Tag Archives: eu

Whose Economy Has It Worst?

It’s no wonder that global markets are so jittery. The world’s three largest economies can’t continue along their current paths, and everybody knows it. Investors watch nervously for signs that China is headed toward a hard landing, that America will … Continue reading

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Oliver vows fight if EU smacks oilsands with pollution penalty

WASHINGTON — Natural Resources Minister Joe Oliver on Tuesday warned the European Union against singling out Canadian oil as a dirtier form of energy in new fuel quality standards, saying the action would be “discriminatory” and could trigger a challenge … Continue reading

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Foster: Snoopy and the Green Baron

Airline opposition to carbon trading another blow against EU system The European Union’s plan to force international airlines to participate in its emissions trading scheme (ETS), thus lumbering them with additional costs, has run into severe turbulence. On Tuesday, led … Continue reading

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EU snubs Cameron with a triple tax grab as his close aides ask if it’s time for Britain to quit Europe (1)

David Cameron is facing pressure to veto the latest ‘ludicrous’ cash demand from Brussels after it  announced plans to slap three new taxes on Britain. The European Commission yesterday revealed budget demands which would cost UK taxpayers £10billion. In what … Continue reading

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'Clinging to the Euro Will Only Prolong the Agony'

Leading German economists Peter Bofinger and Stefan Homburg are split over the euro's chances of survival. In a discussion moderated by SPIEGEL, they talked about the wisdom of introducing a euro bond and what would happen if Germany left the … Continue reading

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The EU Is Pushing Ireland to the Brink of Ruin

The Irish government has just passed its fourth budget in two years. But the drastic savings measures it contains will not help the country's massive debt problem. Some economists are now predicting it is only a matter of time before … Continue reading

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The Disastrous Consequences of a Return to the Deutsche Mark (1)

Europe is discussing the horror scenario of a break-up of the euro zone. At present, that still seems unlikely, but experts are alarmed. A comeback of national currencies would be fatal — especially for Germany. The deutsche mark is still … Continue reading

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Editorial: Get Britain Out Of Europe (5)

THE Daily Express today becomes the first national newspaper to call for Britain to leave the European Union. From this day forth our energies will be directed to furthering the cause of those who believe Britain is Better Off Out. … Continue reading

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Irish voters give damning verdict on bail-out crisis (8)

Angry voters yesterday sought to punish the Irish government by inflicting a historic defeat on the Fianna Fail in a by-election that signals the end of Brian Cowen's career. Local polling shows that Fianna Fail (FF), which has been in … Continue reading

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Brzezinski: The Misguided Ireland Bailout

The EU wants to sacrifice a low-tax state to pay for the Euro-dream. The Irish government is teetering on the brink of collapse. In a humiliating about-face, the Irish Taoiseach (prime minister), Brian Cowen, yesterday accepted a European Union bailout … Continue reading

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Can the Euro Still Be Saved?

The countries of the euro zone are hopelessly divided over the question of how to save the currency in the long term. Bailouts for individual countries like Ireland and Greece can only be a temporary solution. Meanwhile, an internal paper … Continue reading

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