G20 Leaders must create new Reserve Currency… or face decade of hardship.

That is one of the recommendations from a European Think Tank “LEAPE20/20” in an open letter published last week. (hattip: The Oil Drum). Your next summit takes place in a few days in London; but are you aware that you have less than a semester to prevent the world from plunging into a crisis that …

Martin Mars Water Bombers finding work overseas

The Giant, Iconic, Martin Mars Water Bombers that live on Sproat Lake here in Port Alberni, BC are going to keep on working. Unfortunately, not at home. On Friday, March 27, owner Wayne Coulson signed a multi-million dollar deal with the United States Forest Service to send the Hawaii Mars to Lake Elsinore, California to …

France threatens to take their wine and cheese and leave the party

France is threatening to pull out of G20 talks without real changes to world financial regulations. Christine Lagarde told Hardtalk that President Nicolas Sarkozy would not sign any agreement if he felt “the deliverables are not there”. Strengthening financial regulation will be one of the key issues at the G20. France wants a stronger global …