http://newsaura.wordpress.com A strong stance on world news Fri, 11 Nov 2011 21:35:07 +0000 en hourly 1 http://wordpress.com/ http://s2.wp.com/i/buttonw-com.png http://newsaura.wordpress.com http://newsaura.wordpress.com/2011/11/11/can-he-sell-austerity/ http://newsaura.wordpress.com/2011/11/11/can-he-sell-austerity/#comments Fri, 11 Nov 2011 21:27:02 +0000 newsaura http://newsaura.wordpress.com/?p=835 A five-day drama to form the new 'coalition government' has come to an end. Lucas Papademos will be Greece's 11th PM and along with his new cabinet, will lead the country through a transitional phase, aiming at securing the 6th and 7th tranches from the bailout funds as well as locking in the new rescue package essential..]]> http://newsaura.wordpress.com/2011/11/11/can-he-sell-austerity/feed/ 0 newsaura Lucas Papademos http://newsaura.wordpress.com/2011/11/01/abusing-referendums/ http://newsaura.wordpress.com/2011/11/01/abusing-referendums/#comments Tue, 01 Nov 2011 12:32:14 +0000 newsaura http://newsaura.wordpress.com/?p=820 It seemed things had been put in order after last Wednesday's EU summit in Brussels. EU leaders had collectively decided upon a comprehensive rescue package that would help Greece write-down its huge debt, recapitalize troubled European banks, and leverage.. ]]> http://newsaura.wordpress.com/2011/11/01/abusing-referendums/feed/ 0 newsaura Papandreou http://newsaura.wordpress.com/2011/09/20/why-save-the-eurozone/ http://newsaura.wordpress.com/2011/09/20/why-save-the-eurozone/#comments Tue, 20 Sep 2011 15:47:35 +0000 newsaura http://newsaura.wordpress.com/?p=808 The euro is definitely worth preserving. It's existence is at the best interest of all of its member states. Conflicts of national interests, the ruthless financial markets, and political miscommunication, are the major threats to the future of this currency. France and Germany, Europe's most influential states, have an obligation to..]]> http://newsaura.wordpress.com/2011/09/20/why-save-the-eurozone/feed/ 0 newsaura Saving Euro http://newsaura.wordpress.com/2011/06/18/greek-debt-crisis-a-country-under-modern-occupation/ http://newsaura.wordpress.com/2011/06/18/greek-debt-crisis-a-country-under-modern-occupation/#comments Sat, 18 Jun 2011 20:24:56 +0000 newsaura http://newsaura.wordpress.com/?p=791 It's been more than a year since Greece signed the notorious EU-IMF €110 bln aid package in an attempt to deter the country's economic default. Today, Greece faces even greater challenges, domestic and external. This week's cabinet reshuffling aimed at unifying the ruling party to make it able to..]]> http://newsaura.wordpress.com/2011/06/18/greek-debt-crisis-a-country-under-modern-occupation/feed/ 2 newsaura http://newsaura.wordpress.com/2010/10/03/a-currency-cold-war-in-the-making/ http://newsaura.wordpress.com/2010/10/03/a-currency-cold-war-in-the-making/#comments Sun, 03 Oct 2010 13:52:46 +0000 newsaura http://newsaura.wordpress.com/?p=786 Although global economic recovery is underway, it's also being uneven. On my last post I examined the potential effects of the newly-formed Basel III rules on global recovery and concluded to their minor impact. Today, however, global recovery is facing a new challenge; the prospect of a currency war between two giants..]]> http://newsaura.wordpress.com/2010/10/03/a-currency-cold-war-in-the-making/feed/ 1 newsaura dollar yuan http://newsaura.wordpress.com/2010/09/14/is-basel-iii-a-threat-to-global-recovery/ http://newsaura.wordpress.com/2010/09/14/is-basel-iii-a-threat-to-global-recovery/#comments Tue, 14 Sep 2010 20:18:27 +0000 newsaura http://newsaura.wordpress.com/?p=774 The question to ask here is, do we want a recovery similar to the previous ones in nature so as to end up here once again and start blaming the 'system'? A rational answer would be NO, but I will get back to that in a bit..]]> http://newsaura.wordpress.com/2010/09/14/is-basel-iii-a-threat-to-global-recovery/feed/ 0 newsaura JC Trichet http://newsaura.wordpress.com/2010/06/30/fiscal-adjustment-set-as-top-priority-from-g20/ http://newsaura.wordpress.com/2010/06/30/fiscal-adjustment-set-as-top-priority-from-g20/#comments Wed, 30 Jun 2010 12:13:08 +0000 newsaura http://newsaura.wordpress.com/?p=766 The G20 summit in Toronto was highly anticipated due to the vast number of threats the global economy is currently facing. China's move, days before the summit, to slightly appreciate its currency (yuan) was a good warm-up for the summit as it cleared the road for..]]> http://newsaura.wordpress.com/2010/06/30/fiscal-adjustment-set-as-top-priority-from-g20/feed/ 0 newsaura G20 Toronto http://newsaura.wordpress.com/2010/06/18/decision-time-for-the-international-bank-tax/ http://newsaura.wordpress.com/2010/06/18/decision-time-for-the-international-bank-tax/#comments Fri, 18 Jun 2010 15:01:43 +0000 newsaura http://newsaura.wordpress.com/?p=759 Ever since the global financial crisis burst in 2008, there has been an ongoing debate about the prospect of imposing levies on banks and their transactions to form a fund that would prevent the repetition of potential bank collapses (i.e. Lehman Bros.) that could jeopardise the global financial web. This is one of the hottest topics on the EU agenda awaiting..]]> http://newsaura.wordpress.com/2010/06/18/decision-time-for-the-international-bank-tax/feed/ 0 newsaura tax http://newsaura.wordpress.com/2010/06/06/greek-debt-restructuring-on-the-horizon/ http://newsaura.wordpress.com/2010/06/06/greek-debt-restructuring-on-the-horizon/#comments Sun, 06 Jun 2010 13:01:20 +0000 newsaura http://newsaura.wordpress.com/?p=749 Despite the massive financial aid granted by the IMF and the EU that amounted to 110 bn euros, debt restructuring is still considered to be a necessary step towards de-levereging or just stabilising debt level in the Greek economy. The recent aid package can only buy Greece a limited amount of time (a year may be). Efforts to contain debt escalation should start as soon as possible. Unlike fiscal deficits and inflation, debt..]]> http://newsaura.wordpress.com/2010/06/06/greek-debt-restructuring-on-the-horizon/feed/ 0 newsaura Temple of Poseidon at sunset http://newsaura.wordpress.com/2010/05/29/how-to-raise-public-awareness/ http://newsaura.wordpress.com/2010/05/29/how-to-raise-public-awareness/#comments Sat, 29 May 2010 10:37:00 +0000 newsaura http://newsaura.wordpress.com/?p=741 ]]> http://newsaura.wordpress.com/2010/05/29/how-to-raise-public-awareness/feed/ 0 newsaura public awareness