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Insights

 
Friday, 24 April 2009 23:20
by Franz Gustincich (EPOS)
EPOS Insights

How can a terrorist operation like that of the 11th of September, be financed? Which are the channels used by Bin Laden’s ‘multinational’ of terror to subsidize the peripheral offices (the cells), which guarantee the supply of (arms, explosives, counterfeited documents) and maintain the high level of specialization of its members (terrorist training)? The answers furnished in this article might hold some surprises.

 
Tuesday, 14 April 2009 00:00
by EPOS
EPOS Insights
The differences between Eastern European countries facing the global crisis are as important as the similarities and they mostly regard the ‘initial conditions’, that is, the situation in each country before the crisis unfolded. Some of these so-called ‘initial conditions’ concern the different relative openness in terms of trade and FDIs of the economic systems, domestic and external imbalances, external debt sustainability, the degree of financial deepening, the role of the banking sector and domestic credit compared with GDP expenditure structure and, last but not least, the progress in the transition process.
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