Sunday, 20 November 2011

Germany's Central Bank against the World

http://www.spiegel.de/international/europe/0,1518,797666,00.html


Arab League risks Russian wrath by approaching West over Syria

Britain and France have been approached by senior Arab League officials about taking the lead in a Libya-style contact group which would coordinate the next phases of action against President Bashar al-Assad, and plan for what many regard as his inevitable departure from power.
It is widely believed that the approach to Britain and France has considerable support within the Arab League with many states feeling that the Europeans' proximity to the Middle East and their greater understanding of its complexities would make them better leaders of such a contact group than the United States. King Abdullah of Jordan presented the case to British Prime Minister David Cameron during talks on Tuesday.
French Foreign Minister Alain Juppe appeared to take France's first steps toward assuming a leadership position by calling on the UN Security Council to take action against Syria after meeting with his Turkish counterpart, Ahmet Davutoglu, on Friday.
One senior Arab diplomatic source told Britain's Daily Telegraph newspaper on Friday that Syria's neighbors held too many different views to coordinate action effectively and that the West had to take the lead in formulating a robust international response should Syria collapse. "Leaving it all up to us, you are going to get a lot of shenanigans," the source is quoted as saying. "If you need a team captain on this you have got to go to the West."

Buyers Of Last Resort

Buyers Of Last Resort: As Dumping Accelerates, Here Is Who Is Stuck Buying Another €741 Billion In Italian Bonds


Nomura "Goes There" With "The Legal Aspects Of A Eurozone Breakup"