Greeks rush to withdraw cash as government admits it can’t make IMF payment

Greeks rush to withdraw cash as government admits it can’t make IMF payment

Special to WorldTribune.com An unprecedented frenzy of bank withdrawals followed the collapse of talks between Greece’s government and its eurozone lenders as officials confirmed the country can’t make a 1.6 billion Euro payment to the International Monetary Fund (IMF) due by June 30 without a re-worked deal. Greece’s top negotiator, Euclid Tsakalotos, told Reuters the […]

Eight strategic factors bearing on 2012, the year of ‘Great Power Impotence’

Eight strategic factors bearing on 2012, the year of ‘Great Power Impotence’

Special to WorldTribune.com By Gregory Copley and Yossef Bodansky, Global Information System Rarely in the past six decades has global context counted for as much in strategic forecasting trend analysis as it does at the dawn of 2012. Reliance on stove-piped analysis of strategic sectors such as economic and financial issues, security issues, politics, geopolitics, […]

2012: What a year and it’s just starting!

2012: What a year and it’s just starting!

John J. Metzler NEW YORK — It’s once again time to peer into the foggy crystal ball and try to decipher the future political trends and events. Indeed, after the roller-coaster year of 2011, it’s hard to imagine that 2012 could hold some equally disquieting social, political and economic turmoil. But few predicted the sweeping […]

Drastic fixes for critical crises or dodgy compromises for bumps in the road?

Drastic fixes for critical crises or dodgy compromises for bumps in the road?

Sol W. Sanders “Moderation in all things”, said a pre-Christian North African Roman dramatist, Terence [Publius Terentius Afer]. But like so many artists, he latched on to a beautiful artifact but got the logic wrong. He’s echoed these days in the oft repeated mantra from talking heads calling for compromise. It usually follows a description […]

And China was going to save the global economy? Guess again

And China was going to save the global economy? Guess again

Sol W. Sanders Creeping up on the outer edges of Wall Street soothsayers’ economic crystal ball, until now dominated by American and Euro crises, is growing concern about China. The inane idea China [and India, which is also in trouble] would somehow rescue the world economy is now, finally, dismissed by the pundits — without […]

Question not on big media’s radar screen: How will America be impacted by the growing EU crisis?

Question not on big media’s radar screen: How will America be impacted by the growing EU crisis?

Sol W. Sanders An old Chinese curse, “May you live in interesting times”, has become a bromide. I suspect those old Chinese savants were smarter: Confucius [and his St. Paul, Mencius] codified rules and ceremonies for all princes for all eternity, undoubtedly suspecting, rightfully, all eras would have many if not most of the same […]