Summer reigns all over Europe, from Greece to Sweden. Vacations have emptied the offices, and filled the beaches. Flowers bloom all over, and their fragrance flows like a river. Endless festivals, performances and art compositions embellish the quaint old cities. But things are not as ever before. The old continent is sick. Living is easy,... Read More
How Should the Middle East invest its Rising Trade Surplus?
Published in the June 2008 issue of The Gulf, a weekly business news magazine published in Bahrain, and in Counterpunch Every week Mid Eastern countries acquire more dollars in payment for their oil and other exports, and also for rising U.S. investment in their stock markets and other property. This confronts them with a problem:... Read More