http://www.politonomist.com ƒ(supply, demand) Tue, 08 Nov 2011 08:09:30 +0000 http://backend.userland.com/rss092 en Despite being put under IMF monitoring, there is no hope for Italy to receive bail-out money. Borrowing rates are soaring in the country, and word from the G20 summit in Cannes is that there is not enough money left to bail out the large Italy economy. Italy is now operating ... http://www.politonomist.com/is-italy-next-002707/ Research by financial services company Think Money indicates the level of people paying into occupational pension schemes fell by 32% between 1967 and 2010, based on ONS figures. It wants people to give attention to retirement planning and seek help with debt if they need to. Debt management companies know more ... http://www.politonomist.com/think-money-give-attention-to-retirement-planning-002704/ Google has made a bid to take over Motorola Mobility for $12.5 billion. The deal needs to be approved by regulatory bodies in the United States, European Union and other areas, as well as by Motorola shareholders. The deal values shares at $40 each. Motorola would be administered as a ... http://www.politonomist.com/google-set-to-buy-motorola-002695/ S & P has announced that they could downgrade the sovereign rating another notch if the United States does not clean up its act. The credit rating agency downgraded the US from AAA to AA+ on Friday August 5th 2011 for the first time in history, and the outlook is ... http://www.politonomist.com/america-downgraded-what-does-it-mean-002679/ Countries around the world should be looking to Portugal as a model of effective narcotics control. Ten years after the decriminalization of narcotics took place in the European nation has retaken control of the drug issue. In the 1990s Portugal had a huge social and economic problem with the volume ... http://www.politonomist.com/portugal-marks-10-year-anniversary-of-drug-policy-002676/ The United States may have averted imminent crisis today, but the future still does not look bright for the world power. The bill signed on August 2nd raised the debt limit $2.4 trillion dollars, which should be enough to last the country until 2013. It also cut spending $2.1 trillion ... http://www.politonomist.com/america-avoids-default-but-for-how-long-002673/ In the last four years we have witnessed the rise of a faction of the Republican Party dubbed the Tea Party movement. Described as conservative and libertarian the group has quickly risen to control both within the party and in the Republican-controlled House of Representatives. The name of the movement ... http://www.politonomist.com/americas-fascination-with-tea-002666/ The countdown is on until the United States defaults on its national debt. Just 11 days remain before the deadline to raise the debt ceiling for the country. If it is not raised the United States will be forced to default on its $14 trillion deficit on the August 2nd ... http://www.politonomist.com/the-countdown-is-on-002658/ The debt crisis in Greece is starting to affect the rest of the Eurozone, which could have disastrous effects not only on Europe but the world over. Italy’s fragile recovery has been put on warning from Moody’s that its’ credit rating is under review for the next 90 days. This ... http://www.politonomist.com/greeces-instability-could-be-spreading-002610/ Standard & Poor’s has downgraded the Greek economy to a rating of CCC from B, the lowest possible. They believe that there will likely be one or defaults on the failing country’s national loans. “Risks for the implementation of Greece’s EU/IMF borrowing program are rising, given Greece’s increased financing needs ... http://www.politonomist.com/greeces-sovereign-debt-rating-downgraded-to-ccc-002601/ The American national debt may have finally reached its’ limit. The debt is currently sitting around $14.3 trillion dollars, of which Chinese government holds $1.145 trillion. Although it has held up to $1.175 trillion at one time the Chinese government is cutting its holdings over fears of the stimulus spending ... http://www.politonomist.com/america-could-default-on-national-debt-002596/ The Canadian Pension Plan is one of the sacred cows of Canadian politics and identity. It was designed with the idea in mind that no person would ever have to live in poverty, while ensuring that the government would not have to completely foot the bill. Essentially it’s a savings ... http://www.politonomist.com/cpp-a-ponzi-scheme-002592/ President Obama has pressed the EU to consider a second bail out for the Greek economy and has pledged his country’s help in saving Greece from defaulting on its’ initial bailout. He is concerned that a repeated crisis in the Euro zone would indicate the same for the United States. Obama ... http://www.politonomist.com/obama-pushes-for-new-greek-bailout-002589/ WIND Mobile, one of the many new comers to Canadian telecommunications, may have found an advocate in the new Conservative majority government. The new Industry Minister Christian Paradis has not made any announcements but the Canadian government has been hinting for some time about possible changes. The wireless company has been ... http://www.politonomist.com/wind-mobile-here-to-stay-002570/ Steve Jobs is making a comeback to the Apple stage. The CEO, who has been on medical leave for an undisclosed illness, will be appearing to launch Apple’s latest products on June 6th. He will be backed on stage by the rest of the Apple executive team. Stocks rose 2 ... http://www.politonomist.com/apple-to-announce-new-icloud-service-002567/