Monday, 17 January 2011 06:15 'A delegation from the International Monetary Fund (IMF) has travelled to Spain amid widespread speculations that the debt-ridden country might need an international bailout. The delegation will visit Spain on Monday in order to conduct a routine study on the country's financial system as part of an annual global report, AFP reported on Sunday. "An IMF staff team is currently traveling to a number of countries as part of its preparatory work on the April 2011 Global Financial Stability Report -- the IMF's regular report on global financial conditions," an unnamed IMF spokeswoman said.' Read more: IMF Visits Spain Amid Bailout Fears Sunday, 16 January 2011 09:34 'Several tonnes of armour plated metal and roiling engine might not seem the easiest object in the world to make invisible but boffins at BAE Systems believe that they have hit upon a way of rendering the mobile artillery vehicles “invisible”. The new breed of “e-camouflaged” tank boasts electronic ink and sensors which project images upon the outside of the vehicle in sync with its surroundings to flummox our enemies.' Sunday, 16 January 2011 10:08 'I had a long talk on Tuesday with one of the wisest and cleverest economic thinkers I know, and he was sure of one thing: we are heading for a crash. Is he right? The stock market has started the year strongly. Sterling is up against the dollar and was rising against the doomed single currency as well, until the Chinese – for their own Machiavellian reasons – bought vast quantities of euro debt Sadly, other indicators suggest that such good news as we have is an illusion. It mystifies me why the Bank of England didn't raise interest rates this week, with the threat of inflation now blindingly apparent. Think, though, what that would do to a housing market already heading south; or to those people with other, shorter-term debts, the repayments on which could well become suffocating. For many of them, the day of reckoning has been long postponed. Now, it may be just weeks away.'
this week.
Tunisia: German , Swedish and French Mercenaries Arrested
Monday, 17 January 2011 07:04
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Monday, 17 January 2011
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