Water, Peace, and the Middle East
In a recent New York Times Op-Ed, Stanley A. Weiss offers a grave perspective of the water situation in the Middle East. He writes that “the region is headed toward a water calamity that could overwhelm all efforts at peace.” Ominous words, but sadly, true.AIFM – The Devil is in the Detail, Or Lack Thereof!
The AIFM Draft Directive is a flawed piece of legislation which unchecked, is going to create a great deal of difficulty and harm for the financial and investment industry across the EU. Killing two birds with one stone, it has already done much to cement general and expert opinion that the EU regulators simply do not know what they are doing.Sweden Adds Backing to UK Call on AIFM Draft Directive
Lord Myners returned from his meeting with Swedish counterparts late last week with the support of the Swedes who assume the EU Presidency on July 1st. While this is good news for the hedge fund and alternative investment industry, there is still a great deal of work left to do to unravel the draconian and politically motivated piece of draft regulation. The French and Germans are on notice that there will be intensive lobbying efforts by the UK Government to ameliorate the proposed legislation, but is it simply the UK with it’s hedge fund stable which has the most to lose?FSA Chairman Adair Turner Addresses British Bankers Association
Adair Turner, FSA Chairman, addressed the British Bankers Association’s annual conference on June 30th. In the first keynote address since the economic crisis became entrenched, and the close call of October last year with an almost complete and global collapse of confidence in the banking community, Turner calls for changes in the style of supervision and in banking regulation as well as within the banks themselves.Amnesty Accuses Hamas of War Crimes
The organization provides a report that many weapons used during the conflict in Gaza were from the United States. Amnesty International calls on the United Nations to impose an immediate and complete embargo of arms to Hamas Israel and other Palestinian armed groups.Ethiopians, Who Are They?
Ethiopia’s population is highly diverse. Most of its people speak a Semitic or Cushitic language. The Oromo, Amhara, and Tigreans make up more than three-fourths of the population, but there are more than 80 different ethnic groups within Ethiopia. Some of these have as few as 10,000 members. English is the most widely spoken foreign language and is taught in all secondary schools. Amharic was the language of primary school instruction but has been replaced in many areas by local languages such as Oromifa and Tigrinya.Recruitment Trend in the Arab Market
As it appears form recent studies by leading Dubai and Ryadh based manpower recruitment firms, it seems certain sectors are doing extremely well despite recession while other sectors have taken a heavy beating. Being in a manpower recruitment and outsourcing arena for almost two years now, I have picked up a habit of following the most active markets. United Arab Emirates, Saudi Arab and other countries matter a lot to me as my clients, whom I promote, provide recruitment services to many companies here.Millennial Agrarians Rise to Meet ‘Grim Vision’
An authoritative new study sets out a grim vision of what lies ahead: climate change will cause shortages and violence, provoking much of civilization to collapse. Thousands of young people are hearing and heeding the call of the land and responding with agrarian initiatives that represent hope for the future.Philippine Economy Overcoming the Global Challenge
The Philippine economy is emerging over the battle of economic struggles. Although there are several hindrances that attempt to overturn the economy of the Philippines it remains sturdy on its ground to obtain stability and improved commercialism. In the year 2007, the Philippines became the world’s 37th country with the largest economy in terms of International Monetary Fund. In Asia, the Philippines continue to be the fastest growing country in terms of economic development. Although its economic growth was slightly affected by the global economic crisis, the recession did not halt the economic progress of the Philippines.Changes in the New Bolivian Constitution Strengthen the Power of the Indigenous Majority in Bolivia
On February 7th, 2009, Bolivian President Evo Morales Ayma enacted the new Bolivian Constitution that, among its most important changes, grants more power to the indigenous citizens, opens the way for regional autonomies, and consolidates the country’s control over the economy. Here are some of the main changes of the new constitutional text promoted by President Evo Morales.