28 août 2008

The world is at the threshold of a new cold war?

Eighteen years after the dissolution of the Soviet Union and the end of the cold war between Moscow and Washington, which reached its peak during the crisis of the Bay of Pigs invasion in 1961, a conflict just started between Russia, heir of the former Soviet Union, and Georgia, which had its independence after the collapse of the Union. This conflict, erupted on August 6, due to the Georgians separatist territories "South Ossetia" and "Abkhazia", and the current tension, which reign in the Caucasus region, are... [Lire la suite]
Posté par Simply Human à 19:52 - - Commentaires [0] - Permalien [#]

23 août 2008

Absalon...Accidental hero or perfectionist?

"I dreamed of this moment hundreds, thousands of times and it was currently happening in real life. I was dreaming even during my training. This is perhaps even better to live in dream", said Julien Absalon, after winning the gold medal in Mountainbike in Beijing. ATV's Olympic Champion in Beijing 2008, Julien Absalon became the only french to have retained his crown individual won in Athens 4 years ago. "This victory is different because it is a confirmation. It's almost more difficult than winning the first time.... [Lire la suite]
Posté par Simply Human à 18:33 - - Commentaires [0] - Permalien [#]
12 août 2008

The Russian-Georgian conflict ... a threat to the future of the Georgian economy

It seems that the Russian-Georgian conflict, which erupted last Wednesday because of the separatist territory of South Ossetia, loyal to Russia, will have a significant impact on the future of the Georgian economy, and may end a period of prosperity and economic growth. After the difficult years the country had faced since its independence in 1991 from the former Soviet Union and until the "revolution of Roses" in 2003, which led to the resignation of former Georgian President Eduard Shevardnadze and the arrival of... [Lire la suite]
Posté par Simply Human à 19:04 - - Commentaires [0] - Permalien [#]
11 août 2008

The Russian-Georgian conflict raises fears in the oil market

In the moment where oil prices began to decline on world markets, and after that a barrel of oil has lost about 30 dollars of its price in two weeks, the conflict triggered wednesday between Russia and Georgia because of "south Ossetia", a Georgian separatist province "pro-Moscow", has raised fears of Western countries on energy supply and re-ignited oil prices. The violent fighting in the Caucasus region weaken the situation of Georgia as a vital corridor for the transfer of oil from the Caspian Sea to the... [Lire la suite]
Posté par Simply Human à 17:40 - - Commentaires [0] - Permalien [#]
06 août 2008

French banks continue to suffer from the subprime

A year after the "earthquake" of the mortgages at higher risk (subprime) crisis, which hit the property sector in the USA and which has led to the financial crisis affecting the banking industry in the world, French banks continue to suffer from aftershocks of this crisis. Despite the statement by the "BNP Paribas" Bank, in which the bank says have made a net profit of 1,5 billion euros during the second quarter of the current year, these profits were 34% less compared to the same period in 2007. In a... [Lire la suite]
Posté par Simply Human à 18:03 - - Commentaires [0] - Permalien [#]
05 août 2008

The American car manufacturers are suffering Europeans resistant

The global automotive industry shows a dramatic slowdown this year, influenced by successive crises that have hit the world economy since June 2007, leaving the crisis in mortgages to high-risk "subprime" the USA, which in turn, leads to the global financial crisis experienced by the big banks, rising by rising raw material prices, rising inflation rates in the world and soaring oil prices at a time when fears a recession in the U.S. economy is increasing. The U.S. automotive market, the largest in the world, saw its sales... [Lire la suite]
Posté par Simply Human à 20:30 - - Commentaires [0] - Permalien [#]