Despite violence that left at least several dead, numerous gun battles, allegations of voter fraud, dozens of polling places unable to operate, mass protests, militias running wild, and whole regions still in chaos, Western governments and the United Nations — largely responsible for the recent “regime change” that killed dictator Moammar Gadhafi and thousands of innocent civilians — celebrated political elections in Libya July 7 as a success. Meanwhile, multiple armed factions are still threatening to unleash full-blown civil war amid ongoing battles all across the chaos-stricken nation.

If Americans are looking at the Chinese economy to lift the United States out of recession, it would be prudent to look somewhere else. The second quarter GDP statistics for China are expected to reveal a relatively slow growth rate of 7.5 percent, weaker than growth in the same quarter of last year. If so, those numbers would mean that China’s economy is growing at the slowest rate in four years. The news pulled down stock prices around the world.

The United Nations' World Economic Social Survey (WESS)  is recommending the implementation of several new taxes, including the so-called billionaires' tax, to raise enough revenue to fund global programs and target poverty. Critics contend that compliance with the survey would result in the greater loss of national sovereignty with minimal progress to show for it.

When former Paraguayan President Fernando Lugo Méndez was lawfully impeached by united lawmakers in late June, Latin America’s powerful socialist leaders denounced the move against their comrade as a “coup” against “democracy.” Despite the fact that the impeachment by a democratically elected Congress followed constitutional procedures and was endorsed by the nation’s Supreme Court, the outcry against the ouster and Paraguay’s new leader is still growing.

After the German government ratified the European Stability Mechanism, a permanent eurozone bailout package, opponents within Germany asked the nation's Constitutional Court for a temporary injunction against the ESM. The court will then rule on the constitutionality of the bailout scheme, possibly leading to a eurozone breakup.

Affiliates and Friends

Social Media