. Where they (other artists) saw the poor, he saw the 'humble'" (Weisberg, 9)
Financial Crisis in Peripheral Europe Nations on the edge of the eurozone, including some former economic darlings like Ireland, have recently come under intense pressure due to their high debt loads. Germany has been forced to bail out an insolvent Greece in order to maintain stability within the eurozone (Kulish, 2010)
The surface-level cause of the trouble was the level of debt. In Greece, the budget deficit was at 13% of GDP in late 2009 and public debt at 125% (Walberg, 2010)
As a result, Spain saw an increase in inflation. When the real estate bubble burst, Spain was overpriced, which saw capital outflows, leaving the nation with high debt and low income (Krugman, 2010)
This is caused by a number of factors, but a major one is the underlying differences in competitiveness between different member states. A solution, therefore, would be a tighter political union -- a common budget, common governance, common taxes -- in order to redistribute resources in a non-crisis situation (Fleming & Shipman, 2010)
The Chunnel is significant in the context of closer ties between Europe and Britain, in particular closer trade ties. Given the strategic significance of the lack of land barrier between Britain and Europe during the two world wars, the presence of this link has security connotations for Great Britain as well (Doughty, 2014)
Many in Europe have made the case for austerity as a measure to boost the economy -- usually failing miserably in that regard. In some instances, the hardships created by austerity's bad economics has led to widespread social unrest, such as in Greece (Maltezou & Papadimas, 2013)
Russian investments were seemingly protected in the deal. The crisis has raised considerable concern about the legality of the solution and the human rights issues it raises, while confirming for all to see the way that bankers and governments are keen to dump the costs of their bad policies on the public when the opportunity presents itself (Cisotta, 2013)
However, as the relationship between the English and the Spanish became tensed, England started to express interest in various areas previously owned by the Spanish and claimed the Bahamas in 1629. The first permanent colony on the island, Eleuthera, was established by English Puritans in 1648 (Craton 1962, 57)
However, the fact that Europeans invested large amounts of money and efforts in making the islands a hospitable place improved living conditions in the Bahamas and generally set the basis for a thriving country. The islands came to be one of the most developed countries in the Western World as they became more populous, "provided opportunities for greater comfort and affluence, grew more settled (if not in all cases much more orderly), and became internally more complex"(Greene 1988, 168)
And the Bahamas as the islands became a control center for bootleggers smuggling alcohol into the U.S. (Stuart Olson & Shadle 1991, 40)
The fact that the colonial period attracted African-Americans in large numbers in the area made it possible for the hip-hop culture to be presently one of the most important elements in the Bahamas. "Not only does hip-hop provide the literal soundtrack for many of the entrances -- with hip-hop music being boomed from car sound systems -- but its visual cultural expressions are especially pronounced, as prom-goers emulate the displays of materialism and conspicuous consumption found in some late twentieth-century expressions of the genre" (Thompson 2011)
Indeed, it has been argued above that the process of the gradual atrophy of non-indigenous ethnic identities will strengthen the cohesive religious strength of the umma Islam. (Christie) Yet, these issues did nothing for either Eastern or Western Jews as legalization of sanctions became blind of the length of the Jews residence, and to a large degree the only protection that was of any value was associated with wealth, those who were rich could step outside of the sanctions, up to the point where the extreme sentiments of the Nazi's infiltrated the whole of Europe and much of America, and the Jews were redefined as a race rather than a community of faith
Sometimes the Jews travelled in small caravans of traders, at other times as massive waves of immigrants several million strong. (Cohn ix) Within the years just preceding the French revolution beginning in 1789, and the beginning of the 19th century there were many cultural and societal changes for the Jews in both eastern and western European communities
By the 1830s the majority of Jews in Ukraine, Galicia, and central Poland were Hasidic, as were substantial minorities in Belarus and Hungary. (Columbia Electronic Encyclopedia, 6th Edition
Mercantilism and advanced trade were a trademark of the Muslim world that controlled the Mediterranean. (Banaji 2007, p
While the West was endowed with a capitalist spirit, one which could be connected to a protestant ethic and its inherent nature of proselytizing, Latin America maintained an indigenous culture that did not concern itself or acknowledge other parts of the world within a capitalist framework. (De Soto 2003, p
It was not until the Revolution of 1905 that the serfs attained true freedom. (Figes 2002, p
Thus, it is without surprise that the continent lacked the culture of capitalism. (Huntington 2002, p
The exploration and dominance of the West usurped the commercial dominion of the Muslim world and gave the region a reason to move toward religion as a mode of identity. (Wallerstein 2002, p