Special to WorldTribune.com By Norman Bailey The current issue of “The Economist” has a cover picture of people being discharged into a trash dump, with the headline “Generation Jobless” and the subtitle “The Global Rise of Youth Unemployment”. In the article inside the magazine it points out that global youth unemployment, as reported by official [...]
John J. Metzler UNITED NATIONS — “Asia Pacific economic economies will see subdued growth in 2013 after last year’s sharp slowdown caused by external factors,” is the prognosis from a recent UN survey. “Economic growth in the developing countries of Asia and the Pacific slowed to 5.5 percent in 2012 as a result of the [...]
John J. Metzler NEW YORK — “Trade is the cheapest way to produce growth,” exclaimed European Commission President Jose Manuel Barroso before an executive audience adding, that a planned Transatlantic trade pact between the USA and Europe Union would produce a “win-win solution in trade” for both sides of the Atlantic. “Our partnership,” stated President [...]
John J. Metzler UNITED NATIONS — “The rise of the South is unprecedented in its speed and scale…when dozens of countries and billions of people move up the development ladder as they are doing today, it has a direct impact on wealth creation and broader human progress,” cites the glowing introduction to the UN Development [...]
Sol W. Sanders We live in dangerous times. Not so much that the world economy threatens to crash, that our carefully nuanced political system in the U.S. is momentarily checkmated, or even that while the U.S. is running the highest unemployment rates in recent memory the European Community has not resolved its disintegrating common [...]
Special to WorldTribune.com Compiled by Miles Yu, Geostrategy-Direct.com The U.S. oil giant Exxon Mobil Corp has decided to sell its stakes in the West Qurna phase 1 oilfield in Iraq. Exxon will sell its stakes to Chinese state-run oil giant China National Petroleum Corp [CNPC], China’s official newspaper China Daily confirmed on Jan. 24. With [...]
Special to WorldTribune.com By Thomas J. Basile You have to hand it to the President. He is very transparent about his vision for America and his ideological crusade to, in his words, “remake” this nation. He’s not the kind of guy who keeps you guessing. I actually like that about him. It’s his hubris but [...]
Special to WorldTribune.com By Cliff Kincaid A brave soul, John Mackey, CEO of Whole Foods, raised the specter of fascism when he was talking about the requirements of the top-down federal Obamacare system. The term made Carol Costello of CNN go into orbit on a recent program but Mackey got the better of the exchange [...]
Special to WorldTribune.com BAGHDAD — Iraq has selected a U.S. consortium to modernize the nation’s leading port. The government of Iraqi Prime Minister Nouri Al Maliki has signed a $14 million contract for the modernization of a port in the southern province of Basra. Under the 10-year accord, the consortium, led by North America Western [...]
Special to WorldTribune.com BAGHDAD — Iraq plans to oversee an imminent project to build a major oil refinery. The Oil Ministry has completed preparations for the design of a refinery in the southern Iraqi city of Nasseriya. Officials said the ministry has selected the U.S. firm UOP, to design the refinery, meant to have a [...]
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