- Texas man arrested for powder-letter hoax
- Islamic State opens ‘marriage bureau’ for single jihadists
- Drone almost blocks California firefighting planes
- Tornado rips off roofs, downs trees near Boston
- GOP: Environmental rules keeping agents from accessing border
- John Kerry: Millions displaced by religious fighting in 2013
- Federal appeals court rules against Virginia’s gay marriage ban
- White House says Russia ‘losing’ war in Ukraine
- Hamas turns to North Korea for weapons deal, Iran for money
- Syrian casualties surge as jihadis consolidate
By David Keene
Allowing states to innovate could reduce dependency on bureaucracy
Topic - Transatlantic Economic Council
The Transatlantic Economic Council, or commonly called TEC, is a body set up between the United States and European Union to direct economic co-operation between the two economies. - Source: Wikipedia
The recent roller coaster in the markets reflects more a concern about the health of European banks than the U.S. downgrade by Standard & Poors. It also underscores a fundamental weakness in U.S.-European Union relations — the lack of a platform for discussing economic and financial difficulties across the Atlantic in a way that parallels NATO.
Hidden in all of the discouraging public discussion of Europe's financial difficulties is a little green shoot of economic hope that could provide the basis for a turnaround in productivity growth, not only in Europe, but in the U.S. as well.