Chih Wey/Xinhua Press/Corbis Paul Krugman has just passed the landmark 1 million followers on Twitter. Not bad for an academic economist‚ albeit one with a Nobel prize under his arm‚ a prominent position at Princeton University‚ and a New York Times blog. His following is a reward for battling the conventional wisdom that austerity can foster a recovery. From the moment Lehman Brothers was allowed to crash‚ it seemed that only Krugman‚ his compatriot Joseph Stiglitz‚ another Nobel prizewinner
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European Parliament History Founded in 1952 as the Common Assembly of the European Coal and Steel Community (ECSC) and renamed the European Parliamentary Assembly in 1958‚ it became the European Parliament in 1962. The first direct elections took place in 1979. The current MEPs were elected during the 2009 elections and will serve until 2014. The evolution of the Parliament is closely linked to a succession of treaties culminating in the current Lisbon Treaty. These treaties define the
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European Integration: Where are the limits of European integration? Why? Unifying Europe has long been a dream of many political thinkers and leaders‚ even non-European ones‚ such as Winston Churchill (1946) who dreamed of the establishment of “United States of Europe” in order to avoid wars driven by nationalist ambitions. However‚ promising Europeans with happiness and economic prosperity for everyone would not be sufficient to trigger political cooperation and goodwill of the European countries
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1 A “real” European Union World order is going to change in the near future. This year 2012 will be remembered as the year the European Union become a reality. There are three big events occurring this year that are promoting a larger economic‚ political and social unity inside the EU. A united Europe is a project that has taken a long time to create and that had overcome many difficulties. All the indefinitions in the EU in the past have created many problems in the present‚ but now they work
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From my perspective‚ EURUSD could be staged for a continued decline over the coming days or weeks. According to the fundamental analysis‚ the euro exchange rates are expected to depreciate in the long-run. Although there was a short uptrend during last week‚ which was driven by yields‚ the investors worry more about deflation and the euro’s resilience. What’s more‚ the ECB rates are highly expected to be cut after ECB’s policy meeting on Thursday. The market is expecting a 25bps reduction in the
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The Greek Crisis The European Union. A lot of people know of the name and most will probably be able to give a vague description of what it is and how it works. Outlined here is a brief discussion of the European Union and one of its member states‚ Greece. The financial crisis that has occurred and its subsequent impact on the European Union and the rest of the world. In the 1940’s the world was at war and European countries such as France‚ Italy‚ Austria‚ and England were in disrepair and scared
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provide arguments for and against the UK joining the Euro The single European currency was established in 1999 and since then the topic of whether the UK should join the Euro has been at the centre of many debates. This document will look at the arguments both for and against membership of the single currency and then provide a critical analysis on whether the UK should join the single currency. Arguments for and against joining the Euro |Arguments for joining
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12/6/10 AUTHOR’S NOTE: CENTRAL PARK The general topic of this book falls under the category of the “Gilded Age”. This particular period of time took place between 1869 and 1896. The Gilded Age was a time in American history when rapid economic growth generated vast wealth‚ new products as well as new technologies‚ and improved middle-class quality of life. The specific topic of this book is the architecture that was produced during the Gilded Age‚ particularly Central Park‚ which is located
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policy. France is a member of the Eurozone and uses the Euro as their currency‚ with the European Central Bank being their central bank. The United Kingdom has decided to stay out of the European Union and stick with their currency of the Pound. Their central bank is the Bank of England located in London. Both of these countries are 2 of the biggest‚ most powerful countries in the European Union so they both have quite the impact on how the European Union behaves. Both France and the United Kingdom
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Central Park Change from hunting-gathering lifestyle to Agrarian society forced people to learn how to live in closer proximity with others‚ this development gave birth to public and private space. This essay will be focusing on Manhattan’s Central Park‚ a well documented public space with more than 25 million visitors each year from world wide. New York City’s Central Park is the first and most visited urban landscaped park in the United States and one of the most famous in the world (thanks
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