Senate Approved New Stabilization Plan
US senate by 74 votes against 25 approved 700-billion-dollar stabilization package for financial market on Wednesday and in this way created a precondition for further approval at the House of Representatives.
The new bill that consists of 451 pages has the same title (Emergency Economic Stabilization Act of 2008) as the previous bill.
The bill was also [...]
Improper Signalling and Georgian Crisis
Recent conflict in Georgia left much space for evaluation and analysis. These events turned out to be absolutely unexpected for western leaders. Russia’s step - invading into sovereign country, occupying parts of its territory and declaring there independence was something that western leaders thought could have happened in 19-20th centuries, but deemed unacceptable for world [...]
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