Almost everyone knows CEO pay is out of control. It surged 16 percent at big companies last year, and the typical CEO raked in $15.1 million, according to the New York Times. Meanwhile, the median wage continued to drop, adjusted for inflation. What’s less well-known is that you and I and other taxpayers are subsidizing [...]
The post Why We Should Stop Subsidizing Sky-High CEO Pay – OpEd appeared first on Eurasia Review.
If Walmart Used Money It Has Set Aside for Stock Buyback on Workers, Each Walmart Employee in the U.S. Could Receive a $7,000 Annual Raise and Bring Home At Least $10.50 Per Hour July 15, 2013 On Monday, Ralph Nader sent a letter to Walmart President and CEO, Mike Duke, urging him to reconsider the [...]
The post Ralph Nader Urges Walmart To Spend $15 Billion Stock Buyback On Raising Its Employees’ Wages, Instead of Enriching Its Shareholders appeared first on Eurasia Review.
A new study estimates that global sea levels will rise about 2.3 meters, or more than seven feet, over the next several thousand years for every degree (Celsius) the planet warms. This international study is one of the first to combine analyses of four major contributors to potential sea level rise into a collective estimate, [...]
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A senior Syrian official, Mohammed Darrar Jamo, has been shot dead in the southern Lebanese town of Sarafand, BBC News reported. Jamo, a supporter of Syrian President Bashar al-Assad, was attacked early on Wednesday morning as he entered his house. Lebanese sources say gunmen opened fire on him but left his wife, who was with [...]
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By E. Fuat Keyman Turkey currently faces a set of very serious problems: some could even become unmanageable. The developments I am speaking of include the crisis in Syria, Turkey’s relations with the European Union, the drafting of a new constitution, the disarming of the PKK, the Turkish economy and the global economic crisis, the [...]
The post Gezi Park Protests: Need For A Democratic Administration – OpEd appeared first on Eurasia Review.
Crude runs at U.S. refineries have increased steadily since early March to reach some of the highest levels on record. At 16.1 million barrels per day (bbl/d) for the week ending July 5, U.S. crude oil runs were the highest for any week since 2007. This level represented a 2.1-million-bbl/d increase from the first week [...]
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By Claudette Roulo Following recent testing failures, the director of the Missile Defense Agency told Congress today that he is committed to a full evaluation of the way forward for the nation’s ballistic missile defense system. Navy Vice Adm. James Syring told members of the Senate Appropriations Committee’s defense subcommittee that the most recent flight [...]
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By Donna Miles A new logistics tracking system between the United States and Australia will help to ensure faster, more coordinated responses to humanitarian crises and other contingencies while laying the foundation for closer cooperation across the Asia-Pacific region, the senior U.S. Pacific Command logistics director reported. Pacom, through its U.S. Army Pacific component, and [...]
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North Korea is demanding that Panama release a Pyongyang-flagged ship seized in Panamanian waters, saying the commandeered Cuban arms shipment on board was part of a legitimate deal. In a statement late Wednesday, Pyongyang’s foreign ministry described the cargo as “aging” Cuban weapons that North Korea agreed under contract to overhaul. The statement also called [...]
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If Kosovo is ever to be the functioning state its supporters think it is, considerable attention will have to be paid to issues of power-sharing between Kosovo Serbs and Albanians, reduction in the dependency the United States and other powers place in highly corrupt individuals to ensure stability and order, and an honest assessment of [...]
The post Five Inconvenient Truths About Kosovo – Analysis appeared first on Eurasia Review.
Bilateral relations between China and Nigeria will likely take one of two paths in the long term: either China will remain the overwhelmingly dominant actor or Nigeria will become a regional superpower, evening out the playing field. If China remains the stronger player it will shape Nigeria in its own interests (commonly referred to as [...]
The post China And Nigeria: Neo-Colonialism, South-South Solidarity, Or Both? – Analysis appeared first on Eurasia Review.
Israel and the Palestinians appear headed back to negotiations in the hopes of settling long-standing differences. U.S. Secretary of State John Kerry made the announcement Friday in Amman, Jordan, after returning from a trip to Ramallah and a meeting with Palestinian President Mahmoud Abbas. “We have reached an agreement that establishes a basis for resuming [...]
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Archaeologists have made a discovery of Biblical proportions: They say newly excavated ruins near Jerusalem are “the best example to date of the uncovered fortress city of King David,” USA Today reported. Extensive digging has unveiled a pair of structures, one of which may have been a palace belonging to the king; the other is [...]
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Three associates of former Italian PM Silvio Berlusconi have been found guilty of procuring prostitutes for his controversial “bunga bunga” parties, BBC News reported. Emilio Fede, Lele Mora and Nicole Minetti were given jail sentences of between five and seven years. Last month Berlusconi was given seven years in jail for paying for sex with [...]
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Two prominent US lawmakers on Friday called on US President Barack Obama to consider proposing a new site for the September G20 Summit set to be held in St. Petersburg should Russia refuse to assist in returning fugitive former intelligence contractor Edward Snowden to the United States to face espionage charges. The appeal by US [...]
The post US Senators Urge Rethink Of Russia G20 Summit In Snowden Standoff appeared first on Eurasia Review.
Why was Adolph Hitler able to lift Germany out of the Great Depression, when policymakers in the US–particularly the Fed–have failed so miserably? Let’s look at the facts: When Hitler came to power in 1933, the German economy was in a shambles. Millions of people were out of work, a number of large banks had [...]
The post Hitler Vs. Bernanke – OpEd appeared first on Eurasia Review.
In keeping with the advice of former White House Chief of Staff Rahm Emanuel — to never let a good crisis go to waste — President Barack Obama took to the microphone on Friday and during his comments on the George Zimmerman-Trayvon Martin tragedy he questioned whether or not Florida’s so-called ‘‘stand your ground’’ law [...]
The post Obama Blasts ‘Stand Your Ground’ Law During Press Briefing – OpEd appeared first on Eurasia Review.
Lithuanian Finance Minister Rimantas Šadžius (representing Lithuanian Presidency of the Council of the EU) participated in the G20 meeting of labour and finance ministers in Moscow today. The ministers discussed strategies to promote strong and sustainable economic growth while contributing to job creation. “Although unemployment is a global issue, there is no single solution suitable [...]
The post Minister Šadžius: Fight Against Unemployment A Global Concern appeared first on Eurasia Review.
European Union (EU) justice ministers considered possible perspectives of the EU justice area from 2014 and submitted proposals regarding implementation of the EU personal data protection reform in the informal meeting on 19 July in Vilnius. “I am pleased with the outcome of today’s meeting. We had fruitful discussions on both the future of the [...]
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U.S. whistleblower and international hero Bradley Manning has just been awarded the 2013 Sean MacBride Peace Award by the International Peace Bureau, itself a former recipient of the Nobel Peace Prize, for which Manning is a nominee this year. A petition supporting Manning for the Nobel Peace Prize has gathered 88,000 sinatures, many of them [...]
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