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European Salon de News, Discussion et Klatsch - 24 March

by DoDo Fri Mar 23rd, 2012 at 02:39:46 PM EST

 A Daily Review Of International Online Media 


Europeans on this date in history:

Onetime veneration day of Simon of Trent, a three-year-old boy whose death in 1475 led to a blood libel charge against local Jews and a veneration as Christian martyr and inofficial Catholic saint only ended in 1965.

More here

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*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Fri Mar 23rd, 2012 at 02:40:06 PM EST
Brussels makes new push for financial tax | EurActiv

European Commission President José Manuel Barroso said yesterday (22 March) that an EU-wide financial transaction tax could save EU countries as much as half of their contribution to the EU budget.

"We are coming with some striking figures to assist the debate," echoed EU budget chief Janusz  Lewandowski, adding that the FTT will be used to finance part of the EU budget and will allow the EU to fund programmes on jobs and growth.

The Commission may push for a tax among a smaller group of members if agreement by all 27 nations proves impossible, via an enhanced cooperation procedure, which requires a minimum of nine countries to agree.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:40:13 PM EST
[ Parent ]
EUobserver.com / Defence / EU countries to reduce dependence on US military
BRUSSELS - European defence ministers endorsed plans on Thursday (22 March) to develop air-to-air refuelling capabilities and field hospitals in a bid to reduce military costs.


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:40:21 PM EST
[ Parent ]
French media lead inquisition into Toulouse killing spree - FRANCE - FRANCE 24

A day after the siege of Toulouse gunman Mohamed Merah came to a dramatic and violent end, the front page of French newspaper Libération presented a list of seven questions it wanted answered.

The left-wing daily summed up the mood in the French media in the aftermath of the 32-hour stand-off between the self-proclaimed Islamist extremist and police commandos.

...Top of the agenda for the French press on Friday was the tactics used by the elite police commandos from the aptly named RAID division, during the 32-hour siege.

..."The killer did not know the police had tracked him down. They should have put three of our guys in the apartment block concealed near his door and waited for him to leave," a police source told Libération.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:40:33 PM EST
[ Parent ]
French officials under fire over Toulouse gunman - FRANCE - FRANCE 24

AP - France's prime minister fended off suggestions Friday that anti-terrorism authorities fell down on the job in monitoring a radical Islamist who gunned down children, paratroopers and a rabbi in a wave of killings that revolted the country.

...Families of the victims, meanwhile, were frustrated that Merah was not taken alive.

"Imad's parents feel that the justice they were expecting was stolen from them," said lawyer Mehana Mouhou, lawyer for the family of the first paratrooper killed, Imad Ibn-Ziaten. "His mother wanted an answer to the question, `why did he kill my son?""



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:40:42 PM EST
[ Parent ]
This is why I think this whole business is going to hurt Sarko the most. Merah was an obvious nutcase who set off red flags galore, yet he wasn't on anyone's radar. No amount of anti-immigrant or anti-Islam rhetoric can hide the fact that this is a major executive fail.

If Sarko can't spin this, we might be heading for a PS/FN runoff.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman

by dvx (dvx.clt ät gmail dotcom) on Sat Mar 24th, 2012 at 07:15:47 AM EST
[ Parent ]
Prisons under the microscope after Toulouse violence - FRANCE - FRANCE 24

AFP - An extremist's killing spree has turned the spotlight on the risk of Islamist indoctrination in prisons, but France's intelligence chief said Mohamed Merah had learned his radicalism alone.

President Nicolas Sarkozy announced in the immediate aftermath of 23-year-old Merah's attacks and violent end that France would take measures to stamp-out extremist proselytising in prisons.

...Celine Verzeletti of the CGT union, which represents prison officers, said: "A few years ago we warned of the need for vigilance, but I have the impression that radicalisation is less common today."

..."Where there's a chaplain, there's no 'self-declared imam'," explained Moulay El Hassan El Alaoui Talibi, head of the Muslim chaplains in French jails. "The chaplain is the benchmark. If there's none, there's a risk."

The number of Muslim clerics working in jails has tripled since 2006 to around 150, he said.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:40:51 PM EST
[ Parent ]
'No evidence' of Mohamed Merah terror link, says French official - Europe - World - The Independent
There is no evidence that gunman Mohamed Merah had links with al-Qa'ida or other terror groups, a French official says.

The official, who is close to the investigation into Merah's killing spree, said there is no sign he had "trained or been in contact with organised groups or jihadists".



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:40:59 PM EST
[ Parent ]
There was another Mohamed in Merah's killing spree: PFC Mohamed Legouad, 25, born in Meyzieux in the outskirts of Lyon. His funeral were held yesterday  at the Grand Mosque of Lyon:

