Abbas Speech at UN 2011 Coverage Palestine Statehood. American Media Bias.

President Mahmoud Abbas delivered a speech last September 23, 2011 to the General Assembly of the United Nations announcing solemnly the bidding of Palestine to become a full member state of the United Nations. This announcement creates a major diplomatic crisis, as member states are asked to vote concerning this petition. The approval of the Palestinian…

Lehman Brothers in the News as Fear of Systemic Collapse Index

(Photo by Mark Lennihan/Associated Press) Three years ago Lehman Brothers investment bank filled for bankruptcy protection, the largest in US history and worldwide. This unprecedented business failure was the main souce of the consequent liquidity crunch in the banking sector that expanded quickly to all markets. September 15 2008 is marked as a key date…