Outfoxed by Club Med German Dominance in Doubt after Summit Defeat

Chancellor Merkel suffered a bruising defeat at last week’s Brussels summit after the leaders of Italy, Spain and France ganged up on her. Europe’s power relations have shifted as a result. It looks like Germany will no longer be calling

Euro-Zone Shark Still Has Its Appetite

“A shark has to constantly move forward or it dies. And I think what we got on our hands is a dead shark.” Woody Allen’s description of his failing relationship with Annie Hall is as apt when applied to the

Angela Merkel Is Playing You For Fools – a different perspective

Oh come on, leave the girl alone already. First off, all those people talking about a solution for the eurozone need to finally understand there ain’t no such thing. And whatever slim chance of a solution the most optimistic –

This One image Explains Why Markets Are Loving What Happened In Europe

Here’s a screenshot from German magazine Der Spiegel… Der Spiegel It basically tells you everything you need to know. There’s the “Spain and Italy getting their way” angle which implies that Germany didn’t get its way. The fact that this is

It can’t be true!

http://www.youtube.com/watch?v=l2pO6PFYnL4&feature=youtube_gdata_player

One would assume the German Chancellor would have no trouble locating her own country, and its main cities, on a map. But as it turned out, Angela Merkel had a spot of trouble finding Berlin, finally placing it… in Russia.
The German leader was attending an open geography lesson at an International European school in Berlin.

‘Breakthrough’ achieved in Brussels

Danish Prime Minister Helle Thorning Schmidt (l), European Council President Herman Van Rompuy (c) and European Commission President Jose Manuel Barroso (r) give a joint news conference at the end of the European Summit in Brussels on Friday. After 18

The Long Memory Of ‘The Sick Man Of Europe’

en.wikipedia.org East German police in 1989 It’s astounding just how distorted the coverage of Germany the grand Eurozone bailout scheme has been—well, at least in the English-speaking mainstream media. Time after time, we’re confronted with the inanest headlines and reports

The EU Summit To Save The Euro Has Already Failed

Sean Gallup/Getty Images During the two-day EU summit on June 28 and 29, all eyes will be breathlessly riveted on German Chancellor Angela Merkel—with one question on all lips: will she blink? Because nothing less than the future of the

Markets Are Getting Whipsawed By Contradictory Headlines About Germany And Eurobonds In The Last Few Minutes

AP German finance minister Wolfgang Schaeuble and Chancellor Angela Merkel A report out of WSJ has had investors jumping in the last few minutes. The Journal reported that Germans could accept some sharing of European debt burdens to stave off the crisis

It tastes good!