Sunday, February 24, 2008
Last Updated: 2:05am GMT 24/02/2008
A mass lobby of Parliament in support of a referendum on the EU Treaty of Lisbon is to take place this week. http://www.telegraph.co.uk/news/main.jhtml?view=DETAILS&grid=&xml=/news/2008/02/24/neu124.xml
Saturday, February 23, 2008
Last Updated: 2:02am GMT 22/02/2008
The European parliament yesterday tried to avert a formal investigation into possible fraud by Euro-MPs worth almost £100 million a year.
WARSAW, Feb 22 (Reuters)
EU leaders want to appoint a Reflection Group to look at the long-term future of the European Union. The group is to focus on Europe in 2020-2030, mostly on...
The European Union will likely decide on who will be part of the group in the second half of the year.
The group is led by former Spanish Prime Minister Felipe Gonzales.
Former Latvian President Vaira Vike-Freiberga and Jorma Ollila, chairman of mobile phone giant Nokia, have been named as the two vice-chairmen of the panel.
Monday, February 18, 2008
Here is a real loophole in the law, which now already exists. What is now about to occur with the Treaty of Lisbon, is a massive obstruction of democracy, constitutional legality, and sovereignty. For what would occur with this treaty, if it were ratified, is that constitutional sovereignty would devolve to the European Council; the European Parliament would no longer have to agree to anything, but would only listen—to say nothing of the national parliaments.
Here is a real loophole in the law, which now already exists. What is now about to occur with the Treaty of Lisbon, is a massive obstruction of democracy, constitutional legality, and sovereignty. For what would occur with this treaty, if it were ratified, is that constitutional sovereignty would devolve to the European Council; the European Parliament would no longer have to agree to anything, but would only listen—to say nothing of the national parliaments...Here is a real loophole in the law, which now already exists. What is now about to occur with the Treaty of Lisbon, is a massive obstruction of democracy, constitutional legality, and sovereignty. For what would occur with this treaty, if it were ratified, is that constitutional sovereignty would devolve to the European Council; the European Parliament would no longer have to agree to anything, but would only listen—to say nothing of the national parliaments.
Friday, February 15, 2008
HONG KONG, Feb. 14 (Xinhua) --
Asia is facing the grave situation of fighting against the spread of bird flu outbreak, with the reports of more human contraction of the disease in recent days.
Wednesday, February 13, 2008
Meanwhile, Merkel expressed her support for Israel's economic sanctions against Hamas in the Gaza Strip. http://news.xinhuanet.com/english/2008-02/13/content_7594273.htm
Tuesday, February 12, 2008
As prophesied: There will be a treaty between the Beast and Jerusalem that will enable the Temple Sacrifice to be re-installed. This is a prelude to the military take over of the Holy City. Thence the Abomination of Desolation.
Monday, February 11, 2008
Last Updated: 12:01am GMT 11/02/2008
The House of Commons is about one third of the way through its debate on the Treaty of Lisbon. Have you noticed? You could say this is the media's fault for obsessing about MPs' expenses and the politics of another country. But the parliamentarians themselves are hardly enamoured of their own discussion.
One reason for this is the way the Government has deliberately organised the business in order to diminish its importance and to avoid the procedural trench warfare that characterised the Maastricht debates 15 years ago.http://www.telegraph.co.uk/opinion/main.jhtml?xml=/opinion/2008/02/11/do1102.xml
DW-TV: The Lisbon reform treaty has been signed but has yet to be ratified. Could it still fail?
Viviane Reding: I don't think so and I hope not as it would not be in the interest of the 500 million people of Europe who want to live together peacefully and be a force in a globalized world. That will only possible if Europe speaks with one voice and if we have an internal market. But for that, we need institutions to work effectively. The ratification process has begun and will go on. I'm sure that a new EU will be fully functional from January next year.
ECB's Trichet said there no end in sight for the financial market woes.'It is an ongoing process... an ongoing significant market correction... US Treasury Secretary Henry Paulson said the current turbulence in the world's financial markets is both 'serious' and 'persisting,' and the global economy faces an uphill road for some time to come
Read all - http://www.forbes.com/markets/feeds/afx/2008/02/10/afx4636501.html
G7 leaders say worse to come for world economy
Finance ministers from the Group of Seven leading countries have issued a gloomy forecast over the global economy.
