March 10, 2010 - Better than changing lead into gold, the biggest European polluters are now changing millions of tons of CO2 into millions of euros, thanks to the EU Emission Trading Scheme, a system initially intended to cut down on carbon emissions but having turned out in a money making opportunity.
Read more »Carbon Emission Trading Scheme: A New Eldorado
Naomi Klein On "How Milton Friedman Saved Chile "
Ever since deregulation caused a worldwide economic meltdown in September '08 and everyone became a Keynesian again, it hasn't been easy to be a fanatical fan of the late economist Milton Friedman. So widely discredited is his brand of free-market fundamentalism that his followers have become increasingly desperate to claim ideological victories, however far-fetched.
Read more »How long can the U.S. dollar defy gravity?
February 24, 2010 - (Reuters) The only time the U.S. dollar ever took a serious shellacking in the marketplace, the wounds were almost entirely self-inflicted.
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Germany dismisses idea of European fund for Greece
February 15, 2010 - BERLIN (Reuters) : Setting up a European fund to help Greece is not a solution to Athens' debt problems, a German Finance Ministry spokesman said on Monday, dismissing an idea that has been discussed in Germany.
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