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Economy Interview

‘Obama’s policies to unleash greater economic crisis’ - expert

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Published 07 January, 2009, 15:13

Barack Obama's policies will unleash a greater economic crisis than the world is now facing, believes US financial forecaster, Peter Schiff.

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He was ridiculed four years ago for predicting today's global recession, but says that even now politicians are still burying their heads in the sand.

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03:11 Death toll from China coal mine blast rises to 87

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Demands for investigation into alleged Israeli war crimes With ever-increasing violence and pictures of civilian casualties within Gaza, there have been increasing calls from organisations around the world for investigations into whether Israel has committed war crimes.

‘Israel is destroying an emerging Palestinian state’ Israel’s attack on Gaza apparently has the long-term goal to undermine Palestinian statehood and establish Egypt’s authority over the territory, says the Chief of Staff of the Palestinian Authority Rafiq Al-Huseini.

Hillary to seek dialogue with Moscow Hillary Clinton has suggested the U.S. should use a “smart mix” of military and diplomatic power in its foreign policy.

`Israel violates international law` Palestinian ambassador to Russia Afif Safia, who also worked for Yasser Arafat's administration, gave his analysis of the current situation in Gaza.

Threats coerce Iran into building the bomb Military threats against Iran may just convince them that they need nuclear weapons to protect themselves, says former head of the International Atomic Energy Agency Hans Blix.

Ukraine split by gas row Ukraine's president and Prime Minister are once again in opposite corners of the political ring. With presidential elections looming, the gas dispute is adding fuel to their differences.

Gas tug-of-war: Ukraine’s unconditional surrender A three-way gas transit deal between Russia, Ukraine and the EU has been signed without attaching amendments, according to Gazprom, which held crucial talks in Kiev on Monday morning.

The core of polar ambitions Russia has a huge head start in the race for Arctic riches, says explorer Artur Chilingarov, who headed the expedition that planted Russian flag on the sea bottom at the North Pole last year.

Poles apart: airplane row divides PM and President Polish President Lech Kaczynski is threatening to go to court if Prime Minister Donald Tusk doesn’t pay for a chartered flight he had to take to attend the recent EU summit in Brussels.

US will be blamed for Gaza war – Ron Paul Israel's critics and enemies will see the US as the side to be blamed for the ongoing violence in the Gaza Strip, believes Congressman Ron Paul. He says the US should review its unconditional support of the Jewish state.

Nobel Prize ‘stolen’ by CIA If you think the US intelligence agency, the CIA, has no interest in literature, you are very much mistaken.

Syrians whine about Israeli wine UN Secretary-General Ban Ki-moon is involved in yet another scrape in the Middle East.

US fudges Georgia NATO hope Georgia's Foreign Minister says his country is making progress in its efforts to find an alternative route to join NATO.

Sarko threatening to steal Czechs’ thunder The outgoing president of the European Union seems unwilling to relinquish diplomatic power and EU decision-making to the Czech Republic, the new head of the EU’s rotating presidency as of January 1.

Ukraine is blackmailing us – Putin As talks aimed at ending the gas dispute between Russia and Ukraine broke down in Brussels, PM Vladimir Putin accused the government in Kiev of deliberately plotting to block supplies of Russian gas to Europe.

UN supports Gaza ceasefire plan The UN Security Council has adopted a resolution calling for an immediate and durable ceasefire between Hamas militants and Israeli forces in Gaza.

Palestinians: united by a common enemy Diplomatic moves are showing signs of success. Both Israel and Hamas are giving a cautious nod to a possible ceasefire agreement.

`Saakashvili to welcome US military bases` Georgian President Mikhail Saakashvili is holding intensive talks with representatives of the George Bush administration to discuss the building of US military bases in his country, claims Georgia’s Labour party.

Tropical Cuba comes in from the cold After decades of isolation, Cuba is finding new friends. Emboldened neighbours, former foes and allies are all warming to the socialist state. Will the Caribbean throw off the last vestiges of the cold war?

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Living on the front line – for eight years The contrails of jets trace linked circles and two silver observation dirigibles hover overhead, perhaps watching the Gaza Strip for outgoing rockets or tracking potential targets for the circling planes.

Israel: the war for image The Israeli operation in Gaza is aimed not only at halting rocket fire but, even more ambitiously, to restore the armed forces’ deterrent image dangerously bent out of shape during the 2006 war in Lebanon.

Bronze Soldier protestors cleared of all charges Four men charged with organising the April riots in Tallinn in 2007 have been cleared of all charges.

Warring on the cheap At the times of an economic crisis wars have to be fought fast, efficient, and on the cheap. Fighting wars costs money. The more sophisticated weapons one employs, the more it costs.

Gazprom to take Ukraine to court Russia's energy company Gazprom has increased the volume of gas being delivered to Europe. The company blames Ukraine for siphoning the transit gas and is filing a lawsuit against it in the European court.

Israel’s ground offensive set to last Israel has launched a ground offensive in Gaza, aimed at curbing militant rocket attacks into Israeli territory. It follows more than a week of intensive air strikes which have targeted Hamas safehouses in the area.

'U.S. supports Israeli attacks on Gaza' Israel is rejecting the Palestinian right to statehood and it is not only an Israeli decision, says Vyacheslav Matuzov, the president Russia's society of friendship and business cooperation with Arabic countries.

Hamas promises revenge for death of its leader Toughening its rules of engagement, Israel on Thursday bombed the apartment of a Hamas leader, killing him, his four wives and 11 of his children.

"Ukraine needs to put its house in order" Why would Ukraine syphon off gas from Europe when it has ambitions to join the European Union, asks William Wilson, an economist with the Vanguard Group in Paris.

Medvedev strengthens laws against terrorists Suspected terrorists, spies and coup plotters in Russia will no longer have the right to trial by jury according to a new law signed by President Dmitry Medvedev.

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Masked gunman kills priest in Moscow

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European Union gets medieval with ultra-secret elections

Corruption clouds ability to address economic reform

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