Tag Archive | "wall street"

The Shattered States of America – the improbably probable

Friday, November 6, 2009

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The Shattered States of America – the improbably probable

When, a decade ago, Russian economist Igor Panarin claimed the United States was on the verge of disintegration, almost no one took him seriously. But things have changed since then. After an elected US official, Texas Governor Rick Perry, hinted at secession in April 2009, people really started to pay attention. He claimed then: “Texas [...]

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Anger erupts at GM reversal. Germany should demand the immediate repayment of the loan

Thursday, November 5, 2009

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Anger erupts at GM reversal. Germany should demand the   immediate repayment of the loan

Merkel deputy blasts `ugly face of turbo capitalism’ in automaker’s decision to stop Opel sale to Magna BERLIN–General Motors Co.’s decision to scrap the sale of European subsidiary Opel raised new uncertainty Wednesday over the unit’s future, astonishing politicians in Germany and Russia, and prompting workers to plan walkouts. The GM board’s unexpected decision to [...]

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