Cough Governance News Today : Breaking News, Live Updates & Top Stories | Vimarsana

first, here s my take. this was u.n. week, and there was some drama over the issue of the palestinian bid for statehood. but the real action is taking place now as the world s finance ministers and leader meet to talk about money. i think it s fair to say that we are confronting the worst economic moment since the days after the collapse of lehman brothers in 2008. growth has slowed in europe and the united states, and it is slower even in the bubbling, emerging markets. some european countries now have deep problems with their debt burdens that appear unmanageable, and that problem is spreading to major european countries like italy. europe s banks have too little capital and too much bad debt on their books. they are posed for a lehman-like event. and here s the worst part in light of these problems, key governments are doing almost nothing. the real culprits are the leaders of europe. they have been kicking the can down the road for two years. they now have to face ....

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