Word: regionals
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...really make sure money stays in the community is through creating a local currency. Christian Gelleri, a former Waldorf high school teacher in the Lake Chiem area in Germany, has launched a regional currency, the Chiemgauer, equivalent in value to the Euro. According to Gelleri, the Chiemgauer, accepted at more than 600 businesses in the region and with about $3,000,000 Euros worth in circulation, has three times the velocity of the Euro, circling through the economy an average of 18 times a year as opposed to 6. One reason for the fast turnaround is that the Chiemgauer...
...What is the price of failure in Somalia? A failed state will disrupt the security of the region and the whole world...
...According to the daily Nezavisamaya Gazeta, the protest in Pikalyovo has also prompted Putin to announce the creation of "crisis teams" made up of members of his majority United Russia Party to monitor joblessness in every region. On Tuesday, Russian President Dmitri Medvedev launched a set of meetings aimed at preventing further protests such as those carried out in Pikalyovo and later said he will sack regional employers who fail to tackle unemployment themselves and instead pass the responsibility on to Moscow...
...Mufti the former chief minister, says the region and its people will continue to suffer economic and personal losses in incidents unless Indian armed forces are recalled from populated areas and the laws which give them impunity are repealed. In a letter to Prime Minister Dr. Manmohan Singh, he asserted that the effort that had gone into creating a new atmosphere of peace, reconciliation and resolution in and around Indian-administered-Kashmir "seems at a real risk of going waste unless immediate retrieval is made." Ostensibly in an acknowledgement of the situation being serious enough, Indian home (interior) minister...
...Mirwaiz Umar Farooq, Kashmir's chief Muslim cleric and a moderate face of separatist movement, agrees with Mufti - though only partly. "Complete peace and normalcy will return to Kashmir and rest of the South Asian region only when the core issue of Kashmir is resolved as per wishes and aspirations of its people," says Farooq. Dr. Sheikh Showkat Hussain, a political analyst and a professor of law at the Kashmir University, agrees: "It is the virus and not the symptoms which require to be taken care...