Friday 13 means in many countries bad luck. France, Austria and seven other countries in Europe are probably agreeing with that now as yesterday, January the 13, the US based ratings agency Standard & Poor’s cut France and Austria triple -A rating by one notch to AA+, and downgraded the other seven countries -Spain, Italy, Portugal, Malta, Cyprus, Slovakia and Slovenia two notches. Read the rest of this entry »

Yesterday we wrote about the US federal debt and the possibility of a potentially disastrous default were the problem go on unresolved. Today it is the turn of the EU and its financially troubled nations which are on the brink of economic collapse. Read the rest of this entry »

The chaos in European airports due to a volcanic ash plume from Iceland continue today and nobody knows really when things will go back more or less to normality. The hope is this weekend those hundreds of thousands of travelers who have been stranded all over Europe will be able to reach their destinations. 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 »