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Category Archives: The world we live in Now
The news of public discontent
By Michael Wines BEIJING — “After all the wind and storm, what’s going on with the high-speed train?” read the prophetic message posted last Saturday evening on the Chinese microblog Sina Weibo. “It’s crawling slower than a snail. I hope nothing … Continue reading
Cutting, taxing, spending….
By Thomas L Friedman There is only one thing worse than Republicans and Democrats failing to agree to lift the debt ceiling, and that is lifting the debt ceiling without a well-thought-out plan and with hasty cuts totaling trillions of … Continue reading
Posted in The world we live in Now
Tagged Business and Economy, Obama administration, United States
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Climate change and Security
The UN Security Council has expressed concern that climate change may aggravate threats to international peace and security after what diplomats described as intense negotiations between Germany and Russia, which initially opposed any council action.
The silence of the United States
Freedom vs interest – Fault Lines’ Seb Walker travels to the Perisan Gulf to look at US policy in the region, and to explore why the US has taken an interventionist policy in Libya, but not in Bahrain, where there has … Continue reading
Debt and delusion
By Robert J. Shiller Economists like to talk about thresholds that, if crossed, spell trouble. Usually there is an element of truth in what they say. But the public often overreacts to such talk. Consider, for example, the debt-to-GDP ratio, much … Continue reading
Posted in The world we live in Now
Tagged Debt-to-GDP ratio, Greece, Gross domestic product, United States
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The mess in Wapping
By Schumpeter ( The Economist) ON JULY 15th “Fox & Friends”, a show on Fox News, condescended to cover the scandal that is mesmerising the world. Steve Doocy, the host, and Bob Dilenschneider, his guest, conceded that there is a … Continue reading
Posted in The world we live in Now
Tagged News of the World, Power of the Media, Rupert Murdoch
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No, they don’t represent us
Thousands of “indignant” demonstrators are angered by politicians’ faliure to solve high unemployment and economic woes. From the English edition of the Spanish Newspaper ” El Pais”
Terrorism is propaganda
By Dr Robert Lambert With the death toll nearing 100, Anders Behring Breivik has been arrested and charged with Norway’s worst act of terrorism. His lawyer has indicated that Breivik had planned the attack for some time and would explain in court … Continue reading