Meyzieu fait ses adieux à son soldat tué à Montauban - Metro Meyzieu bids farewell to her soldier killed in Montauban - Metro
Beaucoup d'émotion jeudi 22 mars à la grande mosquée de Lyon. Une cérémonie s'est tenue à la mémoire de Mohamed Legouad, le parachutiste originaire de Meyzieu, tué le 15 mars à Montauban par Mohamed Merah. Le maire de Lyon, Gérard Collomb, a décrit "un jeune homme de l'agglomération lyonnaise à la fois joyeux et souriant." A lot of emotion Thursday, March 22 at the Grand Mosque of Lyon. A ceremony was held in memory of PFC Mohamed Legouad, a Meyzieu native paratrooper, killed on March 15 in Montauban by Mohamed Merah. The mayor of Lyon, Gérard Collomb, described "a young man from the Lyon metropolis, both cheerful and smiling."
Autour de la famille une dizaine de parachutistes, collègues de Mohamed Legouad, des représentants des communautés juive et chrétienne et des élus lyonnais étaient présents. Patrick Poitou, le commandant du régiment de parachutistes de Montauban, où Mohamed Legouad était engagé depuis bientôt deux ans, a vanté les grandes qualités de ce soldat de 25 ans. Around the family ten paratroopers, colleagues of Mohamed Legouad, representatives of Jewish and Christian communities and elected officials from the Lyon area were present. Patrick Poitou, the commander of the Airborne Regiment of Montauban, where Mohamed Legouad was enlisted for nearly two years, praised the great qualities of this 25-year old soldier.

Sergeant Imad Ibn Ziaten, 30, is to be buried in Morroco on Sunday. A memorial service was held at a mosque in Rouen, France, where his family was living.

Corporal Abel Chenouf, 25, who was killed along Mohamed Legouad, was buried last Thursday in Manduel, France (he was a Catholic). President Sarkozy allowed his fiancée, Caroline, who is 7-month pregnant, to marry Abel Chenouf posthumously.

Rabbi Jonathan Sandler, his two sons, Arieh, 5, and Gabriel, 3, were buried in Jerusalem on Wednesday, along with Myriam Monsenego, 8, the daughter of the principal of Ozar Hatorah Jewish school in Toulouse.

Corporal Loïc Liber, 28, from Guadeloupe in the French Caribbean, who was gunned down by Merah near an ATM in Montauban, along with Chenouf and Legouad, is still hospitalized in Toulouse but reportedly no longer in critical condition.

by Bernard on Sat Mar 24th, 2012 at 06:55:51 AM EST
[ Parent ]
EUobserver.com / Political Affairs / Former Irish commissioner guilty of corruption

BRUSSELS - Ireland's former EU commissioner Padraig Flynn is guilty of taking bribes during his time as an environment minister, a 15-year-long investigation into the Bertie Ahern government concluded on Thursday (22 March).

The 3,200-page fact-finding study led by judge Alan Mahon said corruption was "endemic and systemic" at every level of government in Ireland in the late 1990s when Ahern was prime minister.

It found that Ahern lied about bank deposits and party donations, which led to his resignation in May 2008, but fell short of accusing him of corruption because the panel of three judges could not prove he gave favours to any of his cash donors.

Also see Bertie Ahern was lying by Frank Schnittger.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Fri Mar 23rd, 2012 at 02:41:12 PM EST
[ Parent ]
Germany inaugurates new president | News | DW.DE | 23.03.2012
Joachim Gauck was inaugurated before the two chambers of parliament, the Bundestag and the Bundesrat, Friday morning in Berlin.

Gauck used his inaugural speech to underline the interconnectedness of freedom and justice.

"Freedom is a necessary condition of justice," Gauck said, adding that the "commitment to justice [is] necessary to preserve freedom."

Germany should be a country that connects "social justice, participation and opportunities for advancement," he stressed.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:41:23 PM EST
[ Parent ]
Norway invites EU to 'update' its mental map | EurActiv
The Arctic is becoming a new geopolitical centre, and the EU and the rest of the world need to update their "mental maps", Norwegian Foreign Minister Jonas Gahr Støre said.

...Norway successfully conducted accession negotiations to the then-European Community, but Norwegian voters rejected membership by narrow margins in 1972 and 1994.

This time, it is the EU that is applying to join an organisation hosted in Norway. The Arctic Council is a high-level intergovernmental forum which addresses issues faced by the Arctic governments and the region's indigenous people.

"Pooling demand, as lessons learned from former joint off-the-shelf procurements, indicates savings ranging as from 20 percent," said French official Claude-France Arnould, the head of the European Defence Agency (EDA), the research wing of the EU diplomatic service.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:41:35 PM EST
[ Parent ]
EUobserver.com / Foreign Affairs / France says Slovenia got Belarus firm off the hook

BRUSSELS - Slovenia flat-out denies getting a Belarus company off the latest EU sanctions list for the sake of a few million euros. But the French foreign minister says it did.

Speaking to press in Brussels on Friday (23 March) after the EU blackballed two Belarusian oligarchs - including a certain Yuriy Chizh - and 29 companies, France's Alain Juppe noted that most of Chizh's firms made it onto the register "except, it is true, with one small exception for one daughter company, because one of the member states, Slovenia, without mentioning it, asked for an exception."

