Bloody Ridiculous Investment Concept: Western View of the BRIC’s…

A History of the World, BRIC by BRIC by Pepe Escobar: Goldman Sachs — via economist Jim O’Neill — invented the concept of a rising new bloc on the planet: BRICS (Brazil, Russia, India, China, South Africa). Some cynics couldn’t help calling it the “Bloody Ridiculous Investment Concept.” Not really. Goldman now expects the BRICSContinue reading Bloody Ridiculous Investment Concept: Western View of the BRIC’s…

Medvedev: The End of his Presidency in Interview in Russia…

In a detailed interview to state and private channels, outgoing President Dmitry Medvedev has summed up the results of his work and outlined prospects for the so-called ruling tandem.on  26 April 2012 (RIA Novosti / Vladimir Rodionov) MARIANNA MAKSIMOVSKAYA (REN-TV): Good afternoon, Mr President, thank you for the opportunity to conduct this live interview, whichContinue reading Medvedev: The End of his Presidency in Interview in Russia…

Where does the world go from here?

Developed Western capitalist countries’ reflections on capitalism The world remains undeniably dominated by capitalism, but unlike before, people are increasingly worried about the future of capitalism, which is severely ill. Capitalists have become their own worst enemies, according to an article titled “How to Save Capitalism” published in Time magazine on Jan 30. Many peopleContinue reading Where does the world go from here?

Ukraine: Explosions set by someone in trash cans and such…

Explosions have shaken the Ukrainian city of Dnepropetrovsk injuring at least 27 people. The blasts struck a series of locations in the city center. Local authorities have begun a terrorist investigation into the incident. The first explosion went off as a crowded tram pulled into a stop injuring five passengers. Local authorities say it wasContinue reading Ukraine: Explosions set by someone in trash cans and such…

Nabucco Pipeline is Gasping in Death Thralls: Hungary Says No and Goodbye!

Hungary leaves Nabucco: Hungarian Prime Minister Victor Orban has said that his country is leaving the Nabucco gas pipeline project. Experts say this decision poses a threat to the entire project. Hungary’s action is based on a conflict between the country’s leaders and the European Union officials. Hungary’s state run MOL Company possessed 16 percentContinue reading Nabucco Pipeline is Gasping in Death Thralls: Hungary Says No and Goodbye!