Between 2005 and 2011 British household incomes have tumbled below those of rich-nation counterparts in Switzerland, Australia, Austria, France, Canada, Belgium and Sweden, according to a new analysis from the UK’s Office of National Statistics. Despite some decent recent news on industrial production, the UK economy remains quite weak….
Read more: http://qz.com/84658/uk-household-income/
Six Belgian senators introduced a draft resolution in the Belgian Parliament that would make “Islamophobia” a crime punishable by fines and imprisonment. A person would be guilty if he “considers Islam to be violent, threatening or supportive of terrorism…” or “considers Islam to be a political ideology, used for political and military purposes to establish it hegemony.” If passed, the law would pose a devastating blow to the exercise of free speech in [...]
Those who have been following the US debt to GDP ratio now that the US officially does not have a debt ceiling indefinitely, may have had the occasional panic attack seeing how this country’s leverage ratio is rapidly approaching that of a Troika case study of a PIIG in complete failure. And at 107% debt/GDP no explanations are necessary. Luckily, the official gatekeepers of America’s economic growth (with decimal point [...]
JAMES KANTER, STEPHEN CASTLE and NIKI KITSANTONIS
March 11, 2013
The president of the European Commission on Monday called on E.U. leaders to stay the course on debt reduction and economic overhauls, as he sought to head off a rancorous debate on those issues when the leaders hold a summit meeting here this week.
“Steadfast implementation of reforms is beginning to deliver results in terms of current accounts and regaining competitiveness,” the commission [...]
And they wonder why there is ‘white flight’ away from cities all over Europe with large Muslim populations? In Spain, the sharia patrols not only are harassing and intimidating non-Muslims, they are also poisoning dogs belonging to non-Muslims.
This CNN reporter keeps emphasizing how it’s only a ‘tiny minority’ responsible for this abhorrent behavior. It’s only a ‘tiny minority’ who are terrorists, too, but what is a tiny minority of 1.5 [...]
“Niger’s ambassador to Belgium and his wife have been found dead at their residence, apparently the victims of carbon monoxide poisoning, the embassy says. The bodies of Issaka Djibo, 61, and his wife, Fatouma, 50, were found in their bedroom by their daughter, alerted by an embassy employee who had not heard from the ambassador. Initial findings suggested the couple died from carbon monoxide poisoning due to a faulty heater, the Belga [...]
Identical twin brothers euthanised by doctors in unique Belgium case
Twins, who were born deaf, made decision after learning they would go blind
The brothers, who spent their lives together, were unable to bear the thought of never seeing each other again
A pair of identical twins, who were born deaf, have been killed by Belgian doctors after seeking euthanasia when they found out they would also soon go blind.
In a unique case [...]
As the redesign of Europe churns along in 2013, some still fear that one or more eurozone states will take its leave. Others warn that individual European states will soon crack from within, as less familiar flags appear in places such as Catalonia, Scotland and Flanders. There are separatist pressures building within Spain and the UK, and Belgium’s unity remains fragile as well. But, at least for 2013, there [...]
armstrongeconomics.com / By Martin Armstrong / December 18, 2012
The French actor Gerard Depardieu has left France and was publicly ridiculed for not wanting to turn over 75% of his wealth. Gerard has fired back and is clearly pissed-off how he was treated in France and sent an open letter to the Prime Minister. He writes that he paid EUR 145 million taxes in 45 years and Belgium neither has wealth tax [...]
Beer aficionados are pouncing at the rare opportunity to buy one of the world’s most elusive and revered beers for the first – and perhaps only – time in the United States. It is called Westvleteren XII, and it is often hailed as the “world’s best beer” by reviewers and fans. Westvleteren XII is produced by Trappist monks in Belgium and sold at the abbey of Saint Sixtus in the [...]
According to an article in Le Monde (via Finans Akrobat), France’s richest man and head of the luxury goods company lVMH, Bernard Arnault is trying to move to Belgium.
From Le Monde, via Google Translate:
French first fortune, Bernard Arnault would become the man richest man in Belgium . According to Freedom of Belgium , the multibillionaire asked late August to be naturalized. His case is now on the table of the Committee on Naturalization s must ‘ ensure that the candidate has many “real ties” in Belgium.
The motivations [...]
European governments are rushing to boost stockpiles of crude oil and fuel, anxious to comply with new EU rules and amid reports that Israel is preparing to launch an attack on Iran.
Belgium and the Netherlands have issued tenders to import a total of around 250,000 tonnes of diesel and gasoline for delivery in September and October, their agencies said.
France has also bought diesel and awarded a crude oil tender this [...]
Partial translation of an article in dutch that was posted early this morning:
20/08/12 – 04u48 Source: belga.be
Not just the reactor at Doel 3, but all seven nuclear power plants in Belgium are in danger, according to Eric van Walle of the centre for nuclear energy in Mol. “And more so: in all reactors of this generation – worldwide – defects can occur.” The problems with the reactor vessel in Doel [...]
Doel 3 nuclear reactor at Doel Nuclear Power Station in Belgium was shut down on August 8, 2012 under the suspicion that one of its components might be cracked. “We have found anomalies,” said Karina De Beule, spokesman for the ACFN, the federal agency for nuclear control.