This row was first reported a month ago.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Fri Mar 23rd, 2012 at 02:41:46 PM EST
[ Parent ]
Affaire Karachi : les 10 millions d'euros de la campagne Balladur retrouvés ? - Le Nouvel Observateur Karachi affair: the 10 million euros of Balladur's campaign identified? - Le Nouvel Observateur
Le juge Renaud Van Ruymbeke aurait enfin trouvé l'origine des fameux dix millions en espèces versés sur le compte de campagne d'Edouard Balladur pour la présidentielle de 1995, révèle Mediapart vendredi 23 mars. L'ex-candidat a toujours expliqué ce versement, qui a failli empêcher la validation de ses comptes par le Conseil constitutionnel, par la vente de tshirts et de gadgets ou par des dons de sympathisants.Judge Renaud Van Ruymbeke has apparently finally found the origin of the famous ten million in cash paid into the Edouard Balladur's 1995 presidential campaign account, reveals Mediapart Friday, March 23. The former candidate has always explained this payment, which almost prevented the validation of his accounts by the Constitutional Council, by the sale of t-shirts and gadgets or by donations from supporters.
Selon le site d'information, des interrogatoires menés par le procureur de Genève Jean-Bernard Schmid en présence du juge d'instruction français auraient permis de trouver la trace d'un retrait de dix millions d'euros en avril 1995 à la banque SCS Alliance de Genève, "sur un compte de transit utilisé par les marchands d'armes". L'argent provenant directement de commissions liées à la vente de frégates à l'Arabie saoudite via le contrat Sawari II, dans lequel Ziad Takieddine a joué le rôle d'intermédiaire.According to the Mediapart, interrogations led by the prosecutor of Geneva, Jean-Bernard Schmid, in the French investigating judge's presence, apparently revealed a withdrawal of ten million euros in April 1995 from the bank SCS Alliance of Geneva, "a transit account used by arms dealers." The money came directly from commissions related to the sale of frigates to Saudi Arabia via the Sawari II contract, in which Ziad Takieddine acted as an intermediary.
Le 26 avril 1995, l'équipe d'Édouard Balladur verse précisément une somme du même montant sur le compte de campagne du candidat au Crédit du Nord.On April 26, 1995, Édouard Balladur's team paid precisely the same amount into the candidate's campaign account at Credit du Nord.

See An Irreproachable Republic.

by afew (afew(a in a circle)eurotrib_dot_com) on Fri Mar 23rd, 2012 at 04:50:11 PM EST
[ Parent ]
The Guardian [UK]:Eurozone leaders lock horns over whether to rescue Greece's economy
European leaders gather for a two-day summit in Brussels tomorrow riven by disputes over whether and when to rescue Greece from financial collapse. There were frantic efforts last night to patch up a deal, with Germany insisting on a radical rewriting of the rules for the single currency before helping Athens and chancellor Angela Merkel looking isolated but strong in dictating terms for trying to settle the worst crisis the euro has faced.

The single currency's woes mounted when another weak link in the euro, Portugal, had its credit rating downgraded by Fitch because of pessimism over its economic recovery prospects. Worries about contagion in the eurozone and market uncertainty over the European political and financial response to the Greek crisis pushed the euro to its lowest level against the dollar in 10 months.

But the focus for European leaders was shifting from the Greek crisis to a broader and more fundamental dispute over the operation of the single currency, with Berlin clearly intent on turning the crisis into an opportunity to introduce draconian new conditions for the eurozone, including, in the last resort, expulsion of serially delinquent single currency countries.



There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman
by Migeru (migeru at eurotrib dot com) on Sat Mar 24th, 2012 at 04:54:16 AM EST
[ Parent ]
The financial and economic crisis - a chronological overview - March 2010
24 March 2010
Commission assessment of 10 stability and convergence programmes

The assessed countries were Czech Republic, Denmark, Hungary, Lithuania, Luxembourg, Latvia, Malta, Poland, Romania and Slovenia.

For most of these countries this year will mark a fiscal consolidation process consistent with the recommendation set out in the Excessive deficit procedures (EDPs) and, in the case of Latvia, Hungary and Romania, with the conditions set out in the international financial assistance programmes.

As to the budgetary targets set out in the programmes, the growth assumptions underlying these projections are in several cases optimistic especially in outer years, while the budgetary consolidation strategy is often not sufficiently backed up by concrete measures from 2011 onwards.



There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman
by Migeru (migeru at eurotrib dot com) on Sat Mar 24th, 2012 at 04:57:41 AM EST
[ Parent ]
They aren't resucing the greek economy; every euro they lend is designed to make it weaker. Rather they are rescuing their own central banks who engaged in idiot financial practices.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Sat Mar 24th, 2012 at 09:04:07 AM EST
[ Parent ]
central banks?

Von überall könnte das Volk, Urbrut alles Undemokratischen, Zelle des Terrors, über die gewählten Hüter von Wachstum und Wohlstand® kommen. - flatter
by generic on Sat Mar 24th, 2012 at 09:23:55 AM EST
[ Parent ]
Oops, maybe it wasn't clear: the date of that news is 24 March, 2010.

There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman
by Migeru (migeru at eurotrib dot com) on Sat Mar 24th, 2012 at 12:18:27 PM EST
[ Parent ]
European Commission: The financial transaction tax will reduce Member States' GNI contributions to the EU budget by 50% (23 March 2012)
If adopted as a new own resource of the EU budget the financial transaction tax (FTT) will significantly reduce the contributions of member states to the EU budget. According to estimates presented yesterday by the European Commission, Member States' contributions would be slashed by €54bn in 2020.

