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Disaster payouts

Economist - Last year 149 natural and man-made disasters hit Asia, causing 13,748 dead or missing. In addition, insurance losses to property and business interruption amounted to $3.5 billion, according to Swiss Re, an insurance company.

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Estonian Spy Scandal Shakes NATO and EU

Spiegel - For years an Estonian government official has apparently been collecting the most intimate secrets of NATO and the EU — and passing them on to the Russians. The case is a disaster for Brussels.

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Bring back the link between gold and the dollar

Financial Times - The lesson that must be learnt from this disaster is that “free market” capitalism under a fiat money regime does not produce the same blessings (sustainable prosperity) that are produced by true free market capitalism within a monetary system anchored by gold.

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I genuinely hope that Obama can be the heir to John F Kennedy

Guardian, by Oliver Stone - There is no doubt the job is enormous. It’s equivalent to what Franklin D Roosevelt faced in 1932. There’s that sense of a huge change in America. And I think the expectations are so high of him they become dangerous because they can lead our egos to the [...]

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