Friday, 14 October 2011

George Soros seeks to profit by rescuing Europe

http://en.ria.ru/analysis/20111014/167692911.html

European Union Directives,Regulations and Laws.
EU watchdogs set sights on bank trading floors
Financial Post (blog)
The priority for banks is to deal with the sheer volume of new European Union directives being discussed, bankers said this week. They cannot yet gauge the impact on profitability, which has already been hit by new capital rules. ...
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Massive Cornwall waste plant is rejected by judge
West Briton
A High Court judge yesterday quashed the Government's decision to approve planning permission for the incinerator, ruling that the environmental impact had not been properly considered under an EU directive. The landmark ruling prompted tears of joy in ...
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EU bans pre-ticked boxes on websites
Travolution
A statement said: “With the new directive, pre-ticked boxes will be banned across the European Union.” Online traders must disclose the total cost of the product or service, as well as any extra fees under the new rules - and customers will be exempt ...
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Ireland's judges lose their wigs in austerity move
http://www.google.com/hostednews/ap/article/ALeqM5jBU7Hes-vf6KMMsp4Y4edFhcDr_Q?docId=5bd6faea4cd14faaa3de84ac40b0b1d6

Irish Budget Watchdog Calls For Further Austerity
http://www.tax-news.com/news/Irish_Budget_Watchdog_Calls_For_Further_Austerity____51949.html

Portugal toughens austerity in budget
http://www.skynews.com.au/finance/article.aspx?id=673389&vId=

Draghi Urges Italy to Implement Austerity to Avert Spiral
http://www.bloomberg.com/news/2011-10-12/draghi-urges-italy-to-implement-austerity-to-avert-debt-spiral.html

Spain health service chokes as austerity tightens
http://www.baltimoresun.com/health/sns-rt-us-spain-healthcaretre79a1s1-20111011,0,1748770.story

French unions hold strikes, protests against austerity measures amid euro crisis
President Nicolas Sarkozy’s conservative government says the cost-cutting measures are essential to reducing the country’s debts and allowing France to remain a pillar of the troubled eurozone.
http://www.washingtonpost.com/world/europe/french-unions-hold-strikes-protests-against-austerity-measures-amid-euro-crisis/2011/10/11/gIQAJy6sbL_story.html

Troika concludes Greek mission, warning more austerity needed in 2013
http://euobserver.com/19/113892

UK's Cameron: Austerity is only solution to crisis
http://www.google.com/hostednews/ap/article/ALeqM5jEHrlbQ8owpkFuAZCzTY3KzgQxzg?docId=83ff9c07743a4cd184b11c86aae73ad3

Mort Zuckerman
A bankrupt America needs an age of austerity
http://www.ftchinese.com/story/001039681/en

American Profligacy and American Power
The Consequences of Fiscal Irresponsibility
By Roger C. Altman and Richard N. Haass
November/December 2010

Summary:
The U.S. government is incurring debt at an unprecedented rate. If U.S. leaders do not act to curb their debt addiction, then the global capital markets will do so for them, forcing a sharp and punitive adjustment in fiscal policy. The result will be an age of American austerity.

http://www.foreignaffairs.com/articles/66778/roger-c-altman-and-richard-n-haass/american-profligacy-and-american-power
http://www.relooney.info/0_New_9635.pdf

France Could Restrict Banks Right to Pay Dividends, Figaro Says