The Commission proposes that two thirds of the revenues of the FTT go to the EU budget, reducing by the same amounts Member States' contributions based on their GNI, with the remaining one third being retained by Member States. Therefore, every euro levied with the FTT will ultimately benefit the Member States, whether through direct revenue collection or through a reduction of contributions to the EU budget.

The financial sector does not pay VAT and has received massive support by taxpayer's money, said Financial Programming and Budget Commissioner Janusz Lewandowski. Taxing the transactions of all financial institutions at rates as low as 0.01% is only fair. Furthermore, the estimated revenue which the tax would generate by 2020 can only be welcome by cash strapped governments across the EU.



There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman
by Migeru (migeru at eurotrib dot com) on Sat Mar 24th, 2012 at 06:11:47 AM EST
[ Parent ]
European Commission: Baltic Sea Strategy steps up co operation (23 March 2012)
The European Commission has today released a Communication on the first of its Macro-Regional Strategies, the European Union Strategy for the Baltic Sea Region (EUSBSR), setting out how it proposes to take co operation between the participating states up a gear. The aim of the Strategy is to increase the impact of EU funds to reach common goals, such as the improvement of water quality in the entire region. The Communication sets three new focuses for co operation: "Save the Sea", "Connect the Region" and "Increase Prosperity". Under these objectives it sets strategy-wide targets and indicators, and proposes that in each sector, further targets should be set. In addition, the Communication sets out how all those involved can improve their joint efforts by doing more to align their policy decisions, and the available funds. It also clarifies the roles and responsibilities of all those involved, to put the Strategy on a firm footing to prepare the 2014-2020 programming period.

Commissioner for Regional Development, Johannes Hahn, commented: "The EU Strategy for the Baltic Sea Region is yielding results, but this pioneer macro regional strategy is also teaching us valuable lessons for the future. Member States have asked the Commission to make recommendations to step up the impact of the strategy, and today's Communication does just that. In particular I welcome the fact that participating states have decided to set themselves clear joint goals in the form of targets and indicators, and I am sure this will help to focus future efforts".

Today's communication follows the Commission's first report on the EUSBSR last summer and the Council Conclusions of 15 November 2011. Member States and the Commission agree that indicators and targets are needed to enhance concentration on priorities, and the subsequent evaluation and communication of the Strategy.



There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman
by Migeru (migeru at eurotrib dot com) on Sat Mar 24th, 2012 at 06:28:19 AM EST
[ Parent ]
 ECONOMY & FINANCE 


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:41:59 PM EST
EUobserver.com / Economic Affairs / Insurance lobby waters down EU bill on safer pensions

BRUSSELS - A vote in the European Parliament's economics committee earlier this week, on Wednesday (21 March), made last-minute concessions sought by insurance companies on a bill aimed to limit risk in pension- and life-insurance-related investments.

The so-called Omnibus/Solvency II dossier - designed to strengthen capital requirements and oversight on insurance companies in Europe - is to come into force next year, pending a final agreement between member states, the EU commission and MEPs.

But the Wednesday vote indicates deputies came under pressure from the industry lobby and national governments to water down some of the more demanding provisions.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:42:06 PM EST
[ Parent ]
Ukraine puts gas deal hopes in 'new' Russian leader | EurActiv

Ukraine hopes to work out a new deal on the supplies of Russian gas by late May, after Russian president-elect Vladimir Putin assumes power, Ukrainian President Viktor Yanukovich said yesterday (22 March).

Yanukovich's government has sought for more than a year to negotiate a lower price on Russian gas but talks have produced no results so far.

Kyiv, which is paying $416 (€314) per thousand cubic metres, sees a fairer price at $250 (€189).

But but but but I was told Gazprom started gas wars to punish Ukraine for choosing pro-Western leaders...

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Fri Mar 23rd, 2012 at 02:42:15 PM EST
[ Parent ]
Poland, Ukraine 'ready' for Euro 2012 | EurActiv

Poland and Ukraine have completed preparations to co-host the Euro 2012 European Football Championship, Polish Prime Minister Donald Tusk said at a joint press conference with his Ukrainian counterpart, Mykola Azarov.

The Warsaw Voice quoted Azarov as saying that despite all of the difficulties linked to the financial and economic crisis, the neighbouring countries had managed to mobilise all of their potential and had were prepared for the 8 June-1 July championship.

Tusk, speaking at a news conference with Azarov in Warsaw yesterday (22 March), admitted that not all the ambitions had been realised as planned, but that this "should not have effect on the course of the championship".

On a separate occasion, Union of European Football Associations President Michel Platini called "extraordinary" the progress made by Ukraine in preparing the football cup with 95% of modernisation plans implemented.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:42:24 PM EST
[ Parent ]
Oh, that Euro!

It is a better Euro to be ready for.

A vote for PES is a vote for EPP! A vote for EPP is a vote for PES! Support the coalition, vote EPP-PES in 2009!

by A swedish kind of death on Sat Mar 24th, 2012 at 05:39:58 AM EST
[ Parent ]
Will Greece be playing Germany?
by ThatBritGuy (thatbritguy (at) googlemail.com) on Sat Mar 24th, 2012 at 08:28:54 AM EST
[ Parent ]
Greece is in the same group with Poland, Russia and the Czech Republic.

