US dollar edged higher against the euro. Risk sentiment soured after Fed chairman Ben Bernanke said fed is ready to act if the euro zone problems spill over, but he gives few hints on any immediate monetary easing. EURO The euro hovered near one week highs on Thursday and growth linked currencies were supported by […]
IMF: THE POLITICS OF CURRENCY DEVALUATION AND AUSTERITY MEASURES
The reclaiming of Nigerian and African dignity The value and worth of a currency is determined by the wealth of a nation. In this era of global capitalism, a wealth of nation goes beyond the conventional valuation based on the natural and human resources. A nation’s image, perception, security and stability also played an important […]
How Goans MLA are converting black money into white with their foreign trips
Do Calangute MLA (member of the legislative assembly) of Goa Agnelo Fernandes frequent trips to oil-rich Qatar have something more sinister than what meets the eye? Yes, say sources close to the three-time coastal MLA, as he is Qatar for the fourth time in two years. The Economic Development Corporation’s Chairman is visiting the […]
Rebalancing the Scales: The Constitutional Tax on Foreign Labor
(Updated) With all the politicking over the immigration and border security issues, and the "rights" of migrant workers whether in this country legally or not (mostly not of those from Mexico progressively), what has been left out of the posturing and politicizing over this issue has been the Constitutional provisions with respect to foreign labor […]
Rebalancing The Scales: The Constitutional Tax On Foreign Labor
With all the politicking over the immigration and border security issues, and the "rights" of migrant workers whether in this country legally or not (mostly not of those from Mexico progressively), what has been left out of the posturing and politicizing over this issue has been the Constitutional provisions with respect to foreign labor that […]
Obama Misguided: Negligent Feds, Foreigners and Politicians Bash Arizona
There was an article widely reported in the mainstream media and web news reports that Barack Obama has determined the supposedly "harsh" new legislation aimed at illegal immigration in the State of Arizona, "misguided." Of course, Mr. Obama is from one of the states furthest north away from those southern borders, and other than staying […]
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