As we are writing this, the G8 Summit 2012 is taking place in the American Presidential retreat of Camp David in Maryland. President Obama is hosting the summit and has been joined by the leaders of Germany, Britain, France, Italy, Russia, Canada and Japan. Read the rest of this entry »

There is a great possibility that we will never know what really happened in those villages in Kandahar where 16 Afghan civilians were massacred: nine children and seven adults. So far the official story is that Robert Bales, a 38-year-old American sergeant, went crazy after three deployments in Iraq where he was wounded and a fourth tour of duty in Afghanistan. Read the rest of this entry »

In ten days, Tunisia will held the first free elections since the ousting of their dictator, the corrupt Zine El Abidine Ben Ali. Read the rest of this entry »

As we already reported on May 26 and on June 15, the Palestinians were planning to seek full recognition of statehood from the United Nations something both the US and Israel were against. Read the rest of this entry »

The French presidential election will take place on 22 April with a run-off on 6 May were it to be necessary. As in the US there are two main parties contending, in the French case the Socialists and the Union for a Popular Movement (UMP ). Read the rest of this entry »

It has not ended yet though it is a foregone conclusion: in Libya the rebels have won. Obviously with a great help from NATO which has bombarded the country to the point of destroying much of it. Read the rest of this entry »

It was not necessary to be an economist to know that this financial debacle was about to happen. In both sides of the Atlantic politicians have left the banks rule and have been too timorous to face them. In the process, we have had the housing bubble -the US and Spain are two good examples of it-, unemployment at levels that are intolerable and an always growing difference between the haves and the have-nots. Read the rest of this entry »