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The European Debt Crisis Visualized
(1) | 15/02/2014 | Translate: (Bloomberg) — At the heart of the European debt crisis is the euro, the currency that tied together 18 countries in an intimate manner. So when one country teeters on the brink of financial collapse, the entire continent is at risk. How did such a flawed system come to be? Bloomberg Television and Jonathan Jarvis present “The European Debt Crisis Visualized.” (Source: Bloomberg)
Greece's Yanis Varoufakis: The Medicine of Austerity Is Not Working, We Need a New Treatment With the debt clock ticking, Greece is fast running out of money. The country has ordered all state bodies to place their cash reserves in the nation’s central bank, the Bank of Greece, as it struggles to stay afloat. Greece is suppose to receive the last installment of its bailout funds from European creditors, but the country’s new leftist, anti-austerity Syriza party has expressed concerns about its terms. The creditors are reportedly pressuring the country to restructure its labor market and curtail its pension system; Syriza has instead done the opposite by increasing pension payments to lower-wage workers. On Friday, eurozone finance ministers will decide whether to release emergency funds to Greece. Without the funds, Greece may default on its debt payments in coming weeks and put its membership in the eurozone at risk. We go to Athens to speak with Greek Finance Minister Yanis Varoufakis.- BAE Systems and Patria have teamed for Army’s Land 400 program. BAE Systems Land 400 Vehicle – the AMV35 - Ready to Go
BAE Systems Australia is ready to demonstrate its solution to the Australian Army’s mounted combat reconnaissance requirements.
Our three test vehicles are built and ready to go for the Army’s 12 months testing in the Risk Mitigation stage of the tender evaluation later this year.
BAE Systems is committed to manufacturing this vehicle in Australia. If selected as the successful tender, the vehicle will be manufactured, assembled and supported in Australia, with manufacturing, technology and intellectual capability transitioning to an Australian production line.
This will secure and retain in-country capability and contribute significantly to the Australian economy throughout the expected 30 plus year life of the vehicles.
BAE Systems Australia and the Finnish Patria have teamed to produce the AMV35 as our offer for Phase 2 of the Australian Army’s Land 400 Program. The vehicle integrates the combat-proven CV9035 turret from BAE Systems Hagglunds onto a modern, agile, highly protected military-off-the-shelf (WORDS) Patria Armoured Modular Vehicle (AMV).
Our BAE Systems / Patria team brings together 60 years of Australian experience with global expertise in production and sustainment.
Australia will benefit from our established networks and track record of successful technology transfer to user nations.
BAE Systems in Australia has the engineering, manufacturing, and support capabilities and access to global expertise that makes it an ideal partner to offer the Patria AMV into the Australian market.
The Land 400 Phase 2 Down Select for evaluation of tender vehicles is expected to be announced toward the end of the first quarter of this year.
- The Fall of Greece. Prepare Yourself Accordingly. The world’s economic landscape has been rocked by the Greece Debt Crisis and as austerity looms over the Greek population - Athens burns, protests mount and fear of a Grexit rises. As discussions about debt forgiveness and a possible bailout continue the Eurozone is on edge with fears as to the future stability of the Euro and the possibility of economic collapse. As Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel engage in a showdown with the world watching, everybody is looking for answers as to how this problem originated. What is the Truth About the Greece Debt Crisis? How did this start - and how can it be prevented in the future? Those who don’t learn from their mistakes shall be doomed to repeat them. Sadly, politicians never learn. There will be no economic recovery, prepare yourself accordingly. Includes: the Greek Civil War, Greek Economic Miracle, the International Monetary Fund (MFI), European Economic Community, the Panhellenic Socialist Movement (PASOK), the Industrial Reconstruction Organization (OAE), the destruction of the drachma, the Koskotas scandal, the point of no return and much much more!
- The Salvation of Greece. Prepare Yourself Accordingly. Financial instability has caused a massive bank run in Greece which has resulted in billions of Euros in cash being withdrawn as of Friday night. Despite maneuvering from the Greek Central Bank, the European Central Bank and those in the European Union - this situation is completely unsustainable. So what's next? What can be done in the event of economic collapse to allow Greece a sustainable future? Will Greece stay stick with the Euro? Will Greece leave the European Union? "The enemy has only images and illusions behind which he hides his true motives. Destroy the image and you will break the enemy." - Bruce Lee from Enter the Dragon
- The Animated Guide to Polish Success It is an entertaining and funny film about the economy of Poland -- one of the countries which has dealt best with the economic crisis. It explains how a state which 20 years ago underwent a radical transformation of economic system became a steadily developing member of an exclusive economic club which is the European Union. Thanks to the unlimited possibilities offered by animation, supported by a dose of economic data, this 8-minute story is conducted by means of a comical symbolism which makes reference to cooking a family dinner, thus becoming an entertaining spectacle for everyone.
