Daily Archives: July 9, 2012

Gov’t, troika in tug-of-war over layoffs

The insistence of Greece’s international creditors, the European Central Bank, European Commission and the IMF — known as the troika — on public sector layoffs is leading to a tug of war with the government, which is focusing on the

Gov’t, troika in tug-of-war over layoffs

The insistence of Greece’s international creditors, the European Central Bank, European Commission and the IMF — known as the troika — on public sector layoffs is leading to a tug of war with the government, which is focusing on the

Greek program needs redesigning, says PIMCO CEO

      By Tom Ellis Greece should take up the issue of separating the 50 billion euros that went toward recapitalizing the country’s banks from the country’s public debt with its European partners and the International Monetary Fund, says

Greek program needs redesigning, says PIMCO CEO

      By Tom Ellis Greece should take up the issue of separating the 50 billion euros that went toward recapitalizing the country’s banks from the country’s public debt with its European partners and the International Monetary Fund, says

/ News

France’s Borrowing Costs Are Collapsing

Bloomberg A few days ago, France was paying close to 0.6% to borrow money for 2 years. Today: 0.17%. As borrowing costs have re-surged in Spain and Italy, France is seeing major safe-haven flows, the likes of which you normally

/ News

France’s Borrowing Costs Are Collapsing

Bloomberg A few days ago, France was paying close to 0.6% to borrow money for 2 years. Today: 0.17%. As borrowing costs have re-surged in Spain and Italy, France is seeing major safe-haven flows, the likes of which you normally

The 13 People Who Are Destroying The Global Economy

wikimedia commons Let’s be crystal clear: we don’t believe any of these people are bad or are intentionally trying to destroy the world. But if there’s one thing that has become obvious, it’s that policy paralysis is a major contributor

The 13 People Who Are Destroying The Global Economy

wikimedia commons Let’s be crystal clear: we don’t believe any of these people are bad or are intentionally trying to destroy the world. But if there’s one thing that has become obvious, it’s that policy paralysis is a major contributor