Print John J. Xenakis Read Full Bio World View: Cyprus Banks Remain Closed as Bailout Crisis Continues Cyprus' bailout crisis deepened on Monday, as the Parliament put off for the second day a vote on whether to accept the European bailout terms. The terms are that the European Central Bank would supply a 10 billion euro loan, but require that Cyprus come up with 5.8 billion euros by "taxing" its savings bank depositors 6.7% for accounts under 100,000 euros, and 9.9% for larger accounts. 19 Mar 2013 World View: Germany, Russia Blamed for Cyprus Crisis Opposition political parties are blaming the European Union, especially Germany, for "vindictive and neo-colonial" practices that led to the current crisis. According to the leader of the communist AKEL party: "They are attempting to impose their political options on Cyprus, leading out country and people to conditions that are similar to those in other countries of the European south." 18 Mar 2013 World View: Cyprus Bailout Threatens International Bank Runs Shocked and angry residents of Cyprus on Saturday morning rushed to their banks and ATMs to withdraw their savings, but it was too late. The ones who had been lucky enough or smart enough or frightened enough to have withdrawn their money earlier in the week lost nothing, but the ones who believed the Cypriot and European politicians who said that all bank deposits are safe were screwed. 17 Mar 2013 World View: Misconduct Skyrockets in Published Scientific Papers A study of 2,047 papers that had been published in biomedical journals and later retracted, the researchers found that the retractions were not due to simple errors, but in 67% of the cases were due to misconduct -- fraud, suspected fraud, duplicate publication, and plagiarism. 16 Mar 2013 World View: Saudi Arabia Is Running Out of Swordsmen to Behead People Saudi Arabia is considering the abolishment of beheading for capital punishment in favor of firing squads, because there are shortages of government swordsmen to do the job. Rape, murder, apostasy, armed robbery and drug trafficking are all punishable by death under Saudi law. 14 Mar 2013 World View: American Businesses Debate Cyber Counter-Attack on China For years, everybody "knew" that it was Chinese hackers that were hacking into the networks of thousands of American companies and stealing information. However, the Chinese just kept denying culpability, and no one could say for sure that the Chinese government was involved. 13 Mar 2013 World View: Stock Market Share Prices May Go Parabolic The recent rise in Wall Street prices is extremely alarming, because they've been rising rapidly since the December fiscal cliff and sequester crisis was postponed, apparently convincing investors that anyone who expressed any concern was wrong. The rise may even be accelerating to parabolic levels, indicating that the hard crash, which must occur sooner or later, may be close. 12 Mar 2013 World View: Lahore Pakistan Turns into War Zone Between Muslims, Christians Police arrested 27 Christians in Lahore, Pakistan, on Sunday, after mobs of Christian demonstrators battled police with stones, burnt tires, and smashed car windows. 11 Mar 2013 World View: U.S. Embarrassed by Results of Kenya Presidential Election The fact that Kenya is Barack Obama's ancestral homeland only complicates the diplomatic dilemma over the fact that winning candidate Uhuru Kenyatta is under indictment by the International Criminal Court (ICC) for crimes against humanity, stemming from his alleged involvement in the bloodbath that occurred after the December 2007 elections. 10 Mar 2013 World View: China Urges Calm as North and South Korea Trade Military Threats Following the U.N. Security Council's approval of a resolution condemning North Korea's missile and nuclear weapons tests, North Korea has upped its vitriolic threats even further and appears to be taking steps to prepare for military action. 9 Mar 2013 Previous 5 6 7 8 9 10 11 12 13 14 15 Next
World View: Cyprus Banks Remain Closed as Bailout Crisis Continues Cyprus' bailout crisis deepened on Monday, as the Parliament put off for the second day a vote on whether to accept the European bailout terms. The terms are that the European Central Bank would supply a 10 billion euro loan, but require that Cyprus come up with 5.8 billion euros by "taxing" its savings bank depositors 6.7% for accounts under 100,000 euros, and 9.9% for larger accounts. 19 Mar 2013
World View: Germany, Russia Blamed for Cyprus Crisis Opposition political parties are blaming the European Union, especially Germany, for "vindictive and neo-colonial" practices that led to the current crisis. According to the leader of the communist AKEL party: "They are attempting to impose their political options on Cyprus, leading out country and people to conditions that are similar to those in other countries of the European south." 18 Mar 2013
World View: Cyprus Bailout Threatens International Bank Runs Shocked and angry residents of Cyprus on Saturday morning rushed to their banks and ATMs to withdraw their savings, but it was too late. The ones who had been lucky enough or smart enough or frightened enough to have withdrawn their money earlier in the week lost nothing, but the ones who believed the Cypriot and European politicians who said that all bank deposits are safe were screwed. 17 Mar 2013
World View: Misconduct Skyrockets in Published Scientific Papers A study of 2,047 papers that had been published in biomedical journals and later retracted, the researchers found that the retractions were not due to simple errors, but in 67% of the cases were due to misconduct -- fraud, suspected fraud, duplicate publication, and plagiarism. 16 Mar 2013
World View: Saudi Arabia Is Running Out of Swordsmen to Behead People Saudi Arabia is considering the abolishment of beheading for capital punishment in favor of firing squads, because there are shortages of government swordsmen to do the job. Rape, murder, apostasy, armed robbery and drug trafficking are all punishable by death under Saudi law. 14 Mar 2013
World View: American Businesses Debate Cyber Counter-Attack on China For years, everybody "knew" that it was Chinese hackers that were hacking into the networks of thousands of American companies and stealing information. However, the Chinese just kept denying culpability, and no one could say for sure that the Chinese government was involved. 13 Mar 2013
World View: Stock Market Share Prices May Go Parabolic The recent rise in Wall Street prices is extremely alarming, because they've been rising rapidly since the December fiscal cliff and sequester crisis was postponed, apparently convincing investors that anyone who expressed any concern was wrong. The rise may even be accelerating to parabolic levels, indicating that the hard crash, which must occur sooner or later, may be close. 12 Mar 2013
World View: Lahore Pakistan Turns into War Zone Between Muslims, Christians Police arrested 27 Christians in Lahore, Pakistan, on Sunday, after mobs of Christian demonstrators battled police with stones, burnt tires, and smashed car windows. 11 Mar 2013
World View: U.S. Embarrassed by Results of Kenya Presidential Election The fact that Kenya is Barack Obama's ancestral homeland only complicates the diplomatic dilemma over the fact that winning candidate Uhuru Kenyatta is under indictment by the International Criminal Court (ICC) for crimes against humanity, stemming from his alleged involvement in the bloodbath that occurred after the December 2007 elections. 10 Mar 2013
World View: China Urges Calm as North and South Korea Trade Military Threats Following the U.N. Security Council's approval of a resolution condemning North Korea's missile and nuclear weapons tests, North Korea has upped its vitriolic threats even further and appears to be taking steps to prepare for military action. 9 Mar 2013
Beckham's appearance at Chinese university triggers stampede that injures at least 520 Jun 2013, 2:10 AM PDT