Eurozone deal: Pros and cons

This is probably the best situation we could realistically hope to achieve under the present circumstances. The markets will rally for a while, but if the details are not convincing and the doubts remain.

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G20 as a global government?

The G20 summit will take place in Seoul on 11-12 November 2010.

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Protests in France: Will Sarkozy compromise?

It is almost for sure he will not and after  Senate will say yes to the pension reform on Wednesday Sarkozy will sign the law.

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Are fake goods fine? Not so fast

Fake goods are fine, says EU study. The article with this title appeared  on the website of The Daily Telegraph.  In the article is quoted Professor David Wall, expert on criminology from Durham University. I have contacted him and he told me the piece requires some explanation.

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Juncker manipulates history

He is the President of the Euro Group and he wants to criticize the decision of Slovakia’s parliament not to support the bailout for Greece. No problem. Jean-Claude Juncker has every right to criticize it if he thinks it was a bad move. But he should based his criticism on the real facts, not on his version of history.

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The man who dies rich, dies disgraced

Said Andrew Carnegie. Investor Warren Buffett and Microsoft founder Bill Gates announced that they are asking hundreds of billionaire Americans to give away at least 50 percent of their wealth to charity. They launched the website www.givingpledge.org and it said each person who chooses to pledge will make this statement publicly, along with a letter explaining their decision to pledge.

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Curse or blessing? Vast mineral wealth was identified in Afghanistan

The reserves include  iron, copper, cobalt, lithium and gold with the estimated worth of $1-trillion USD. But some experts doubt it is only a good news for Afghanistan.

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