There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman
by Migeru (migeru at eurotrib dot com) on Sat Mar 24th, 2012 at 12:19:45 PM EST
[ Parent ]
Apparently England's games haven't yet sold out. Not surprising given the awfulhotel and travel arrangements.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Sat Mar 24th, 2012 at 09:05:56 AM EST
[ Parent ]
ECB: Competitiveness of the euro area and within the euro area Speech by Mario Draghi, President of the ECB, at the colloquium "Les défis de la compétitivité", organised by Le Monde and l'Association Française des Entreprises Privées (AFEP), Paris, 13 March 2012
A convenient way to identify competitiveness differentials is simply to look at the current account balances of each country.

Current account imbalances could be justified for any country, including those participating in a monetary union, and they do not necessarily reflect a loss of competitiveness. But increasingly, larger current account deficits have resulted from significant losses of national competitiveness, signalling domestic macroeconomic imbalances and deeper structural problems. These losses of competitiveness limit the country's growth potential and hinder its participation in the global trade integration.

Against this background, rather than financing productive investment in the tradable sector and fostering export performance, capital inflows in some countries with excessive current account deficits have fuelled asset price rises and private indebtedness. Hence, current account imbalances within the euro area should be a source of concern for policy-makers when they relate to losses of competitiveness.

A useful way to measure excessive imbalances is to look at unit labour costs, as these reflect developments in both productivity and labour costs. If we compare countries with an external surplus and countries with an external deficit, we see that, since the introduction of the euro, unit labour costs have increased by 28% in deficit countries, 2.5 times as much as in surplus countries.

For sure, some of this differential might reflect sustainable increases in income per capita or other "catch-up" effects. But to a much larger extent, this differential relates to structural problems and reflects growing misalignments between developments in wages and productivity.

These misalignments have also become visible in terms of deviations from price stability. Indeed, we can observe that most countries with strong current account deficits prior to the crisis had also experienced substantial increases in prices.

Ensuring price stability is key for competitiveness.

It provides the nominal anchor for future price developments. It is key for the euro area as a whole as much as it is key for all countries.

Significant and persistent deviations from price stability translate into losses of competitiveness and should be corrected.

Restoring competitiveness is vital for a number of countries within the euro area. Policies to ensure sufficient responsiveness in wages and prices, as well as to boost productivity, are crucial ingredients in the rebalancing.




There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman
by Migeru (migeru at eurotrib dot com) on Sat Mar 24th, 2012 at 05:02:50 AM EST
[ Parent ]
Supermario:
Ensuring price stability is key for competitiveness.

Inflation in the core is unacceptable.

Supermario:

Restoring competitiveness is vital for a number of countries within the euro area. Policies to ensure sufficient responsiveness in wages and prices, as well as to boost productivity, are crucial ingredients in the rebalancing.

Deflation in the periphery is necessary.

A vote for PES is a vote for EPP! A vote for EPP is a vote for PES! Support the coalition, vote EPP-PES in 2009!

by A swedish kind of death on Sat Mar 24th, 2012 at 05:43:10 AM EST
[ Parent ]
Migeru:
Current account imbalances could be justified for any country, including those participating in a monetary union, and they do not necessarily reflect a loss of competitiveness.

According to this crackshot user of official econo-gobbledegook, a balance doesn't have two sides to it. "Imbalance" means deficit and precludes surplus.

Mario has to earn his spiked helmet.

by afew (afew(a in a circle)eurotrib_dot_com) on Sat Mar 24th, 2012 at 06:45:47 AM EST
[ Parent ]

(Bild)

There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman

by Migeru (migeru at eurotrib dot com) on Sat Mar 24th, 2012 at 07:20:26 AM EST
[ Parent ]
by afew (afew(a in a circle)eurotrib_dot_com) on Sat Mar 24th, 2012 at 09:07:44 AM EST
[ Parent ]
Appointed a honorary prussian.

"Here, this will made Weidmann respect you!"

by IM on Sat Mar 24th, 2012 at 09:44:08 AM EST
[ Parent ]
 WORLD 


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:42:36 PM EST
Mali president and ministers 'safe', coup leaders say - MALI - FRANCE 24
Mali's coup leader Captain Amadou Sanogo said Friday that the country's deposed president was unharmed and that arrested ministers would soon be put on trial. Sanogo also condemned the looting by soldiers that followed Wednesday night's putsch.


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:42:43 PM EST
[ Parent ]
China pledges to phase out prisoner organ donations - China - FRANCE 24

AFP - A Chinese health official has vowed executed inmates will no longer be the main source of organs for transplants in three to five years, as the country sets up a donation system, state media said.

China has long vowed to reduce its reliance on death-row inmates for organs, but high demand and a chronic shortage of donations mean they have remained a key source -- a situation that has generated heated controversy.

But Huang Jiefu, vice health minister, said the government wanted to abolish this practice altogether and was in the process of setting up a nationwide organ donation system, the official Xinhua news agency reported.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:42:51 PM EST
[ Parent ]
US soldier to be charged with murder of 17 Afghans - JUSTICE - FRANCE 24

AFP - A US soldier will be charged with 17 counts of murder stemming from the killings of civilians in a shooting rampage in southern Afghanistan, a US official said Thursday.

The official, confirming the murder charges on condition of anonymity, also said Army Staff Sergeant Robert Bales would be charged with six counts of assault and attempted murder.

