Posts Tagged: US

Saving the Euro Europe Under Pressure to Fulfil G-20 Promises

dapd World leaders emerged from the G-20 meeting in Mexico satisfied that Europe is making progress on efforts to save the common currency from collapse. But now the euro zone must come up with a concrete plan. Expectations are high

Saving the Euro Europe Under Pressure to Fulfil G-20 Promises

dapd World leaders emerged from the G-20 meeting in Mexico satisfied that Europe is making progress on efforts to save the common currency from collapse. But now the euro zone must come up with a concrete plan. Expectations are high

Greece as Victim

Ever since Greece hit the skids, we’ve heard a lot about what’s wrong with everything Greek. Some of the accusations are true, some are false — but all of them are beside the point. Yes, there are big failings in

Greece as Victim

Ever since Greece hit the skids, we’ve heard a lot about what’s wrong with everything Greek. Some of the accusations are true, some are false — but all of them are beside the point. Yes, there are big failings in

/ News

Greek Voting Past, Europe Returns to Fiscal Rescue

After Greek elections eased fears that the country’s exit from the euro zone was imminent, attention turned Monday to an even bigger challenge: restoring the economic body to health with Greece still in it. A respite from market pressure early Monday proved

/ News

Greek Voting Past, Europe Returns to Fiscal Rescue

After Greek elections eased fears that the country’s exit from the euro zone was imminent, attention turned Monday to an even bigger challenge: restoring the economic body to health with Greece still in it. A respite from market pressure early Monday proved

Euro Crisis Shifts To Spain As Merkel Faces G-20 Pressure

  Europe’s financial crisis deepened and enveloped Spain, raising pressure on German Chancellor Angela Merkel at a meeting of world leaders to shift her stance on measures to shield the global economy. President Barack Obama, who has blamed the crisis for a slowdown

Euro Crisis Shifts To Spain As Merkel Faces G-20 Pressure

  Europe’s financial crisis deepened and enveloped Spain, raising pressure on German Chancellor Angela Merkel at a meeting of world leaders to shift her stance on measures to shield the global economy. President Barack Obama, who has blamed the crisis for a slowdown

GREXIT: A TRAGEDY IN THREE ACTS

GREXIT: A TRAGEDY IN THREE ACTS en.wikipedia.org Oedipus at Colonus, by Jean-Antoine-Théodore Giroust (1788) NEW YORK (AP) — The unthinkable suddenly looks possible. Bankers, governments and investors are starting to prepare for Greece to stop using the euro as its

GREXIT: A TRAGEDY IN THREE ACTS

GREXIT: A TRAGEDY IN THREE ACTS en.wikipedia.org Oedipus at Colonus, by Jean-Antoine-Théodore Giroust (1788) NEW YORK (AP) — The unthinkable suddenly looks possible. Bankers, governments and investors are starting to prepare for Greece to stop using the euro as its

The End of the World as We Know It

Consider the following scenario. After a victory by the left-wing Syriza party, Greece’s new government announces that it wants to renegotiate the terms of its agreement with the International Monetary Fund and the European Union. German Chancellor Angela Merkel sticks

The End of the World as We Know It

Consider the following scenario. After a victory by the left-wing Syriza party, Greece’s new government announces that it wants to renegotiate the terms of its agreement with the International Monetary Fund and the European Union. German Chancellor Angela Merkel sticks

/ News

The World Is Relying On Fake German Strength

They lined up on Friday to give their spiel. ECB President Mario Draghiwould “continue to supply liquidity to solvent banks where needed.” Bank of Japan governor Masaaki Shirakawa was “prepared to take all possible measures” but denied rumors that central banks around the

/ News

The World Is Relying On Fake German Strength

They lined up on Friday to give their spiel. ECB President Mario Draghiwould “continue to supply liquidity to solvent banks where needed.” Bank of Japan governor Masaaki Shirakawa was “prepared to take all possible measures” but denied rumors that central banks around the

ROUBINI: Dark Clouds Are Gathering Around The World

Dr. Doom Nouriel Roubini is once again warning of a perfect global storm in 2013.  In his latest Project Syndicate column Roubini warns of dark “financial and economic clouds” from Europe, the U.S., China and the Middle East. First, he says the eurozone crisis is

ROUBINI: Dark Clouds Are Gathering Around The World

Dr. Doom Nouriel Roubini is once again warning of a perfect global storm in 2013.  In his latest Project Syndicate column Roubini warns of dark “financial and economic clouds” from Europe, the U.S., China and the Middle East. First, he says the eurozone crisis is

Save Europe’s Marriage With a Trial Separation

The euro is not a fundamentally bad idea. It just needs a timeout while some critical kinks are worked out. Europe is at least two economies: a northern tier we might call Hanseatica and a southern one we will call Mediterranea.

Save Europe’s Marriage With a Trial Separation

The euro is not a fundamentally bad idea. It just needs a timeout while some critical kinks are worked out. Europe is at least two economies: a northern tier we might call Hanseatica and a southern one we will call Mediterranea.

Merkel Still Waiting for a Thatcher Moment

Who knows what ultimately drove Alexandros to commit suicide by hanging himself in a park in Athens? But clearly financial worries exacerbated by Greece’s economic crisis weighed heavily on the pensioner’s mind. In a farewell note, he set out what

Merkel Still Waiting for a Thatcher Moment

Who knows what ultimately drove Alexandros to commit suicide by hanging himself in a park in Athens? But clearly financial worries exacerbated by Greece’s economic crisis weighed heavily on the pensioner’s mind. In a farewell note, he set out what