Jumaat, 11 November 2011

Lim Kit Siang

Lim Kit Siang

First Greece, Now Italy, Who’s Next?: Analyzing The Sovereign Debt Default Chain

Posted: 11 Nov 2011 11:28 PM PST

by: Nicholas Pardini November 11, 2011 Starting in May of 2011, the extent of the global sovereign debt crisis began to hit the equity markets. Greece was first, then Portugal, then Ireland, and now Italy has become the focus of the financial markets and a source of macroeconomic weakness. However, these countries are simply the [...]

Has Italy passed the point of no return?

Posted: 11 Nov 2011 11:03 PM PST

By Nick Thompson 2011-11-09 CNN.com (CNN) — Europe’s financial crisis claimed its second scalp in three days when Italy’s Silvio Berlusconi announced he will step down after parliament approves new austerity measures in an effort to stave off economic collapse. The scandal-plagued prime minister will follow his Greek counterpart George Papandreou into early retirement as [...]

The RM250 million National Feedlot Centre (NFC) scandal – “shouldn’t someone go to jail”?

Posted: 11 Nov 2011 10:38 PM PST

In his new book on the world's latest financial crisis hotspots, "Boomerang: Travels In the New Third World", journalist Michael Lewis wrote about how the then new Greek Minister of Finance George Papaconstantinou found out when he took office in October 2009 that his country had cooked its deficit figures with a budget deficit of [...]

Pakatan’s alternative budget ‘empowers’ Dayaks

Posted: 11 Nov 2011 07:18 AM PST

Joseph Tawie | November 11, 2011 Free Malaysia Today Dayaks who have been ‘deprived of convenience’ by the ruling Barisan Nasional regime can expect to be prioritized under a Pakatan Rakyat rule. KUCHING: Should the opposition, Pakatan Rakyat, be elected to power, the Dayak community in Sarawak can expect to see RM1 billion set aside [...]
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