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Vatican Bank defends its Cayman Islands banking division

Vatican Bank defends its Cayman Islands banking divisionThe Vatican Business Conglomerate is now on the defensive in regards to the document leaks, concerning the Vatican Bank’s offshore Cayman Islands banking division. 
Quite recently, like clockwork online religious publications on the internet, National Catholic Reporter has a story

Last Updated on Sunday, 22 April 2012 02:22

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Dutch left wing Labour Party

In my blog post of 6 February, "A Decent Netherlands", I described how SP and PVV now act as custodians of the Dutch social achievements, while PvdA, CDA and VVD, the designers of these achievements, the voters have become alienated. The first victim of that alienation, Mr. Cohen, a

Last Updated on Sunday, 22 April 2012 02:22

Hits: 473

Mandatory regulations needed for the Euro zone

Mandatory regulations needed for the Euro zoneThere is a flurry of activity in the financial corridors of Europe as the deadline of March 20 approaches when payment 14,5 bln. euro on Greece’s debt is due. Before releasing any further assistance, Europe and the IMF have forced the Greeks to accept an austerity package, aimed to

Last Updated on Sunday, 22 April 2012 02:22

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Vatican Bank and its Cayman Islands banking Division

Vatican Bank and its Cayman Islands banking DivisionCayman Islands-- The IOR is built on secrecy.   It keeps secret accounts, does no audits and claims to destroy records after ten years.
It offers secret accounts to many who “have had problems with the law,” said one of its past presidents. There are no cheque

Last Updated on Sunday, 22 April 2012 02:22

Hits: 448

Lack of Power Lines Prevents New Offshore Wind Farms in Germany

Lack of Power Lines Prevents New Offshore Wind Farms in Germany

The German government plans to increase the share of its energy produced from renewable sources from the current level of 20 percent to 35 percent by 2020. A large portion of this increase will be delivered by offshore wind farms.

However there is a problem.

E.on, the German energy giant warned

Last Updated on Sunday, 22 April 2012 02:22

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Europe's Economic Influenza and America

Europe's Economic Influenza and America All of the events in the Eurozone seem so distant and inconsequential to those of us living on the west side of the Atlantic Ocean but, as we found out in 2008, the world's economy is very strongly integrated; when one major trading nation or block fails, it is felt throughout the world.

Last Updated on Sunday, 22 April 2012 02:22

Hits: 591

Russia Behind Bulgarian Anti-Fracking Protests?

Russia Behind Bulgarian Anti-Fracking Protests?

Pity the poor Eastern Europeans. Fifty years under the domination of their massive Soviet eastern neighbor then the collapse of Communism there two decades ago offered undreamed of opportunities to join both the European Union and NATO.

But they still remain dependent on the Russian Federation

Last Updated on Sunday, 22 April 2012 02:22

Hits: 502

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