Greece will inevitably get a debt haircut as it’s not able to cope with the €240 billion bailout loan given by the EU, said Hugh Bronson from the Alternative for Germany party. No national structure is able to cope with that amount of debt, he added.
Obama’s arrival in India got off to a promising start as Indian Prime Minister Narendra Modi, breaking with protocol, greeted Obama and the First Lady on the tarmac in New Delhi. He even gave the US leader a bear hug for good measure.
It’s doubtful the Davos forum will address unemployment as the participants are more concerned with what model of car they should buy than care about people who work for living, says Curtis Ellis Executive Director of the American Jobs Alliance.