Europe

Banks are lending very little to help the real economy – businesses and mortgages – but there are no shortages of bonuses for top executives. Huge payments to lobbying firms at home and in the US (whose activities are not covered by the Freedom of Information Act) have been used to influence policies that may curtail the financial sector’s licence to cream.

Bucharest – Public administration, political parties and the business climate are the main contributors to widespread corruption in Romania, appearing as the most vulnerable pillars in the national integrity system analysis, according to a new report.

For innovative young folks, angels are by no means mythical beings or messengers of God as depicted in the Hebrew and Christian Bibles and the Quran. They are flesh-and-blood source of equity capital at the seed and early stage of company formation, particularly when banks are reluctant to lend.

Article by Ramesh Jaura

Berlin – “We want a nuclear weapons free world.” More than 80 percent of people around the globe have expressed this overwhelming desire to authors of a new report. But a close look shows that very little is happening rather slowly in terms of reducing nukes and putting a halt to proliferation. This is cause of profound concern also to atomic scientists.

Four men, tied to Outlaws biker gang, have been charged with assault on Greek tourist in Iceland.

These four men, citizens from the nordic country of Iceland, are facing charges at Reykjavik district court today in connection with the beating up of Greek national that was traveling in Iceland during the last summer.

“Countries throughout the world will experience an economic slowdown this year as the sovereign debt crisis in Europe continues to unfold,” says a UN report.

Reporters Without Borders strongly condemns yesterday’s decision by Hungary’s Media Council to strip Klubradio, the country’s only national opposition radio station, of its broadcast frequency within a couple of months.

ActiveWatch – Media Monitoring Agency and Reporters without Borders condemn the acts of violence perpetrated against journalists by both policemen and protesters over the past four days. The two organizations also denounce basic human rights violations by the riot police, such as the right to free speech, the right to freedom of movement and the right to freedom of assembly

Nobody expected the Occupy the London Stock Exchange campsite at St Paul’s Cathedral courtyard to win the Court Case for eviction brought about by the almighty City of London Corporation. However the support the Occupiers got from unexpected quarters points to some awareness that actually, they may be a real ray of hope in a crumbling system.

“We want a nuclear weapons free world.” More than 80 percent of people around the globe have expressed this overwhelming desire to authors of a new report. But a close look shows that very little is happening rather slowly in terms of reducing nukes and putting a halt to proliferation. This is cause of profound concern also to atomic scientists.