Economy Economy News Resource
Tito as Balkan countries new tourism pitch
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- Published on Sunday, 26 May 2013 16:06
- Written by BC & Agencies
"Tito's Myth" is the first joint product that travel agencies from Southeast Europe will offer in order to attract tourists from third countries. The project will be launched next year..
Turkish mediterranean energy hub plan faces hurdles
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- Published on Monday, 20 May 2013 02:21
- Written by StratRisks
Israel's rapprochement with onetime strategic ally Turkey is a vital element in Ankara's drive to become the intercontinental east-west energy hub in the Mediterranean and many expect it to produce an energy alliance that will transform the region.
Turkish Prime Minister Tayyip Recep Erdogan has, since taking power in 2002, transformed his country's economic prospects through a wide-ranging diplomatic drive aimed at restoring Turkish leadership in the region.
He has long sought to transform Turkey, which has no energy resources of its own, into the unassailable central hub for transporting oil and gas from the eastern Mediterranean, the new hot zone, to Europe and maybe to Asia as well.
TAP gets status of “National Importance” in Albania
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- Published on Thursday, 27 December 2012 18:55
- Written by BC & Agencies
The Trans Adriatic Pipeline (TAP) has been granted the status of "National Importance" by the National Territorial Council chaired by Albanian Prime Minister, Sali Berisha, TAP website reported.
Overwhelmed by crisis, illegal migrants in Greece return home
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- Published on Monday, 29 April 2013 23:56
- Written by Burak Kılıç
Many illegal migrants who travel long distances to reach Greece and then on to other countries in Europe in search of better lives end up in miserable circumstances in Greece, hence more and more of these people apply to the International Organization for Migration (IOM) to return home.
Illegal migrants who pay large sums of money to human smugglers to take them to Europe are faced with harsh circumstances in Greece, which has been suffering from economic and social problems for several years. They can neither find a place to stay nor a regular job. So, they decide to return home, but many of them cannot even buy tickets and instead wait for support from IOM.
Gold, Germany & Geopolitics: Part One
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- Published on Monday, 12 November 2012 16:23
- Written by Dr. Joseph P. Farrell
This one has me reeling for several reasons, folks, and it may take me a few days to even talk about it over a multi-part blog, because I literally couldn't, and still can't believe it. For starters, let me first say that so many of you were on top of this story that I literally received various versions of it from all over the world from readers of this site, from Australia, to the subject of this story (Germany), to Taiwan, Great Britain, and even (I think) Japan and Brazil. The upshot is, many of you are thinking the same thing I am: this is huge, this is major, and, of course, because it is huge and major, the lamestream media presstitutes, particularly in the USSA, are not talking about it.
Haitian Farmers Burn Monsanto ‘Aid’ Seeds
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- Published on Saturday, 06 April 2013 20:54
- Written by BC-Stuff
In a remarkable display of protest and challenge by oppressed people against ever-expanding imperialist domination, 10,000 Haitian farmers gathered to burn over 400 tons of ‘aid’ seeds donated by the US-based multinational corporation, Monsanto.
James Turk - The Entire German Gold Hoard Is Gone
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- Published on Friday, 26 October 2012 20:07
- Written by BC-Stuff
Today James Turk shocked World News when he stated, “The entire German gold hoard was gone because it had been leased into the marketplace. Meaning, the vaults holding German gold were emptied by 2001 because of the Bundesbank leasing activities.”
Turk added, “Half of the gold they (the Germans) leased themselves. The other half of Germany’s gold hoard was eventually leased into the market as well through complicated swaps with the US. But the reality is that as of 2001, all of that German gold was gone. Meaning all German gold worldwide, which was supposed to be stored in vaults, the vaults were emptied of German gold and the gold was leased into the market.”
Turk went on to say, “It’s uncertain if any of that leased gold has ever been returned to those vaults. Meaning, the vaults which are supposed to be storing the German gold hoard may still be empty.”
Montenegro orders withdrawal of milk from Serbia, tests its own in Balkan health scare
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- Published on Saturday, 23 February 2013 13:51
- Written by BC-Stuff
Montenegro is withdrawing from sale some brands of milk from Bosnia and Serbia, and testing its own brands — the latest Balkan nation affected in a health scare caused by reports of contamination with a potentially cancer-causing toxin.
Montenegro's Ministry of Agriculture said Thursday all distributors should "without delay" withdraw five milk brands from Serbia and one from Bosnia, because they contain "higher than allowed" levels of aflatoxins, a fungus linked to mildewed cattle feed that can cause cancer if consumed in high doses.
Greece to lease 40 islands to reduce debt
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- Published on Sunday, 23 September 2012 16:59
- Written by BC & Agencies
Greece's Hellenic Republic Asset Development Fund has identified 40 uninhabited islands and islets that could be leased for as long as 50 years to reduce debt as pressure grows on the country to revive an asset-sales plan key to receiving international aid.
Germany to repatriate gold from US and France
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- Published on Wednesday, 16 January 2013 22:47
- Written by BC & Agencies
Germany's central bank is set to reclaim some of its vast gold reserves held in the US and France, a German daily reported. The move follows an audit criticizing Bundesbank for mismanagement, stating the funds had never been "verified physically."
Bundesbank voiced plans to withdraw its entire 450-ton store of gold bullion from the Bank of France in Paris, and a portion of the 1,500 tons currently held by the New York Federal Reserve, Handelsblatt reported.
The German government refrained from commenting on the reports ahead of its presentation of a new plan for the management of its gold reserves on Wednesday. Germany boasts the world's second-largest bullion reserves at 270,000 gold bars ($177.5 billion), second only to the US.
Depression, Suicides Rise as Euro Debt Crisis Intensifies
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- Published on Thursday, 06 September 2012 02:38
- Written by Holly Ellyatt
Europe is approaching a crisis as the region’s debt crisis and austerity measures increase the rates of depression, suicide and psychological problems – just as governments cut healthcare spending by up to 50 percent, according to campaigners, policy makers and health organizations.
A growing number of global and European health bodies are warning that the introduction and intensification of austerity measures has led to a sharp rise in mental health problems with suicide rates, alcohol abuse and requests for anti-depressants increasing as people struggle with the psychological cost of living through a European-wide recession.
“No one should be surprised that factors such as unemployment, debt and relationship breakdowns can cause bouts of mental illness and may push people who are already vulnerable to take their own lives,” Richard Colwill, of the British mental health charity Sane, told us.
