Dennis Ross's Iran Plan
By Robert Dreyfuss
Diplomats and Middle East watchers hoping Ross would be sidelined are wrong. He is building an empire at the State Department: hiring staff and, with his legendary flair for bureaucratic wrangling, cementing liaisons with a wide range of US officials. The Iran portfolio is his, says an insider. Continue
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Are Hezbollah's sights really set on Egypt? Was the group sent to help Palestinians in Gaza? Or is this all political brinkmanship? Continue
Ireland is ECB's sacrifical lamb to satisfy German inflation demands: Put bluntly, Ireland is being forced to roll back the welfare state and tighten fiscal policy in the midst of a savage economic contraction in order to uphold the deflation orthodoxies of Europe's monetary union.
China's FX reserves growth collapses: The People's Bank of China disclosed on Saturday that the reserves -- the world's largest -- had risen 16 percent year-on-year to tally USD 1.95 trillion as at the end of March. "Even with a growth of USD 7.7 billion for the first quarter of this year, the increase was USD 146.2 billion lower than the same period in the preceding year," Xinhua reported.
U.S. government directs GM on quick bankruptcy filing: report: One plan being suggested would see the "good" assets of GM quickly put into new company in the event of a bankruptcy filing. The remaining "bad" assets, including weak brands, factories and health-care obligations, would remain in the old GM and be liquidated over time.
Shanghai car-maker SAIC makes approach for Vauxhall: The Chinese car manufacturer that owns the rump of MG Rover will this week begin considering a potential investment in a new European company that will house Britain's Vauxhall
Fending Off the Mortgage Industry: Savvy Activists Are Winning in Court and on the Streets, Keeping People in Their Homes
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