Roberto Abraham Scaruffi

Tuesday, 11 January 2011


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SPIEGEL INTERVIEW WITH ECONOMIST NOURIEL ROUBINI
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'Europe Needs Growth to Prevent a Collapse of the Euro'
Europe, says star economist Nouriel Roubini, needs to take immediate
action to shore up the euro. In an interview with SPIEGEL, Roubini said
Germany must provide more money to defend the common currency and allow
the European Central Bank to loosen monetary policy. Otherwise, disaster
could be looming.

http://www.spiegel.de/international/business/0,1518,738711,00.html#ref=nlint

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SURVEY OF GERMAN BANKERS
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At Least One Euro-Zone Country Could Go Bankrupt
Billions in loans have succeeded in pulling Greece and Ireland back from
the brink of bankruptcy. But many bankers are still expecting the worst.
A new Ernst & Young survey reports that almost half of German
banking executives think at least one euro-zone country will go belly
up.

http://www.spiegel.de/international/europe/0,1518,738986,00.html#ref=nlint

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PRAYING, MOURNING AND HATING
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Tucson Struggles to Come to Terms with Slayings
Tucson, Arizona, has become a symbol of fanatacism following the
assassination attempt on a member of Congress. The city, with its deep
political divisions, is struggling to cope with the attack. President
Obama is hoping to foster reconciliation during a visit on Wednesday.

http://www.spiegel.de/international/world/0,1518,738884,00.html#ref=nlint

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Photo Gallery: Mourning and Division in Tucson
http://www.spiegel.de/fotostrecke/fotostrecke-63421.html#ref=nlint


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SPIEGEL INTERVIEW WITH IAEA HEAD YUKIYA AMANO
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'We Still Know Too Little about Tehran's Nuclear Activities'
A possible nuclear program in Iran, atomic weapons in North Korea and
instability in Pakistan: It is not an easy time to be head of the
International Atomic Energy Agency. SPIEGEL spoke with new IAEA head
Yukiya Amano about the challenges he faces and the dangers eminating
from Tehran.

http://www.spiegel.de/international/world/0,1518,738634,00.html#ref=nlint

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SOMALI PIRATES TESTIFY IN COURT 
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'I Am Deeply Sad and Don't Know How to Go On'
Two out of the 10 Somali pirates on trial in Hamburg for hijacking a
German container ship testified for the first time this week. Their
stories provided a glimpse of the hardships of life in their lawless
homeland.

http://www.spiegel.de/international/world/0,1518,738881,00.html#ref=nlint

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LETTER FROM BERLIN
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The Rise and Fall of Germany's Left Party 
Not so long ago, the Left Party was hailed as a radical new force that
would give a voice to millions of people who felt the country was no
longer delivering social justice. But it has failed to build on its
early success. Its charismatic founders have retired, its new leadership
is weak and it is beset by in-fighting.

http://www.spiegel.de/international/germany/0,1518,738934,00.html#ref=nlint

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THE WORLD FROM BERLIN
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'German Rail Desperately Needs to Be Modernized'
Delays, cancellations and breakdowns: German rail passengers have faced
no shortage of trials this winter, both on long distance routes and on
commuter trains in Berlin. German commentators say the company badly
needs to invest in modernizing both its fleet and its tracks.

http://www.spiegel.de/international/germany/0,1518,738892,00.html#ref=nlint

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PICTURE THIS
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Iced


http://www.spiegel.de/international/0,1518,738973,00.html#ref=nlint