...Bales, 38, allegedly walked out of his base in the southern province of Kandahar under cover of darkness March 11 and killed 17 people in two nearby villages, including women and children. He then allegedly burned some of their bodies, returned to his base and surrendered.

The charges raise by one the number of deaths reported immediately after the atrocity...



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:43:01 PM EST
[ Parent ]
DR. JIM YONG KIM NOMINATED TO HEAD WORLD BANK:
On Friday, March 23, President Barack Obama selected PIH co-founder and Dartmouth College President Dr. Jim Yong Kim as the United States' nominee to be President of the World Bank. If he is elected by the World Bank's Board of Governors in April, Dr. Kim will lead the institution's efforts to reduce poverty and generate sustainable, broad-based growth. PIH co-founder Dr. Paul Farmer applauded the nomination of his long-time colleague and friend. "I can think of no one more able to help families, communities, and entire nations break out of poverty, which is the stated goal of the World Bank," Dr. Farmer said. "Having had the good fortune to train with Jim at Harvard, and to see him work in settings from inner-city Boston to the slums of Peru, from Haiti to Rwanda to the prisons of Siberia, I know that for three decades Jim has committed himself to breaking the cycle of poverty and disease."


"Beware of the man who does not talk, and the dog that does not bark." Cheyenne
by maracatu on Fri Mar 23rd, 2012 at 05:18:43 PM EST
[ Parent ]
 LIVING OFF THE PLANET 
 Environment, Energy, Agriculture, Food 


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:43:13 PM EST
Boeing, Airbus team up on EU carbon charge, biofuels | EurActiv
Boeing threw its weight behind Airbus in a dispute over European Union airline emissions on Thursday (22 March), announcing at the same time an agreement to develop and commercialise sustainable biofuels for use in airplanes.

Which only underlines that biofuels = greenwashing.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Fri Mar 23rd, 2012 at 02:43:22 PM EST
[ Parent ]
Barroso sees 'green' Danish cities as an example for Europe | EurActiv
European Commission President José Manuel Barroso has called for an end to "artificial" growth, fuelled by "irresponsible financial behaviour", and asked for Europe's cities to follow the example of green capitals such as Copenhagen.

...But economic growth is not everything, Barroso suggested. Quality of life is also important and Europe's cities are ahead compared to other parts of the world. "We should be proud of this. The Chinese want to learn from us," Barroso said, referring to the recently launched EU-China partnership for sustainable urbanisation.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:43:30 PM EST
[ Parent ]
A little bromine cuts coal's mercury emissions | Environment | DW.DE | 23.03.2012
The US is set to introduce the strictest limits for mercury emissions from coal power plants in the world. Germany is to follow suit - and a cheap method is already available.

...Some countries have limited mercury emissions from coal power plants by law. The EU limits emissions to 50 micrograms of mercury per cubic meter per day; Germany has an even stricter limit of 30 micrograms.

The US has set new standards. In late 2011, US President Barack Obama announced the strictest mercury emission limits worldwide. From 2016 onwards, the monthly average emission of mercury per cubic meter must not exceed 1.5 micrograms in any coal power plant.

...Twelve years ago, process engineer Bernhard Vosteen and his team at the Leverkusen-based chemical company Bayer came up with a possible solution. When studying the methods of burning industrial waste in a special waste burning facility, Vosteen noticed that the exhaust fumes hardly contained any mercury whenever there was a trace of bromine present.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:43:40 PM EST
[ Parent ]
Sluggish Reaction to Fukushima: Germany Unprepared for Major Nuclear Disaster - SPIEGEL ONLINE - News - International
If a nuclear disaster comparable to Fukushima were to hit a German nuclear plant, authorities would be unprepared to handle it, and scientific projections show that radiation would likely spread much further than previous estimates. But government agencies have done little to address the problem. Critics call the delay a "scandal."


