The recent surge of the U.S. dollar against other major currencies - most notably the euro due to Greece’s financial woes - could potentially be severely damaging to the American economy.
The strengthening of the dollar is obviously not accompanied by a strenghtening of the overall economy. Unemployment is still at 9.7%, President Obama just recently proposed his $ [...]
Huge budget deficits as we can see them in all major countries in the world these days appear to have become an issue that people worry about, but somehow have learnt to accept. Except for China whose deficit is only at 2.9% of its GDP according to The Business Times - a very moderate deficit given [...]
Currently I’m working on a research paper with the title “On the Threshold to a New Energy Age - America’s shift towards renewable energy as a consequence of the energy crisis and climate change” and as part of my research, I conducted a poll to find out how prepared people are for the New Energy [...]
The most serious threat to the United States?
Well, there are several serious ones, but I agree that the number one threat to the well-being of Americans is indeed America’s lack of fiscal responsibility.
These three videos are part of an insightful documentary on America’s four deficits:
the budget deficit
a savings deficit
the trade deficit
a serious leadership deficit
The documentary [...]
Fall of the Berlin Wall:
On the occasion of the 20th anniversary of the fall of the Berlin Wall, all 27 leaders of EU countries, U.S. Secretary of State Hillary Clinton and Russian president Dmitry Medvedev gathered in Berlin in front of the Brandenburg gate to celebrate and commemorate.
Hillary Clinton gave an excellent speech, introducing a message [...]
Although more and more people seem to understand what enormous potential green energy technologies will have in the future, there is still a considerable opposition to government regulations, incentives and mandates imposed to move the market in the right direction.
It is reasonable to question any attempts by the government to interfere in the market. Usually, [...]
Politico set up a list of Obama’s 10 best and 10 worst moves this year:
http://www.politico.com/news/stories/1109/29149.html
Amidst all the harsh criticism heaped on Obama in recent weeks for allegedly not having achieved anything so far, it is not a bad idea to recall what he has brought about since taking office on January 20th.
What many might not [...]
Less than one week before the planned presidential run-off in Afghanistan on Saturday, November 7th, current President Hamid Karzai’s major contender Abdullah Abdullah pulled out.
Now it would be completely pointless to hold the run-off election on Saturday with just one candidate left. The run-off which was announced after President Karzai’s approval after he could no longer deny [...]
You´re probably just as surprised as I was to hear about President Obama being awarded the Nobel Peace prize.
In my opinion, Obama fully deserves this award. It is remarkable what he has already achieved since taking office. His style of diplomacy and his long-term thinking are hopefully introducing a new era of international collaboration in a [...]
First of all my apologies for not posting frequently during the past two months. For more than 9 weeks, I’ ve been traveling without spending a single night at home.
In mid-July I spent one week in Barcelona, Spain, before I headed to Washington D.C. and New York City for a two-week conference. During the conference [...]
