The Next Wave Of The Housing Crisis: Much More Pain In 2010, 2011 | iStockAnalyst.com

Posted by Matt in March 18th, 2010 | no comment

Published in Financial Crisis, Faces, House Prices, Last Wave, March 31st, Maturities, Mortgage Backed Securities, Mortgage Rates, Next Wave, Open Market Purchases, Option Arm Mortgages, Second Wave, Subprime Mortgages

1. The Fed will no longer make open market purchases of mortgage backed securities after March 31st. This will drive up mortgage rates causing home prices to fall.
2. As the Fed begins to unwind its historic intervention, it faces a second wave of toxic mortgage maturities that could be even more damaging than the [...]

AFP: NATO in ‘crisis’; Europe averse to military force: Gates

Posted by Matt in February 23rd, 2010 | no comment

Published in Europe, Afp, Atlantic Treaty Organization, Defense Secretary, Europe, European Countries, Faces, Invest, Military Force, NATO, Nato Alliance, Nato Military, North Atlantic Treaty Organization, Robert Gates, Secretary Robert, Systemic Problems, weapons

The NATO alliance faces a “crisis” as European countries have grown averse to military force and failed to invest in weapons and equipment, US Defense Secretary Robert Gates said on Tuesday.
“Right now, the alliance faces very serious, long-term, systemic problems,” Gates said in a speech to officers and officials from the North Atlantic Treaty Organization.
AFP: [...]

Why Greece matters, and why it might be worse than you think

Posted by Matt in February 16th, 2010 | no comment

Published in Economy, Europe, Admission, Circumstance, Circumstances, Currencies, Deficit Spending, Exchange Rate, Faces, Fiscal Discipline, Government Debt, Greece, Greek Government, History Matters, Interest Rates, Mediterranean Countries, Northern Countries, Path Dependence, Political Choices, Predicament, Pundits, Regard

A Path-Dependent World
Path dependence explains how the set of decisions one faces for any given circumstance is limited by the decisions one has made in the past, even though past circumstances may no longer be relevant. In essence, history matters.
With regard to the future, the choices we make determine the paths we will take. As [...]

Chinese slowdown is biggest threat to prosperity, says WEF – Times Online

Posted by Matt in February 7th, 2010 | no comment

Published in China, Economy, Capital Markets, China, Faces, Future World, Global Commodity, Lead, Mankind, prosperity, S Trading, Sharp, Slowdown, Social Unrest, Trading Partners, Unemployment, World Economic Forum

A sharp slowdown in China is one of the biggest threats to future prosperity, the World Economic Forum said in its latest assessment of the risks that mankind faces.
A slowdown could lead to serious unemployment and social unrest in China and badly hit the country’s trading partners, as well as global commodity and capital markets,…
Chinese [...]

Europe’s Troublesome Neighbors | The Moscow Times

Posted by Matt in January 12th, 2010 | no comment

Published in Europe, Eastern Border, Eastern Europe, Faces, Moscow Times, Prime Minister, Public Health Problems, Russia, Sphere Of Influence, Troublesome Neighbors, Vladimir Putin

But the shifts that have taken place left Russia much diminished in terms of its sphere of influence and military might. To be sure, Prime Minister Vladimir Putin’s Russia is nationalistic, awkward and disposed to dangerous troublemaking. The country faces acute social and public health problems and has 1.3 billion Chinese on its eastern border. [...]

China’s Not a Superpower – Carnegie Endowment for International Peace

Posted by Matt in December 29th, 2009 | no comment

Published in China, Carnegie Endowment For International Peace, Challenges, China Economic, Chinese Population, Decent Education, Economic Growth, Economic Output, Faces, Future Prospects, Japan, Margins, Modernity, Next Superpower, Peasantry, Risky Proposition, Safe Drinking Water, Three Decades, Trillion, Urbanization

Meanwhile, the challenges China faces in becoming the next superpower are truly daunting. Even as its economic output is expected to exceed $5 trillion in 2010, per capita income in China will remain under $4000, roughly one-tenth of the level of the United States and Japan. More than half of the Chinese population still live [...]

Iran & Syria Sign Agreement to Act Against ‘Zionist Regime’s Threat’ » Frum Jewish News

Posted by Matt in December 13th, 2009 | no comment

Published in Syria, Act, Ahmad, Amp, Defense Minister, Eventuality, Faces, iranian, Israel, Jewish News, Military Defense, News Iran, Regional Threats, Signing Ceremony, Syria, Willingness, Yeshiva World, Zionist Regime

Iran and Syria signed a strategic military defense agreement which speaks of a willingness to react together against regional threats from the “Zionist regime”.
“It is only natural for Syria, which faces the inhumane carnivorous Israel to remain prepared for any eventuality” stated Iranian Defense Minister Ahmad Vahidi during the signing ceremony.

The Yeshiva World » Iran [...]

In Dubai, financial crisis looms | GlobalPost.Com

Posted by Matt in December 13th, 2009 | 1 comment

Published in Dubai, Assets, Credibility, Development Arm, Dubai Government, Dubai Uae, Faces, Financial Crisis, Financial Finance, Global Economic Meltdown, Islamic Finance, Lawyers, Nakheel, Parent Company, Popularity, Sukuk, Uncharted Waters

Islamic finance, little affected by the global economic meltdown, faces its biggest test: a Dubai default.
But the increasing popularity and credibility of Islamic finance will be put to the test on Monday when Nakheel, the financially troubled property development arm of the Dubai government, faces fault on a $4 billion Islamic bond known as a [...]

Former Mossad head expounds on Israel, Iran

Posted by Matt in December 10th, 2009 | no comment

Published in Iran, Israel, Careful Analysis, Confrontation, Debate, Difficult Period, Diplomat, Faces, History Today, Iran, Israel, Manners, Mossad, Regime, Splits, Spy, tehran

Calm debate and careful analysis will show it is Iran, not Israel, that faces an existential threat, he suggests.
“I think Iran is going through a very difficult period in its history. Today, as we sit here, the students of Tehran are demonstrating and the regime is reacting very, very sharply. I don’t know the outcomeof [...]

Doku Umarov: The Man Behind Russia’s Deadly Train Blast – TIME

Posted by Matt in December 3rd, 2009 | no comment

Published in Russia, Terrorism, Attack On The Train, Caucasus Mountains, Central Russia, Chechen Resistance, Comrade In Arms, Deadly Train Blast, Doku Umarov, Express Train, Faces, Holy War, Intention, Islamist Group, moscow, Nationwide, Neva, Pledge, Radical Wing, Russians, St Petersburg, Targets

When Illyas Musayev heard that the Neva Express train had been bombed on Nov. 27, killing 26 well-to-do Russians and injuring about 100 others, the Chechen separatist was incredulous. He didn’t want to believe that his former comrade in arms Doku Umarov had kept the pledge he made in August to bring his holy war [...]