The Obama administration is pursuing an international agreement to make banks hold significantly larger reserves, which it regards as essential to increase the stability of the global financial system. It wants to complete the negotiations, which are being coordinated by the Basel Committee on Banking Supervision, by the end of the year.
Archive for Category: "Foreign Policy"
Reclaiming our language from the Left
Beyond providing aid to Hamas, the declared aim of the “Free Gaza” movement is to coerce Israel into providing Hamas with an outlet to the sea. This too is in contravention of international law which expressly prohibits states and non-state actors from providing any support to terrorist organizations.
Alabama candidate Barber is mad as hell! You should be too.
‘There is a difference between tolerance and surrender’ Rick Barber AL U.S. Congressional Candidate
Debt crisis spills into Spain, propels dollar
Over the weekend, the debt crisis leached into Spain, a much larger European economy, as the Spanish central bank bailed out a regional bank. Late Monday, four other regional Spanish banks said they would combine because of insolvency worries.
Calderon And Daley Want Your Guns
Not happy with interfering in our internal affairs by savaging Arizona’s new immigration law, the president of Mexico wants to shred our Second Amendment too. And the mayor of Chicago wants to help.
BP helps Iran as many companies still do
Despite the governments supposed attempt to get ‘sanctions’ against Iran, many western companies are actively trading with Iran.
Obama introduces ‘New World Order’
Over the weekend Obama addressed West Point graduates and reiterated his touchy feely foreign policy as a ‘new world order’.
Israel arms may not be enough to stop nukes
U.S. intelligence analysts have said Iran could build its first bomb by 2012.
A 3rd war front? Obama Tells Military: Prepare for N. Korea ‘Aggression’
“The president has directed his military commanders to coordinate closely with their Republic of Korea counterparts to ensure readiness and to deter future aggression,” the White House said Monday. FOXNews.com The White House said Monday that President Barack Obama “fully supports” the South Korean president and his response to the torpedo attack by North Korea that killed 46 South Korean sailors. The administration said it endorsed President Lee Myung-bak’s demand that “North Korea immediately apologize and punish those responsible for […]
Gangs taking over in Jamaica
Troops and police have come under fire, and smoke is rising from the burning police station.