Europe can't escape 'Lehman moment': Niall Ferguson
22 Jun
Reblogged from Financial Post | Business:
JERUSALEM, ISRAEL--Last week, Harvard professor Niall Ferguson argued that volatility induced by the Greek elections could cause a "Lehman moment" in Europe, a wave of bank runs that could lead to either the collapse or resurrection of the European Monetary Union.
While the events of this weekend do not seem to have caused this to happen, Feruguson still believes that the climax of pressures on Europe is yet to come.
European parliament advised to reject global anti-piracy agreement
21 Jun
The European Parliament has been advised to reject a controversial new global anti-piracy trade agreement.
Parliament's influential international trade committee on Thursday voted 19-12 against merely deferring its decision on adopting the Anti-Counterfeiting Trade Agreement (ACTA) until the European Court of Justice has decided whether it would violate the EC's fundamental freedoms.
The vote means parliament is more likely to adopt the committee's view against ACTA in its July 4 plenary meeting, regardless of whether the court rules it lawful or not.
Farm rentals, dumpster dives: Europe crisis is mother of invention
14 Jun
In the midst of Greece's economic crisis, one entrepreneur has come up with a novel way to earn extra cash: He's renting out farmland. Dimitris Koutsolioutsos started gineagrotis.gr to connect city dwellers to rural farmers. The urban resident rents out a section of the farmer's land to grow whatever produce is desired, which is then delivered to the city each week -- either to the resident or, if desired, a local soup kitchen.
François Hollande's socialist bloc projected to take control of French parliament
10 Jun
Reblogged from National Post | News:
PARIS — Socialist President François Hollande looked set to consolidate his grip on power with a left-wing majority in parliament after a first-round vote on Sunday, and may be able to govern without relying on hard leftists hostile to closer European integration.
Initial projections by polling agencies based on a partial vote count suggested his core Socialist bloc could win 283 to 329 seats in the 577-member National Assembly in next Sunday’s runoff, shifting the lower house to the left for the first time in a decade.
The Age of Insight: Nobel Laureate Explains How Our Brain Perceives Art
15 May
From Columbia University:
Many strands of Eric Kandel’s life come together in his latest work, The Age of Insight: The Quest to Understand the Unconscious in Art, Mind, and Brain, from Vienna 1900 to the Present. The 82-year-old University Professor and co-director of the Mind Brain Behavior Initiative was born in Vienna, where, as a boy of 8, he witnessed the Nazis march into the Austrian capital.
Summerhouse in Austria
15 May
I've become a fan of wooden architecture. Can't imagine a healthier living environment than that. Here is a barn style house in Southern Burgenland (Austria), which also contains rooms for wine production (very common in that area) and a cellar.
As the house is not inhabited during winter months, it is possible to shut down the whole house with folding and flap shutters.
Lamborghini Crashes in Chicago
15 MayIt doesn’t end well when a $225,000 Lamborghini Gallardo races through turn on a Chicago suburb street.
What colour is fashion across Europe?
14 May
This project by Pimkie called Color Forecast has been developed by Pedro Cruz and runs feeds from high definition cameras in Milan, Paris and Antwerp to track the colour of fashions worn across the cities.
The software analyzes the passing colors and shows in real time which colors are worn most often, then the colors are compiled into an infographic to see how trends evolve..
The Domino Theory in Europe
14 May
One reason the United States remained active in the politics and war in Southeast Asia in the 1960s was the so-called domino theory: if one nation in the region fell to communism, it was only a matter of time until its neighbors would too. The same can be said, perhaps, about some of the impetus behind U.S. involvement and troop presence in the Middle East.
Is It Time to Invest in Europe?
3 May
Debate from the 2012 Global Conference in Los Angeles, hosted by the economic think tank Milken Institute.
Flowers for Soldier in Tank
24 Apr
One of the Dutch liberators. Amsterdam, The Netherlands, May 1945.
L.E.D. Surfer
16 Feb
Jacob Sutton, filmmaker and fashion photographer, and Artec pro snowboarder William Hughes, illuminated the slopes of Tignes in the Rhône-Alpes region in France, when Hughes went night-time snowboarding in a LED-lighted suit.
Photos by Maersk Line
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WSJ Markets
- Yahoo Deal Shows Power ShiftYahoo has agreed to pay $1.1 billion for Tumblr, a six-year-old company with more than 100 million users but very little revenue, a deal that highlights the shifting balance of power in the technology business.
- Swedish Firms Squeezed as Krona StrengthensSwedish exporters like Sandvik and BabyBjorn are struggling to cope with a stronger krona, which is hurting profits on exports.
- Taiwan Central Bank Ups InterventionTaiwan's central bank has intensified its intervention in foreign-exchange markets to keep the island's currency relatively stable and especially to keep it from rising out of step with its peers.
- For Multinationals, Europe Is Soft SpotSoft European markets were a consistent and negative theme of the first-quarter results from big U.S. industrial companies, and concerns about further deterioration are expected to be a key topic at the annual conference that starts Monday.
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