Slim K

PARIS — Gérard Depardieu, the famous French actor, will be French no more, so exasperated is he with French taxes and the French government, he declared in an angry open letter to France’s prime minister on Sunday.

Gérard Depardieu Renounces His French Citizenship in Snit Over French Tax Burden.

Oh, how predictable this is!! Tunisia Losing “Economic” direction? Tunisia didn’t have a general direction to begin with! They overthrew President Ben Ali (or should I say, He resigned), and that’s about it.. What a waste of a “Revolution”, more an illusion! Tunisia is precisely what we can expect - we saw it in South Africa. Economically the countries degrade once they have democracy, but become more stable. Stability without Prosperity (can’t have it all in Tunisia). Keep praying ;)

Hooray for Germany! (AP) Ratings agency Standard & Poor’s downgraded the government debt of France, Austria, Italy and Spain on Friday. But it kept Germany’s at the coveted AAA level. The downgrades deal a blow to the eurozone’s ability to fight off a worsening debt crisis. All told, S&P cut its ratings on nine eurozone countries. The rating agency ended France and Austria’s triple-A status. It also lowered Italy’s and Spain’s by two notches and did the same for Portugal and Cyprus. Additionally, S&P cut ratings on Malta, Slovakia and Slovenia. S&P had warned 15 European nations in December that they were at risk for a downgrade. The United States, the world’s largest economy, was downgraded over the summer of 2011.