- US NAVY 5600 mph RAILGUN – Navy’s Gigantic Electromagnetic Railgun Is Ready for Deployment The Electro-Magnetic Laboratory Rail Gun is a 32-megajoule electro-magnetic laboratory rail gun being evaluated by the US Office of Naval Research (ONR) Naval Air Warfare and Weapons Department. The US Navy is pursuing development of the launcher system through two industry teams -- General Atomics and BAE Systems - to reduce risk in the program and to foster innovation in next-generation shipboard weapons. The same amount of energy is released by the detonation of 4.8 kg (11 lb) of C4.
- Mark Blyth: The AthensLive Interview In his interview with AthensLive, professor Mark Blyth discusses his latest book "Austerity: The History of a Dangerous Idea", the European Social Democracy, the Brexit referendum, and the importance of Greece in the bond markets of Europe. "If at the end of the day the EU and the Euro are not actually improving the lives of the majority of people, what is it for? That's the question they brought no answer to."
- University of Michigan total artificial heart bridge to transplant Stan Larkin got a heart! He lived 555 days with the SynCardia total artificial heart until a successful heart transplant at the University of Michigan Health system earlier this month. We celebrated with a gathering that included Gift of Life of Michigan, his brother Dominique who was bridged to transplant with a SynCardia artificial heart, and their cardiac surgeon Dr. Jonathan Haft.
- DRONE Solar System Model- How far is Planet 9? I heart space but sometimes it can be hard to comprehend. I try to fix that in this video with junk you can find lying around your house. Also, if you’ve wondered how there could be a ninth planet that we’ve never noticed till now I try to clear that up too by demonstrating just how impossibly far away it is.
- yanis Varoufakis: How Eurogroup works The Eurogroup is the recognised collective term for informal meetings of the finance ministers of the eurozone, i.e. those member states of the European Union (I) which have adopted the euro as their official currency.
- Greece’s Impending Humanitarian Catastrophe: Breaking Borders An emergency EU summit takes place today aimed at getting Turkey to help Europe stem the flow of migrants into the continent. The refugee crisis is reaching breaking point in Greece with tens of thousands of people trapped there and around 2,000 more arriving each day. Austria’s decision on February 19 to limit the number of people crossing its borders sparked the bottleneck, which escalated as other countries on the Balkan route into northern Europe followed suit. Now, the European Union has declared plans to formally close those borders to migrants. As the European Union dissolves into heated disagreement over shared responsibility, VICE News correspondent Milène Larsson visits a tent city that’s cropped up at the Greek-Macedonian border. She speaks to some of the 13,000 people stranded there and to overwhelmed aid personnel who are warning a humanitarian disaster could be only days away.
- ICS-226 BY Mk3 The Czech Republic, a mid-Euro country with culture and art influenced by the Renaissance during the Middle Ages. It has not only remarkable development on culture, but also was one of the eight world largest industrial countries between WWI and WWII. The strong industry foundation brings the Czech Republic a good reputation of “Small Germany”.
- Fastest Howitzer in The World – Archer Artillery System The Archer Artillery System or Archer - FH77BW L52 is an international project aimed at developing a next-generation self-propelled artillery system for Sweden and Norway. The heart of the system is a fully automated 155 mm/L52 gun howitzer and a M151 Protector remote controlled weapon station mounted on a modified 6×6 chassis of the Volvo A30D, all-terrain articulated hauler. The crew and engine compartment is armoured and the cab is fitted with bullet and fragmentation-proof windows. Aside from this, the system consists of an ammunition resupply vehicle, a support vehicle, BONUS and the M982 Excalibur guided projectile.
- Colossus of Rhodes Project Colossus of Rhodes PROJECT. A european initiative to revive one of the seven wonders of the ancient world. This project originates from the ideas, the expectations and the hopes of some young professionals coming from various european countries: Greece, Spain, Italy and United Kingdom. The determined aim is very ambitious: to rebuild the Colossus of Rhodes, the God of Sun, taking into consideration the modern standards. The purpose of the project is not to propose a copy of the original, bronze, 40 meters high structure, but to arouse the same emotions that visitors felt, more than 2200 years ago........http://colossusrhodes.com
- What Pisses Me Off About Greece’s Debt Crisis Did you know: 80% of the bailout money went to European Union banks that were Greek bondholders, and not the Greek economy. The Syriza party and its leader Alex Tsipras won last month's general election in Greece with a pledge to write off half of Greece's debt New Finance Minister Yanis Varoufakis said "too much time, hopes, lives" had been wasted by Greece's forced austerity program. Stefan Molyneux discussed the Greece debt crisis, the role of the banks in creating this mess, the possibility of an outright default, the danger of derivatives, the destruction of the euro and how a Greece default could set off a global economic meltdown.