Sunday, February 10, 2008
Published: February 8, 2008 MUNICH: The United States will ask European governments to shoulder more of the burden in conflict regions beyond Afghanistan http://www.iht.com/articles/2008/02/08/europe/munich.php
Saturday, February 9, 2008
Tony Blair is being touted for the job, but two serious factors disqualify him... the EU's president must fulfil two conditions in order to carry out the role properly and to be accepted by everyone: first, to come from a country that is completely in step with the EU's forward march and that participates in all its different forms of co-operation; and, secondly, to be determined to build the independence of Europe, notably in the diplomatic and military fields. http://www.timesonline.co.uk/tol/comment/columnists/guest_contributors/article3330164.ece Tony Blair at the head of the EU, the British idea of a joke ? http://europe.courrierinternational.com/eurotopics/article.asp?langue=uk&publication=08/02/2008&cat=BRUSSELS+SPROUTS&pi=0
Friday February 8 2008
(Updates U.S. markets with closing figures)
By Leslie Adler
NEW YORK, Feb 8 (Reuters) - The broader U.S. stock market fell on Friday as renewed worries about the credit market sparked a wave of selling in financial shares, but a rally in beaten-down technology shares led the Nasdaq higher.
The credit market fears drove safe-haven buying of U.S. government bonds, while the Dow Jones industrial average ended its worst week in nearly five years.
Concerns about the precarious state of the U.S. economy, highlighted by remarks late on Thursday by a Federal Reserve official who said she was "not confident" a recession could be avoided this year, added to the rally in U.S. Treasury debt prices, which recovered from their worst rout in four years. http://www.guardian.co.uk/feedarticle?id=7294492
Friday, February 8, 2008
Published: February 8, 2008
The economic news has been fairly dire this week. The credit crunch is getting worse, and a widely watched indicator of trends in the service sector — which is most of the economy — has fallen off a cliff. It’s still not a certainty that we’re headed into recession, but the odds are growing greater. And if past experience is any guide, the troubles will persist for a long time — say, into the middle of 2010. http://www.nytimes.com/2008/02/08/opinion/08krugman.html');
Thursday, February 7, 2008
The global market ups and downs were unprecedented...
Shares poised for dive after global pasting. ISM report signalled the economy might be in even worse condition than anticipated.
http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10491004 Thursday February 7, 09:00 AM
US market down amid inflation fears
An early rally has evaporated on Wall Street as inflation fears sent stock prices lower again, after a warning on price pressures from a US Federal Reserve official.
http://au.news.yahoo.com/080206/21/15rd7.html Australian stock market loses $46bn, more coming
http://www.news.com.au/dailytelegraph/story/0,22049,23173450-5001024,00.html?from=public_rss Wednesday February 6, 11:07 PM
Global stocks jangled by US recession fears
http://www.channelnewsasia.com/stories/afp_asiapacific_business/view/327318/1/.html Aust market falls after US inflation warning
http://www.abc.net.au/news/stories/2008/02/07/2156827.htm?section=business U.S. Stocks Close Lower For A Third Consecutive Day
Wednesday, February 6, 2008
http://www.rte.ie/news/2008/0205/eu.html Related news: Romania Ratifies Lisbon Treaty in Wake of Sarkozy Visit
Tuesday, February 5, 2008
By Jennifer Coogan
NEW YORK, Feb 4 (Reuters) - U.S. stocks declined on Monday, led lower by financial shares after UBS cut its rating of three big credit card providers, including American Express (AXP.N: Quote, Profile, Research), citing expectations for a consumer-led recession. Full article - http://www.reuters.com/article/usMktRpt/idUSN0459619020080204 RELATED ITEMS:
FTSE down despite M&A as U.S. data weighs http://www.reuters.com/finance/markets/uk PARIS (Reuters) - European stocks fell in early trade on Tuesday http://www.reuters.com/finance/markets/europe
Japan stocks fall, exporters hit by recession fear 1:59am EST
Monday, February 4, 2008
Tony Blair's will-he-won't-he hokey-cokey over the presidency of Europe shows he's lost none of his instinct for showmanship. Of course he wants the job - we reported as much weeks ago - but by acting ambivalent, he gets to keep his candidacy in the headlines, while maintaining the pose that, while he...