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Tag: Germany

New York Times Admits Reaganomics Worked

New York Times Admits Reaganomics Worked

After 30 years, The New York Times has admitted that Reaganomics worked. The inadvertent revelation comes in a November 29th article by Binyamin Appelbaum chronicling the steadily falling tax burden Americans have experienced since the 1980s. AEI columnist James Pethokoukis notes that the

EU Finance Ministers Divided on Bank Supervision

EU Finance Ministers Divided on Bank Supervision

EU finance ministers engaged Tuesday in arduous talks aimed at setting up a new system for cross-border supervision of thousands of banks as sharp differences emerged between Berlin, London and Paris. But his Swedish counterpart Anders Borg, one of 10

Unemployment in Germany Close to Historic Low Levels

Unemployment in Germany Close to Historic Low Levels

Germany’s Chancellor Angela Merkel (left) speaks with Greece’s Prime Minister Antonis Samaras in October 2012 in Athens. Germany said Monday it will balance its budget two years earlier than expected as its relative resilience to the debt crisis has enabled

Jonah Goldberg: Morsi's Pragmatic, You Know, Like Hitler

National Review‘s Jonah Goldberg weekly newsletter, the G-File, has a fascinating comparison of Egyptian President Mohamed Morsi and Adolph Hitler. But before you start screaming “Godwin’s Law!,” you need to read:  The point I wanted to make is that there’s no inherent

China Overtaking US as Global Trader

China Overtaking US as Global Trader

(AP) AP IMPACT: China overtaking US as global traderBy JOE McDONALD and YOUKYUNG LEEAP Business WritersSEOUL, South KoreaShin Cheol-soo no longer sees his future in the United States. The South Korean businessman supplied components to American automakers for a decade.

Euro Finance Bosses to Tackle Banking Issues

Euro Finance Bosses to Tackle Banking Issues

European finance ministers regroup in Brussels on Monday for two-day talks focused as much on EU-wide problems installing cross-border banking supervision as on eurozone bailouts. After a string of emergency Eurogroup gatherings that finally resulted in a deal last week

French Central Bank Chief Hits at Moody's Downgrade

French Central Bank Chief Hits at Moody's Downgrade

The head of France’s central bank on Friday hit out at Moody’s, saying the agency had made a “factual mistake” when it took away the country’s cherished AAA credit rating. In making its decision, which followed a similar move by

UK Undecided on UN Palestinian Vote: Ambassador

UK Undecided on UN Palestinian Vote: Ambassador

Britain has not yet decided whether to vote for a Palestinian observer state membership of the United Nations this week, British UN ambassador Mark Lyall Grant said Tuesday. Lyall Grant told reporters that Britain believes the Palestinians should delay their

Downgraded France says it needs more time

Downgraded France says it needs more time

(AP) Downgraded France says it needs more timeBy SARAH DiLORENZOAP Business WriterPARIS France’s government has shrugged off the latest downgrade of its credit rating, saying Tuesday that it just needs time for reforms to the sluggish economy to take root.

Germany To Provide Patriot Missiles and Troops To Turkey?

Germany To Provide Patriot Missiles and Troops To Turkey?

Turkish Foreign Minister Ahmet Davutoglu has asked NATO to provide Patriot Missile batteries that would include the specialty troops necessary to operate them. His stated concern is defending Turkey from a Syrian chemical missile attack. As of right now, the

World View: Israeli Delegation Goes to Cairo for Peace Talks

World View: Israeli Delegation Goes to Cairo for Peace Talks

This morning’s key headlines from GenerationalDynamics.com Farcical MF Global decision excuses Jon Corzine and employees from guilt The Metastasis of Corruption Israel fires artillery into Syria for the third time Israeli delegation goes to Cairo for peace talks Farcical MF

Liberal IKEA Announces 'Regret' For Using Slave Labor

Liberal IKEA Announces 'Regret' For Using Slave Labor

Ikea, which has become world famous not only for its furniture but for its sanctimonious leftism, has announced “regret” for using East German slave labor to make its product during the cold war. According to the Associated Press, Ikea allowed

Eurozone Back in Recession in Q3

Eurozone Back in Recession in Q3

(AP) Eurozone back in recession in Q3By PAN PYLASAssociated PressLONDONThe 17-country eurozone has bowed to the inevitable and fallen back into recession for the first time in three years as a sprawling debt crisis took its toll on the region’s

Ron Paul's Farewell To Freedom

Ron Paul's Farewell To Freedom

This may well be the last time I speak on the House Floor. At the end of the year I’ll leave Congress after 23 years in office over a 36 year period. My goals in 1976 were the same as

Radical Islamist Cleric Abu Qatada Released from Jail

Radical Islamist Cleric Abu Qatada Released from Jail

(AP) Radical cleric Abu Qatada released from jailBy DAVID STRINGERAssociated PressLONDONA radical Islamist cleric described by prosecutors as a key al-Qaida operative in Europe was freed from prison Tuesday after a court ruled he cannot be deported from Britain to