to generate greenhouse gas savings. Shrinking the amount of food that people and livestock eat decreases the amount of carbon dioxide that they breathe out or excrete as waste. The reduction in food available for consumption, rather than any inherent fuel efficiency, drives …
Europe Must Not Be Forced Into A Nuclear War With Russia
A thermonuclear war today would be not only genocidal but also omnicidal. It would kill people of all ages, babies, children, young people, mothers, fathers and grandparents, without any regard whatever for guilt or innocence. Such a war would be the ultimate ecological catastrophe, destroying not only human civilization but also much of the biosphere. Each of us has a duty …
9 Things Many Americans Just Don’t Grasp (Compared to the Rest of the World)
To hear the far-right ideologues of Fox News and AM talk radio tell it, life in Europe is hell on Earth. Taxes are high, sexual promiscuity prevails, universal healthcare doesn’t work, and millions of people don’t even speak English as their primary language! Those who run around screaming about “American exceptionalism” often condemn countries like France, Norway and Switzerland to justify …
Scientists analysing sophisticated satellite data warn that rises in sea level more rapid than expected are increasing threats to coastal cities and food security.
LONDON, 27 March, 2015 − Satellite observations show that sea level rise may have been underestimated, and that annual rises are increasing. A collaborative effort between maritime organisations and space agencies in measuring sea level rise has come to the conclusion that it has been increasing by 3.1 millimetres a year since 1993 – higher than previous estimates. The evidence …
Chemical Exposure Linked to Billions in Health Care Costs
Exposure to hormone-disrupting chemicals is likely leading to an increased risk of serious health problems costing at least $175 billion (U.S.) per year in Europe alone, according to a study published Thursday. Chemicals that can mimic or block estrogen or other hormones are commonly found in thousands of products around the world, including plastics, pesticides, furniture, and cosmetics. The new research estimated …
US risks epic blunder by treating China as an economic enemy
The United States has handled its economic diplomacy with shocking myopia. The US Treasury’s attempt to cripple the Asian Infrastructure Investment Bank (AIIB) before it gets off the ground is clearly intended to head off China’s ascendancy as a rival financial superpower, whatever the faux-pieties from Washington about standards of “governance”. Such a policy is misguided at every level, evidence …
The US is Pushing The World Towards Nuclear War
NATO countries are to all intents and purposes at war with Russia. The US knows it and Russia knows it too. Unfortunately, most of those living in NATO countries remain blissfully ignorant of this fact. The US initiated economic sanctions against Russia, has attacked its currency and has manipulated oil prices to devastate the Russian economy. It was behind the …










