After more than a year, and after a credit downgrade, Belgium will finally create a government

Since March 2010 Belgium has been without an official government.  The problem arose when Dutch speaking Belgians (Flemish) took control in elections, then suggested splitting the country into two halves; one side for French speakers (francophones), the other side for Dutch speakers.

The 2010 elections came about after the Belgian King dissolved the previous government, […] Continue Reading…

Corporate Hypocrisy: FMC spends money to take over companies that clean up pollution, yet refuses to clean up Idaho Super Fund site? FMC issues millions in debt notes, to join the growing trend of stock buybacks by Corporate America.

From 1949 to 2001, U.S. based FMC operated a phosphorus processing plant in southeastern Idaho, just west of Pocatello and Chubbuck.  Ten years later that plant is now an EPA Superfund site, and locals are still waiting for FMC to clean it up!

The hypocrisy is that FMC has been going around spending money buying […] Continue Reading…

Corporate Incompetence & What Economic Recovery? Another U.S. computer company, Dell, spends big, and loses big, in Taiwan. Want to work for Dell? Move to Taiwan

Taiwan’s Ministry of Economic Affairs named U.S. based Dell their third biggest foreign buyer, after Hewlett Packard and Toshiba.

This comes after Dell was ordered (some says ‘suggested’) by the Taiwan government to honor a pricing mistake on 19 inch monitors and pricey laptop computers.  The monitors were mistakenly priced at U.S.$15.00 and the laptops […] Continue Reading…

Corporate Incompetence: Hewlett Packard cancels TouchPad, turns out it’s the number two selling tablet in the U.S.!

“76% of consumers who purchased a non-Apple tablet didn’t even consider the iPad, an indication that a large group of consumers are looking for alternatives, and an opportunity for the rest of the market to grow their business.”-Stephen Baker, NPD Group

On August 18, HP announced it was stopping production of its […] Continue Reading…

What Economic Recovery? Is Hewlett Packard lying about investing in U.S. operations? Spends tens of billions of dollars in Taiwan, hires hundreds of Taiwanese while laying off hundreds of Americans

On November 25, the Taiwan government’s Ministry of Economic Affairs (MEA) recognized U.S. based Hewlett Packard (HP) as the number one foreign buyer of Taiwan made computer related products.

The MEA refused to give an exact dollar amount but said it was at least 10% more than what HP spent in 2010.  In 2010 HP […] Continue Reading…

Global Economic War: Global Sovereign Open Fund dumping European bonds

Not even a week after it was revealed that the biggest insurance companies in Japan were dumping their European bonds, a major Japanese investment firm reveals it is doing the same.

Kokusai Asset Management says it has sold off all Italian, Spanish and Belgian bonds that were part of its Global Sovereign Open Fund!

The […] Continue Reading…

World War 3 & Military Incompetence: Pakistan gives U.S. forces 15 days to get out!

Chinese media reporting that Pakistani Prime Minister Syed Yusuf Raza Gilani, just ordered U.S. forces to vacate Shamsi Air Base in Pakistan’s southwest Balochistan province.  He gave them 15 days.

This comes less than 24 hours after U.S. led NATO and ISAF helicopters attacked and killed at least 24 Pakistani soldiers.  The irony is that […] Continue Reading…

Global Economic War: Start calling it Amazon China

“The Chinese e-commerce market will have a lot of winners, and Amazon China will be one of them.”-Wang Hanhua, president of Amazon China

In 2004 U.S. based Amazon entered the Chinese market, by taking over Joyo.com, a Chinese online book store.  They now have a new name: Amazon China.

The new name is a result of […] Continue Reading…

Global Economic War & fighting Global Food Crisis: Communist Cuba starts Credit program for farmers

“The regulations ruling the new credit policy and other banking services will enter into force on December 20, aimed primarily at stimulating domestic production, which could generate incomes of foreign currency or replace imports.”-Cuban government statement

In July the Cuban banking sector started granting small loans to farmers, but in December much […] Continue Reading…

Global Economic War: Chinese owned Hoku about to start operations in Idaho. Will U.S. investigation into Chinese solar products put the brakes on Hoku’s operations?

“We believe the Department of Commence investigation will show that Chinese government and Chinese solar manufacturers are, and have been, engaged in illegal practices that threaten to decimate a vitally needed renewable energy industry.”-Gordon Brinser, SolarWorld Industries

After many problems affecting construction and causing long delays, on November 21, Hoku’s CEO, Scott Paul, announced they […] Continue Reading…

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