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Sarajevo, Bosnia – Regional Mega Education Center

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sarajevo_panoramaSarajevo, a city with multi-century university tradition where each year more than 1500 new students enroll from abroad, with the support from local administration and small investment could become a regional education center where even up to 20,000 young people from other states could study every year.

Sarajevo Business Forum (SBF), a Project whose intention is to equally take into account the development of the economy and the advancement of education system and change of the image of B&H in international circles… proposes commencement from the academic year 2011/2012 of enrolling in Sarajevo universities of a large number of foreign students, which would contribute to the development of the City, B&H in its various segments and would advance not only its reputation but the reputation of the State on the whole.

Romanian Recession Deepens on Cuts, BOA Merrill Says

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romaniaRomania’s recession this year will be deeper than previously seen as the government cut spending and raised the value-added tax to curb a swelling budget deficit, Bank of America Merrill Lynch said.

BOA Merrill lowered its forecast for the European Union member’s 2010 economic performance to a 1.3 percent contraction from a previous forecast for a decline of 0.7 percent, Mai Doan, a London-based analyst at the bank, wrote in an e-mailed note. The economy shrank a record 7.1 percent in 2009.

The Crash of Western Civilization: The Limits of the Market and Democracy

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new-world-order2It is interesting to review some of the arguments Attali made in his article on Market and Democracy in light of new developments in the World economies:

With the end of the Cold War and the collapse of the Soviet Empire the market economy and democracy appear to have triumphed. Universally praised these two central values of Western society have become the prerequisite

A Backlash in Europe Has Politicians Calling for a Goldman Ban

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Dead_Bull_goldman_SGoldman Sachs Group Inc. is in danger of losing business with a key group of clients as a result of the fraud allegations it faces: governments in Europe and the U.S.

Politicians in the U.K. and Germany are starting to call on their governments to cut ties with Goldman, which has long been one of the top financial advisers to European policy makers.

Merkel wants option of excluding members from euro zone

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386px-Euro_symbol_gold.svgThe 16-nation euro zone must be able to remove members who persistently break fiscal rules, German Chancellor Angela Merkel said Wednesday. She added that the Greek debt crisis, which has rattled the euro, should be dealt with at its "roots".

The IMF Destroys Iceland and Latvia

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imf-trapping-countries-in-debtThe International Monetary Fund operates primarily as a banker bailout machine. They cajole and tempt and confuse and threaten the leaders of governments worldwide to pay off the failed bets of the big bankers using the taxpayer funds of their countries. This has been going on a long time, at least since the early 1980s

The Bankers Manifesto of 1892: History Repeated

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gold-bar-and-cashCongressman Charles A. Lindbergh, Sr. revealed the Bankers Manifesto of 1892 to the U.S. Congress somewhere between 1907 and 1917.

We (the bankers) must proceed with caution and guard every move made, for the lower order of people are already showing signs of restless commotion. Prudence will therefore show a policy of apparently yielding to the popular will until our plans are so far consummated that we can declare our designs without fear of any organized resistance.

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