The station is located in the most densely populated area of all nuclear power stations in Europe, with 9 million inhabitants within a radius of 75 [...]
41 * *
the full list : http://sq.4mg.com/NationIQ.htm
The whole world knows the name Gavrilo Princip, and that of the man he assassinated, Archduke Franz Ferdinand. Princip’s shot triggered the Austro-Hungarian invasion of Serbia that set in motion the chain of events leading to the Great War of 1914.
After Serbia appealed to Russia for help, Russia began moving towards mobilization of its army, believing that Germany was using the crisis as an excuse to launch war in [...]
19) San Marino
23) Vatican City
Spotify has today unveiled an all-singing, all-dancing app for the iPad.
Far from being simply a larger version of its phone app, the folks at Spotify have concentrated on specific features that play to the strengths of the mighty tablet.
These include impressive interactive displays, with sharper images and richer colours.
Scroll down for video
Spotify for iPad: The first thing users will see with their new Spotify app is the log-in screen, with [...]
Following this week’s ongoing battery of abysmal economic news out of Europe it will hardly come as a surprise that yet another indicator has been released and is pointing to a multi-year low in the deleveraging (elsewhere called incorrectly austere) continent, namely the Euro-area wide confidence index which just slide to the lowest leve since 2009, missing every single estimate and declining sequentially across the board.
Economic confidence 92.8, est. 94.2 [...]
Austria public debt $306.5 Billion 72.1% of GDP External debt $883.5 Billion208% of GDP…Government surplus/deficit -$22.2Billion Trade deficit/surplus -$2.4 Billion Largestconsumer of exports Germany 32% Italy 7.9%…largest supplier of importsGermany 44% Italy 6.8% Oil deficit/surplus -248,310bbl/day
Belgium public debt $527.4 Billion 99.7% of GDP External debt $1,399 Trillion264% of GDP…Government surplus/deficit -$15Billion Trade deficit/surplus -$0.4 Billion Largestconsumer of exports Germany 19.1% France 17%…largest supplier of importsNetherlands 19.1% Germany 16.4% Oil deficit/surplus [...]
February 17, 2012, at 5:01 pm
by Jim Sinclair in the category General Editorial
My Dear Friends,
Iran is to be dropped out of the Swift system in Belgium. That means Iran could neither send or receive bank money wires.
That would slam Iran’s economy.
This is economic war at the highest level of conflict. This could start a greater move of central banks with fears of the West to increase and retrieve their gold positions. It certainly [...]
country Details Assets| Liabilities
2011-Q3 Belgium Reorganisation and transfer of activities of reporting bank. 14.8| 16.8
2011-Q3 Finland Changes in reporting practice. -40.2| -40.3
2011-Q3 Norway Changes in the reporting population. 5.2| 7.7
2011-Q3 United Kingdom Improvements in reporting practice and changes in the
reporting population 416.5 309.1
country Details Assets Liabilities
2009-Q1 United States Revisions from reporting banks. -3.5| 15.2
2009-Q2 United States Revisions from reporting banks. -1.5| 5.2
2009-Q3 United States Revisions from reporting banks. [...]
From Peter Tchir of TF Market Advisors
Ratings Actions Out
Not sure why they felt the need to wait until 430 since most of it was leaked already. Germany back to stable outlook is good. Austria and France chance EFSF but guess that is what LTRO is for. Italy and Portugal would be in trouble in the real world but so long as ECB views them as money good the countries and [...]
1) Denmark – 48.3% - with a GDP per capita of $62,100 (#8 in the world)
2) Sweden – 47.1% - with a GDP per capita of $51,950 (#14 in the world)
3) Belgium – 44.3% - with a GDP per capita of $47,090 (#19 in the world)
4) Austria – 42.9% - with a GDP per capita of $49,600 (#17 in the world)
5) Finland – 42.8% - with a GDP per capita of $51,320, (#15 in the [...]
1) Spain: 22.8% 2) Greece: 17.5% 3) Finland: 9.9% 4) France: 9.8% 5) United States: 8.6% 6) Italy: 8.5% 7) United Kingdom: 8.3% 8) Canada: 7.4% 9) Germany: 6.9% 10) Sweden: 6.7% 11) Belgium: 6.6% 12) The Netherlands: 5.8% 13) Australia: 5.3% 14) Japan: 4.5% 15) Taiwan: 4.3% 16) Denmark: 4.2% 17) Austria: 4.1% 18) Norway: 3.3% 19) South Korea: 3.1% 20) Switzerland: 3.0% 21) Singapore: 2.0% +++++ The US [...]
(BBC News) A gun and grenade attack in the centre of the Belgian city of Liege has killed at least two people and wounded about 25 including a toddler, media say.
Witnesses say a man in his 40s threw grenades at a bus stop in Place Saint Lambert, a busy square. At least one other man is thought to be involved.
Reports say one of the attackers is among the dead.
Local media [...]
(ZH) What Mario Draghi did today is the worst of all possible worlds: on one hand he is allowing more financial risk-taking on the ECB’s dime courtesy of increased liquidity and relaxed collateral requirements as well as longer LTROs, on the other he essentially killed any provisional bailout rumors, saying that the ECB will not monetize, nor lend to the IMF. The result: sovereign risk is soaring, as seen by [...]