Source : PalestineChronicle | By George Katsiaficas The current threat of a major war in Korea is akin to the Cuban missile crisis of 1962, when the US and the USSR nearly waged nuclear war. Peaceful coexistence was assured only after an agreement was reached for Russia to withdraw its …
Read More »Aftermath : Japan Earthquake and Tsunami
On March 11, a 9.0 earthquake struck off the northeast coast of Japan near the city of Sendai. The earthquake generated a massive tsunami with waves as high as 30 feet, immediately resulting in floods, fires and the closure of airports and transit systems. Thousands of people are either dead …
Read More »Lessons from the Great Depression of the 1930s have not been learnt
Lessons from the Great Depression of the 1930s have not been learnt – Stephen King (HSBC, Group Chief Economist & Global Head of Economics & Asset Allocation) We are living through financial history of the tragic kind. As of Friday’s close, America’s stock market had declined in value by well …
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