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:43:51 PM EST
[ Parent ]
The fact is that realistic disaster plans would paint a picture so horrifying that communities would demand the closure of nuke boilers. Germany's intent to close them down is the only disaster plan that makes any sense.
Can you see it: "in the event of a nuclear 'event' lose your home, your job, some indeterminate portion of your family, perhaps your health, a fair chunk of your nation, your nation's (and your nation's neighbors') economy and security, and any downstream cities and fisheries. Otherwise, don't panic.
by Andhakari on Sat Mar 24th, 2012 at 05:02:12 AM EST
[ Parent ]
Kostenexplosion: Stuttgart 21 wird teurer und ein Jahr später fertig - SPIEGEL ONLINE - Nachrichten - Politik Cost explosion: Stuttgart 21 will be more expensive and a year late - SPIEGEL ONLINE - News - International
Stuttgart - Kritiker des Großprojekts hatten es vorausgesagt: Der Bahnhofsumbau Stuttgart 21 wird teurer - und später fertig als geplant. ...Stuttgart - Critics of the major project had predicted it: The station renovation project Stuttgart 21 will get more expensive - and finish later than planned. ...
Kefer erläuterte, nachdem nun mehr 50 Prozent der Bauaufträge vergeben worden seien, lägen die Kosten gemäß der Prognose der Bahn nun bei 4,3 Milliarden Euro. Bisher war das Projekt immer auf 4,1 Milliarden Euro kalkuliert worden. "Wir betrachten das mit Sorgen", sagte Verkehrsminister Hermann. Er werde alles dafür tun, dass der Kostendeckel von 4,5 Milliarden Euro gehalten werde.Kefer explained, after 50 percent of construction contracts were awarded, the cost would be -according to the forecast- 4.3 billion euros. So far the project had always been calculated at 4.1 billion euros. "We acknowledge this with concern," said Transport Minister Hermann. He says he will do everything to ensure that the cost cap would be kept at EUR 4.5 billion.
Laut Bahn-Vorstand Kefer kann das Projekt zudem erst Ende 2020, ein Jahr später als geplant, fertiggestellt werden. Dies liege daran, dass sich das Grundwassermanagement verzögere und erst im Januar 2013 begonnen werden könne. Der eigentliche Tiefbau könne folglich nicht, wie geplant, schon in der zweiten Jahreshälfte 2012 beginnen.According to Railway VP Kefer the project will take until the end of 2020, a year later than planned, to be completed. This stems from the fact that the groundwater management was delayed and could only be started in January 2013. The actual civil engineering could not, therefore, as planned, start in the second half of 2012.
An der Finanzierung des Milliardenprojekts wird immer wieder Kritik laut. Zuletzt zeigten unbekannte Dokumente nach SPIEGEL-Informationen, dass die damalige Landesregierung schon 2009 mit höheren Kosten rechnete - und auf Grundlage von Bahn-Unterlagen eine Gesamtsumme von mindestens 4,9 Milliarden Euro kalkuliert hatten.The financing of the billion euro project has been repeatedly criticized. Unknown documents showed according to SPIEGEL information that the government in 2009 expected higher costs which were calculated on the basis of DB documents to a total of at least 4.9 billion euros.

Hey hey hey, who would've thought?

by epochepoque on Fri Mar 23rd, 2012 at 08:47:38 PM EST
[ Parent ]
European Commission: Midday Express of 2012-03-23
Food safety: EU updates measures on imports from Japan

At a meeting of the Standing Committee on the Food Chain and Animal Health (SCoFCAH), Member States' experts today endorsed a Commission proposal to align the maximum levels of caesium-134 and caesium-137 with the new Japanese maximum levels which will apply from 1 April 2012. Measures on reinforced controls that were originally adopted on 24 March 2011 to control imports of food and feed coming from certain regions (today 11 prefectures: Fukushima, Gunma, Ibaraki, Tochigi, Miyagi, Shizuoka, Yamanashi, Saitama, Tokyo, Kanagawa and Chiba) that could be affected by the Fukushima nuclear incident, will also continue to apply until 31 October 2012 and will continue to be regularly reviewed. Continuing reinforced controls means that all food and feed products coming from these regions must be tested and certified as being within safety levels for the presence of caesium-134 and caesium-137 before leaving Japan as well as being subject to random testing upon arrival in the EU. Feed and food products from the remaining 36 Japanese regions (prefectures) do not need to be tested but must be accompanied by a declaration stating the prefecture of origin, and also remain subject to random testing at the point of entry into the EU. Applying the same maximum levels in the EU and Japan will continue to provide consistency between the pre-export controls performed by the Japanese authorities and the controls on the level of radionuclides performed on feed and food originating from Japan at the point of entry into the EU. Sake, whiskey and shochu will be excluded from the scope of these new measures, since the tests that were carried out by the Japanese authorities detected no radioactivity (these findings were confirmed by controls carried out at point of import). The Commission underlines that food safety risks from the nuclear accident in Japan are considerably low in the EU. EU imports from Japan in 2011 represented 1.9% of the total EU agri-food imports. For more information: IP/11/362 , MEMO/11/225



There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman
by Migeru (migeru at eurotrib dot com) on Sat Mar 24th, 2012 at 06:24:12 AM EST
[ Parent ]
European Commission: Environment: Commission proposes tighter laws on ship breaking (23 March 2012)
The European Commission today proposed new rules to ensure that European ships are only recycled in facilities that are safe for workers and environmentally sound. More than 1000 large old commercial ships, such as tankers and container vessels, are recycled for their scrap metal every year, but many European ships end up in substandard facilities on the tidal beaches of South Asia. These facilities mostly lack the environmental protection and safety measures needed to manage the hazardous materials contained in end-of-life ships. These include asbestos, polychlorinated biphenyls (PCBs), tributyl tin and oil sludge. This leads to high accident rates and health risks for workers and extensive environmental pollution.

Environment Commissioner Janez Potočnik said: "Although the ship recycling sector has improved its practices, many facilities continue to operate under conditions that are dangerous and damaging. This proposal aims to ensure that our old ships are recycled in a way that respects the health of workers as well as the environment. It is a clear signal to invest urgently in upgrading recycling facilities." Commissioner Potočnik presented the regulation jointly with Vice President Siim Kallas, Commissioner for Transport.

The new rules, which will take the form of a Regulation, propose a system of survey, certification and authorisation for large commercial seagoing vessels that fly the flag of an EU Member State, covering their whole life cycle from construction to operation and recycling.



