Recovery or Collapse? Bet on Collapse By Paul Craig Roberts May 21, 2012 “Information Clearing House” — The US financial system and, probably, the financial system of Europe, like the police, no longer serves a useful social purpose. In the US the police have proven themselves to be a [...]
Posts Tagged ‘ Switzerland ’
Pakistan PM found guilty in contempt case Supreme court delivers verdict in case related to reopening of probe into graft allegations against President Zardari.
PM Gilani, right, could be disqualified from holding public office, forcing early elections [EPA] Yousuf Raza Gilani, the Pakistani prime minister, has been convicted by the country’s Supreme Court of having committed contempt of court in a case that could see him thrown out of office. Gilani was sentenced to be detained in the court until the [...]
Will inequality finally top the agenda at Davos? The problem of inequality has finally been thrust into the spotlight as the global elite convene in Switzerland.
It is very important to realise that the capitalist system runs on inequality and the oppression and dispossession of the vast mass of the people. Through this process the assets and wealth created by the people are simply diverted to the pockets and the bank accounts of the elites. To secure this result the propaganda [...]
It should prove an interesting event at Davos as those who espouse the virtues of inequality, hegemony and consumerism attempt to work out another fix for the capitalist system. At the moment it seems that the usual idea of starting up the presses and printing more money may have a very limited value. The [...]
Occupy Davos: Attendees Confront a New Wave of Anger – Common Dreams staff This years’ World Economic Forum (WEF) in Davos, Switzerland, marks the start of the perennial capitalist meet-and-greet summit season. Members of the Occupy WEF movement gather at their camp site in the Swiss mountain resort of Davos January 22, 2012. The Occupy WEF [...]
Davos to seek reforms of outdated capitalism. But will it be a Reform School for the greedy and avaricious?
THE LEADERS OF 40 COUNTRIES ARE SET TO MEET AT THE DAVOS FORUM TO DISCUSS REFORMS ON TODAY’S CAPITALISM, WHICH IS NAMED AS UNSUSTAINABLE BY SCHWAB, THE FOUNDER Economic and political elites meeting this week at the Swiss resort of Davos will be asked to urgently find ways to reform a capitalist system [...]
Eurozone debt to dominate Davos talks World Economic Forum convenes amid fears that Europe’s fiscal crisis could pull entire global economy into recession.
The eurozone crisis, and ways to prevent it from spreading, will dominate the agenda at this year’s World Economic Forum in Switzerland. Politicians and business leaders are gathering in the resort town of Davos, amid a warning from the International Monetary Fund that Europe‘s debt crisis could drag the rest [...]
Growth of Global Inequality Sowing ‘Seeds of Dystopia’: Report -Staff report The World Economic Forum released its global assessment on Wednesday, and it paints a stark future if world institutions – including governments, private industry, academic institutions, and civil society organizations – don’t make some radically practical changes. Risks will be top [...]
A Pepe Escobar article-Young Kim is in the house The old Kim is gone and the new Kim is in, but not much will change in the land of the Kim family dynasty.
There is not much uncertainty that comes with Kim Jong-il‘s death [EPA] Nobody knows what’s really going on in North Korea right now, apart from steady cataracts of tears – whether they are regime-imposed or not. The only certainty is that Dear Leader Kim Jong-il’s third son – the young, Switzerland-educated Kim Jong-un – will [...]
In a capitalist dream nation children can and do, do everything. There’s more profit that way. Preying on those in poverty and despair is all part of the growth economies of the elites
Children work in an artisanal gold mine, Kéniéba cercle, Mali. © 2010 International Labour Organization/IPEC RELATED MATERIALS: Global Mercury Reduction Treaty: Protect Health of Gold Miners Take mercury out of children’s hands RELATED AUDIO: Children as young as six are working in toxic conditions in Mali’s artisanal gold mines. This gold makes [...]
In the Ecrins Massif, glacial retreat is more than three times stronger than in the Mont Blanc region Continue reading the main story French Alpine glaciers in retreat By Jonathan AmosScience correspondent, BBC News, San Francisco Related Stories Swiss glaciers ‘in full retreat’ Glaciers in the French Alps have lost a [...]
Patches of artificial snow from a snow cannon are seen on otherwise bare slopes in the Swiss Alps. Photograph: Christian Hartmann/Reuters In Klosters, three weeks before Christmas, only one thing is missing – snow One of the favoured haunts of Britain’s rich and famous is suffering, like the rest of the Alps, from mild weather. [...]
UBS building under occupation by Occupy London today. Photograph: Peter Walker for the Guardian Occupy London takes over empty UBS bank – live Protesters escalate demonstration with ‘public repossession’ a day after ignoring Corporation of London’s demand for them to leave St Paul’s reddit this Comments (665) This page will update automatically every minute: On | Off [...]
Nuclear power loses its appeal after Japan crisis Switzerland latest country to shelve nuclear plant plans – but many states still lack an alternative low-carbon energy supply Share48 Ian Sample guardian.co.uk, Sunday 29 May 2011 22.00 BST Article history Greenpeace activists unfurl a banner against nuclear power from Brandenburg Gate in Berlin on 29 [...]