[lorenzo]

$this->bbcode_second_pass_quote('', '[')b]EU growth outstrips US and Japan
Europe's economy is growing faster than the US or Japan, according to the latest figures for the second quarter of this year.
http://news.bbc.co.uk/2/hi/business/5305698.stm

[MrBill]

$this->bbcode_second_pass_quote('lorenzo', '')$this->bbcode_second_pass_quote('', '[')b]EU growth outstrips US and Japan
Europe's economy is growing faster than the US or Japan, according to the latest figures for the second quarter of this year.
http://news.bbc.co.uk/2/hi/business/5305698.stm

[miniTAX]

$this->bbcode_second_pass_quote('MrBill', '
')Also most of the growth in the EU is coming from the new EU-10 in central and eastern Europe who are growing twice as fast as the EU-15, and not from old Europe where countries like Italy struggle to compete against Chinese imports as well.

[MrBill]

$this->bbcode_second_pass_quote('miniTAX', '')$this->bbcode_second_pass_quote('MrBill', '
')Also most of the growth in the EU is coming from the new EU-10 in central and eastern Europe who are growing twice as fast as the EU-15, and not from old Europe where countries like Italy struggle to compete against Chinese imports as well.

[miniTAX]

$this->bbcode_second_pass_quote('lorenzo', 'A')nd all this knowing that Europe's is far more sensitive to high energy prices (because it exports far more than the US).

[Petrodollar]

$this->bbcode_second_pass_quote('', 'I')n France, paradoxically, the tax part, which has a fixed level (called TIPP) has decreased from 400% 2 years ago to about 150% now, but of course, gasoiline pump price has rocketed.

[miniTAX]

$this->bbcode_second_pass_quote('Petrodollar', 'I')nteresting, do you a source for that data? I'd like to review it as it confirms something that I have been curious about, thanks.

[MrBill]

$this->bbcode_second_pass_quote('Petrodollar', '')$this->bbcode_second_pass_quote('', 'I')n France, paradoxically, the tax part, which has a fixed level (called TIPP) has decreased from 400% 2 years ago to about 150% now, but of course, gasoiline pump price has rocketed.

[miniTAX]

No I definitely won't Mr Bill since I paid my gas 0.95 euros 2 years ago, 1.30 euro now! I let it to jokers.

The bureaucrats want to "shield" the citizens, mega lol.

[MrBill]

$this->bbcode_second_pass_quote('miniTAX', 'N')o I definitely won't Mr Bill since I paid my gas 0.95 euros 2 years ago, 1.30 euro now! I let it to jokers.

The bureaucrats want to "shield" the citizens, mega lol.

[miniTAX]

$this->bbcode_second_pass_quote('MrBill', ' ')If that doesn't work, set a few cars on fire. Hey, it worked for truck drivers, farmers and taxi companies? ; - )

[Serial_Worrier]

If the doomers are right, they won't stand a chance of surviving either.

[Judgie]

$this->bbcode_second_pass_quote('Serial_Worrier', 'I')f the doomers are right, they won't stand a chance of surviving either.

[yull]

I'm pretty sure Britain is doomed. There are so many problems here besides peak oil, but peak oil is going to bring the place crashing down. I'd honestly think the US will be better off, and that's saying something. The rest of Europe will do a little better I think but the problem is that Europe (apart from Russia, UK and Norway) has to import virtually all their oil. Declining exports could really bite very very hard. There's also that unstable behemoth (Russia) to the east who aren't our best friends.

[manu]

$this->bbcode_second_pass_quote('Serial_Worrier', 'I')f the doomers are right, they won't stand a chance of surviving either.

[SoylentGreen]

I dont see what Russia would gain invading a continent with no natural resources? There again if the EU were to invade Russia?

[Tristan]

Japan would definitely be in trouble. Its trade surplus is going to disappear as the demand for their exports fall. How can it ship its goods across the globe when oil becomes prohibitively expensive? Also, most of its food is imported which means people will be spending more on food to cover the shipping costs.

[MrBill]

The ongoing terror in Iraq is driving an increasing number of refugees to Europe. Now the EU is forced to make some tough decisions: Who will be allowed to stay in Europe, and will Iraqi Christians have greater chances here than Muslims?


$this->bbcode_second_pass_quote('', 'T')alks in Geneva

To ensure that the special needs of Christians being persecuted in Iraq are not forgotten, German Christian Democrats are holding direct talks with the UNHCR at its headquarters in Geneva, Switzerland. The goal of the talks is to identify shared criteria that would make it possible to bring a disproportionately high number of Christians to Germany. CDU officials want Christians to make up at least three-quarters of all Iraqi asylum-seekers.

The size of the potential contingent remains completely uncertain, with estimates ranging from 1,500 to 30,000 refugees. In addition to Christians, members of persecuted religious minorities like the Yazidis and the Mandaeans would also be given a secure future in Germany. Even a small number of Muslims would likely be admitted, provided their situations are deemed especially "precarious," such as couples living in a Sunni-Shiite marriage who face persecution or violence in Iraq because of their relationship.