There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman
by Migeru (migeru at eurotrib dot com) on Sat Mar 24th, 2012 at 06:26:16 AM EST
[ Parent ]
European Commission: CLIMATE-ADAPT: a new tool for climate adaptation policy-making (23 March 2012)
The European Climate Adaptation Platform (CLIMATE-ADAPT), an interactive web-based tool on adaptation to climate change, goes online today at the European Environment Agency (EEA) in Copenhagen. Connie Hedegaard, European Commissioner for Climate Action, joined Ida Auken, Denmark's Minister for the Environment, and the EEA's Executive Director Jacqueline McGlade for the launch.

The European Climate Adaptation Platform is a publicly accessible, web-based platform (http://climate-adapt.eea.europa.eu), designed to support policy-makers at EU, national, regional and local levels in the development of climate change adaptation measures and policies. Adaptation means anticipating the adverse effects of climate change and taking appropriate action to prevent or minimise the damage they can cause.

CLIMATE-ADAPT has been developed with the support of the European scientific and policy making community, and will help users to access, disseminate and integrate information on:

  • Expected climate change in Europe
  • The vulnerability of regions, countries and sectors now and in the future
  • Information on national, regional and transnational adaptation activities and strategies
  • Case studies of adaptation and potential future adaptation options
  • Online tools that support adaptation planning
  • Adaptation-related research projects, guideline documents, reports information sources, links, news & events.


There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman
by Migeru (migeru at eurotrib dot com) on Sat Mar 24th, 2012 at 06:29:50 AM EST
[ Parent ]
 LIVING ON THE PLANET 
 Society, Culture, History, Information 


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:44:03 PM EST
Germany refuses to acknowledge Herero massacres as genocide | Africa | DW.DE | 23.03.2012

The German parliament has thrown out an opposition motion calling on the government to acknowledge that a massacre committed by German troops in what is now Namibia more than 100 years ago was genocide.

"Every Herero on German territory, with or without rifles, with or without cattle, will be shot. I'm not taking in any more women and children, drive them back to their people or have them shot."

That order, issued by General Lothar von Trotha on October 2, 1904, opened one of the darkest chapters in Imperial Germany's colonial history. In the years that followed, more 70,000 Herero and 10,000 Nama, most of the tribal populations, were killed as an anti-colonial uprising was crushed.

Hypocrisy abounds; but this caught my eye:

Henning Melber also believes Germany does not wish to anger its European partners. "I can well imagine that France, Great Britain and Portugal are following very closely how Germany is tackling this issue. If Germany were to agree to hand over millions of euros, that could set a precedent which could trigger negotiations elsewhere. Germany's European partners might well advise it behind closed doors to let matters rest.


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:44:15 PM EST
[ Parent ]
EUobserver.com / Headline News / Commission keen to create EU cybercrime centre
BRUSSELS - The European Commission is on Wednesday (28 March) set to propose a European Cybercrime Centre in a bid to tackle rising levels of online crime across Europe.

The agency, which is expected to open in 2013, will also be responsible for training national experts on cyber crime and form part of the EU police agency Europol.

The EU executive sees the cybercrime centre as the focal point in co-ordinating national cyber authorities established by member states, and pooling information gathered by national and European police IT networks, in an attempt to map organised crime online, especially online fraud schemes.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:44:24 PM EST
[ Parent ]
Collision Course: Unrestricted Seniors Endanger German Roads - SPIEGEL ONLINE - News - International
The number of elderly German drivers is rising significantly, as is the accident risk for everyone who uses the country's roads. Experts recommend more consideration from other drivers and say seniors should be given regular tests. But as their constituencies age, lawmakers are resisting tougher regulations.


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:44:34 PM EST
[ Parent ]
 PEOPLE AND KLATSCH 


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:44:48 PM EST
Whitney Houston died from drowning, coroner says - USA - FRANCE 24
Pop icon Whitney Houston died from accidental drowning after taking cocaine that may have triggered a heart attack, Los Angeles County coroners announced Thursday. Houston, 48, died in a bathtub at a Beverly Hills hotel last month.


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 23rd, 2012 at 02:44:56 PM EST
[ Parent ]
Update; Outcry in New Zealand over 'Marmageddon' crisis as Marmite stocks run out

US Secretary of State Hillary Clinton almost caused a diplomatic incident on a 2010 visit to Australia when she said: "I've never understood why you would ruin a perfectly good slice of bread with Vegemite."


You can't be me, I'm taken
by Sven Triloqvist on Sat Mar 24th, 2012 at 02:20:14 AM EST
[ Parent ]

...far out folk. (in 1958)

You can't be me, I'm taken

by Sven Triloqvist on Sat Mar 24th, 2012 at 11:29:08 AM EST
[ Parent ]
What a nice little ditty from a bygone era.
by sgr2 on Sat Mar 24th, 2012 at 01:16:58 PM EST
[ Parent ]
Fred also played with this guy....



You can't be me, I'm taken

by Sven Triloqvist on Sat Mar 24th, 2012 at 01:26:14 PM EST
[ Parent ]

who also created one of the tributaries to Disco. This from an 1973 LP.

You can't be me, I'm taken

by Sven Triloqvist on Sat Mar 24th, 2012 at 01:32:39 PM EST
[ Parent ]
mmm, nice. both. thanks.
by sgr2 on Sat Mar 24th, 2012 at 01:58:24 PM EST
[ Parent ]


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