With the global economical turmoil the annual gathering in Davos, Switzerland to last from the 28 January until the 1 February has become less glamorous and more intense. There have been probably not winners but some losers among the poorest nations in the world as those who have still more than enough are nevertheless feeling a little the pinch and contributing less. Read the rest of this entry »

In a real show of democracy at work the French are showing their president, Nicolas Sarkozy, their displeasure. Hundreds of thousands of French employees -teachers, postal workers, hospital staff, check-out employees in supermarket, bus and train drivers, etc.- did stop working today and started demonstrations across France this afternoon in the first general strike to hit an industrialized nation since the start of the global financial crisis. Read the rest of this entry »

Barely one week after being inaugurated President Obama faces an economic crisis which is not getting any better. On the contrary, yesterday major American companies cut tens of thousands of jobs and housing and financial troubles continue to grow. Read the rest of this entry »

-Among the many matters the Obama administration is working on there is the massive economic stimulus proposal. On Friday the U.S. Senate Democrats unveiled their version of a stimulus that, like its counterpart in the House of Representatives, would provide emergency spending and tax cuts totaling $825 billion. Read the rest of this entry »

After all that was written for and against the possibility of Caroline Kennedy becoming the next US senator for New York, the post just left vacant by Hillary Clinton, we can forget about it. It appears that Ms Kennedy has taken herself out of the race. Yesterday there were contradictory press reports about her candidacy, one moment she was in the next she was out. Read the rest of this entry »

After an inauguration watched by millions of people, yesterday Barack H. Obama became the 44th president of the United States. It was a day full of celebrations with festivities of all kinds. Today we all came back to earth and took charge of our normal daily lives. Read the rest of this entry »

As I write this just one day ahead of the inauguration of the 44th President of the United States, I realize the pride black Americans must be feeling and wonder how it took so long for the country to choose a black president. Read the rest of this entry »