arhiv za januar 2008

Kosovo declaration ‘not imminent’

BBC - Kosovo’s Prime Minister Hashim Thaci has hinted at a possible delay before an independence declaration, dampening speculation that it may be imminent. “On independence day, Kosovo will have finished preparing the constitution, as well as the state symbols,” Mr Thaci told the BBC’s Albanian Service.

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Pozdravimo se i sa 2010. godinom

Jutarnji list - Prema obećanjima bivše i sadašnje HDZ-ove vlasti koja su možda već neopravdano zaboravljena, Hrvatska je još lani trebala postati punopravna članica Europske Unije. Sretni se događaj 2007., kao što znamo, nije dogodio. Danas je 2008., a najraniji termin uz koji se sada vežu nade o ulasku naše zemlje u EU jest 2010.

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Desperate Measures - Fed Under Fire after Huge Rate Cuts

Spiegel - In a drastic step, the Fed has lowered its key interest rate to 3.0 percent, the second large cut in two weeks. Critics warn that the move poses its own dangers — and may even seduce banks into taking bigger risks.

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For European banks, concerns mount over write-downs

International Herald Tribune - When UBS of Switzerland disclosed in October that it had written down $3.6 billion in the value of its mortgage-backed securities, it was praised by several analysts for biting the bullet. Then, in December, it said it would write down $10 billion more, rattling those who follow the Swiss bank, but earning the grudging respect of some for trying to get a handle on the subprime fiasco. On Wednesday, UBS warned it would mark down yet another $4 billion worth of securities, leading to the bank’s first annual loss since it was formed in a merger in 1998. Now, all bets are off. “This is shocking stuff,” said Aye Idehen, a fund manager at Kleinwort Benson, a unit of Allianz in London, who holds UBS stock in his portfolio. “The worrying thing is there seems to be no end to this.”

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Sentenced to death: Afghan who dared to read

Independent - A young man, a student of journalism, is sentenced to death by an Islamic court for downloading a report from the internet. The sentence is then upheld by the country’s rulers. This is Afghanistan – not in Taliban times but six years after “liberation” and under the democratic rule of the West’s ally Hamid Karzai.

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Are You Ready for ‘Stagflation-Lite’?

BusinessWeek - Even as the Fed unleashes rate cuts, the economy may be in for weak growth coupled with inflation, though not as severe as the 1970s.

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Fed rate cut right move, analysts say

Boston Globe - Policy makers yesterday cut the Fed’s benchmark interest rate by another half-point, just eight days after slashing it by three-quarters of a point in an emergency meeting. Such a cut in such a short time is unprecedented, analysts said, reflecting the extraordinary tur moil in financial markets and the subsequent damage to the economy caused by the meltdown in US housing markets.

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Americans disappointed in their country

Pravda -  Most Americans believe their country’s economy is in decline and that its cities are experiencing economic troubles on a variety of fronts, according to a Zogby International Poll released Wednesday.

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 aktualno

The sanctity of evil

Times, by John Habgood - Personal evil is essentially about wilfulness rather than reason, nor can it be subsumed within our rational understanding. Evil in this sense, as part of our humanity, is not a fashionable concept, but we have good reasons to recognize it, not least in ourselves.

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Breast vs bottle: the new battleground

Independent - Just as the Department of Health is trying to promote breastfeeding, food giant Nestlé, makers of powdered baby milk, is forging links with the Government.

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The Coming Revolution in Africa

Wilson Quarterly, by G. Pascal Zachary - A rising generation of small farmers promises not only to put food on the African table but to fundamentally change the continent’s economic and political life.

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Churchill and His Myths

NY Review of Book, by Geoffrey Wheatcroft - Apart from the famous words “I have nothing to offer but blood, toil, tears and sweat” (deftly filched from Garibaldi in 1849: “Non offro nè paga, nè quartiere, nè provvigioni. Offro fame, sete, marce forzate, battaglie e morte”), that speech proposed Churchill’s [...]

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It’s hell being a superhero

Telegraph - They’re invading our cinemas this summer, but saving the world is the least of their problems. The modern hero is a messed-up guy who drinks too much – and is all the more super for it, says James Delingpole.

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How the Tate got streetwise

Guardian - It’s the anti-establishment movement that has taken the art market by storm, keenly collected by hedge-funders and Hollywood’ s A-list. Now, even Tate Modern is giving Street Art its stamp of approval.

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Unexplained Mass Die-Off Hits German Hives

Spiegel - Bees in the German state of Baden-Württemburg are dying by the hundreds of thousands. In some places more than half of hives have perished. Government officials say the causes are unclear — but beekeepers are blaming new pesticides.

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