Archives for posts with tag: AngelaMerkel
 
By, Susan Sacirbey via Diplomat Artist Buzz
Sustainability and our future await. UNSG Ban Ki-moon underscored that the “Summit is not an end point, but a turning point.” (–Read MORE –)
Wishes for More Tolerant 2016 & Actions?
New Year’s Wish from DiplomatArtist.com

MONEY BUZZ Blog Report: IS EUROZONE BECOMING OPIUM DEN OF AUSTERITY MORALISTS? By, Ambassador Mo
Austerity as Morality Lesson? Problem is not too few Eurozone programs in support of credit stressed member states, but are they focused on real problem – economic stagnation & sterility. The “alphabet soup” of Eurozone programs grew by one more today as ECB’s Chief Mario Draghi announced a bond purchase program & dubbed it the “MOT” (Monetary Outright Transactions).
http://diplomaticallyincorrect.org/blog_post/is-eurozone-becoming-opium-den-of-austerity-moralists/56025Image

MONEY BUZZ Blog Report: EURO DEBT PURCHASE PROGRAM? By, Ambassador Mo

Last week Chief Mario Draghi promised that the ECB would do whatever it takes to save the Euro. The capital markets reacted most ebulliently & the Euro shot up versus other currencies. However, since then, the market has reacted as if disappointed by the lack of concrete measures. –MORE–

http://diplomaticallyincorrect.org/blog_post/another-empty-promise-on-euro/55279Image

MONEY BUZZ Blog Report: ANOTHER “GROUNDHOG DAY” FOR EURO: TRAGEDY OR COMEDY OR CHAOS? By Ambassador Mo
Just as a new day may be dawning, the Eurozone appears to be reliving the previous one. This week will mark something like the 20th high-level meeting of Eurozone leaders in trying to find their way out of current crisis & what might seem to them & us a never ending spiral, or is it repeating cycle? –More–
http://diplomaticallyincorrect.org/blog_post/another-groundhog-day-for-euro-tragedy-or-comedy-or-chaos/54622Image

MONEY BUZZ Blog Report: ANOTHER GORING FOR AUSTERITY & MERKEL IN SPANISH BANK BAILOUT? By Ambassador Mo
Does Spain’s continued fall into economic malaise reflect what US may have looked without stimulus and with more fiscal austerity? (Bill Clinton has aptly made the point). Does the way as well as fact of bailout of Spanish banks reflect a fundamental change of course for Europe away from austerity? –More–
http://diplomaticallyincorrect.org/blog_post/another-goring-for-austerity-merkel-in-spanish-bank-bailout/54102Image

Blog Report: OBAMA RE-ELECTION BID ALONG WITH US & GLOBAL ECONOMY CRASHING? By Ambassador Mo
Double-dip recession? Europe has been only the most notable, but from China to the US, the economy & job creation is losing steam. In the US today (June 1, 2012) saw job creation weaken to a creep. It follows over the past week other data, from production to consumer confidence, that also reflects potential fatal weakness for economic recovery & President Obama’s re-election. –More–
http://diplomaticallyincorrect.org/blog_post/obama-re-election-bid-along-with-us-global-economy-crashing/53453Image

MONEY BUZZ Blog Report: EUROZONE DIVORCE EVEN BEFORE MARRIAGE OVER MONEY OR BANKING UNION? By Ambassador Mo
European bank union coming? Vicious Cycle of losing confidence in European banks and the already varying standards are prompting the European Commission to propose another remedy to Eurozone crisis. Actually makes sense as means to recapitalize, standardize & promote deposit insurance & confidence. It is also an inevitable step in any further “European project.
http://diplomaticallyincorrect.org/blog_post/eurozone-divorce-even-before-marriage-over-money-or-banking-union/53237Image

Blog Report: DID LAGARDE GIVE GREEKS THE FINGER? By Ambassador Mo
Christine Lagarde’s record is not particularly better than her choice of words. The IMF Managing Director made a point of minimizing economic pain felt by Greeks as a result of financial crisis & austerity. However, it has been Greek pensioners, working class & most vulnerable who have suffered most. There has been at least one very public case of a despairing Greek pensioner committing suicide. –More–
http://diplomaticallyincorrect.org/blog_post/did-lagarde-give-greeks-the-finger/53047Image

Blog Report: MERKEL STILL CLINGS TO AUSTERITY LIKE TO BARRY MANILOW COVER SONG? By Ambassador Mo
Preaching austerity like mom urging abstinence to child off to college?— Germany’s Chancellor Angela Merkel may already be on her way out via election defeat next year but she still controls the purse strings of Germany & thus most key joint Eurozone/EU institutions. Merkel hangs to the old scheme of austerity with only limited concessions to the calls for more growth and jobs. –More–
http://diplomaticallyincorrect.org/blog_post/merkel-still-clings-to-austerity-like-to-barry-manilow-cover-song/52740Image