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Cristina Odone's European break has made her realise that Britain's not doing so badly after all.
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Germany’s economy minister has rejected calls for Greece to get more time to implement economic reforms, saying in an interview Sunday that Athens needs to respect the bailout deal reached with its international creditors.
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So bad it is universally known as the "pigsty", Italy's electoral law is at the center of political instability that is stoking fears the euro zone's third-largest economy could topple into a Greek-style debt crisis.
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With all the study and thought that are required to make sense out of how the Great Unraveling will play out, we seldom take time to think of what it will be like on the other side.
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Here We Go!
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When businessman Colin Jones approached his local bank for a loan in 2007, he had little idea what an "interest rate swap" was, let alone a "structured collar".
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Are you willing to bet against three of the wealthiest men in the entire world? Jacob Rothschild recently bet approximately 200 million dollars that the euro will go down.
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As we learned a year ago with the US credit rating downgrade, no country's pristine AAA credit rating is safe.
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Wish you bought a bunch?
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A new note out from Citi's Steven Englander tries to assess the latest state of play with regardes to ECB bond buying, the Greek situation, and so forth.
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SocGen economist Michala Marcussen has a fantastic note out this morning putting together some of the puzzle pieces to figure out what's going to happen next in Europe.
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Time and again, the traditional agencies' analyses have lacked any foresight, even after the lessons of the subprime mortgage debacle.
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The Chinese solar giant is in deep trouble, but even its collapse wouldn't be enough to stabilize a massively oversupplied market.
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Banking titan places $200 million dollar short against single currency
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Measuring the 'contentedness' during this summer of total comfort is tricky.
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Banking tycoon Baron Rothschild is credited with saying that ‘the time to buy is when there’s blood in the streets.’ Rothschild took his own advice, making a fortune buying deeply undervalued assets following Napoleon’s defeat at the Battle of Waterl
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Demand for gold as an investment got crushed in the second quarter this year, declining 25.9 percent from last quarter – the worst quarter-over-quarter drop seen since the third quarter of 2010.
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NYU economist Nouriel Roubini is worried that Europe may be throwing good money after bad as it hooks up peripheral banking systems to ECB life support.
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All over the globe, governments and big banks are acting as if they are anticipating an imminent financial collapse.
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So, two weeks of Olympic Games are over. There was a huge amount of expectation on London (we were one of many nay-sayers) but did the British deliver?
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Chinese investments in Africa have raised many eyebrows, as competitors like the U.S. argue that it's motivated by Beijing's desire to exploit the continent's resources.
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The Group of 20 top economies will meet shortly to try and coordinate a response to soaring food prices, driven by drought and rising demand, the Financial Times reported Monday.
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Swiss banks hoping to atone for decades of complicity in tax evasion may be left to sweat it out for months as the United States and Germany ponder the right level of punishment. Switzerland has long dodged U.S. accusations of hiding money for wea
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Class war
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Problem in Europe is Arithmetic, Not Confidence; Why the Eurozone Cannot Possibly Survive Intact
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The Chinese Communist Party (CCP) regime has signalled a return to stimulus measures because of sharply decelerating growth and potential social unrest.
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Taiwan’s President Ma Ying-jeou Monday called for the resumption of stalled trade talks with the United States after the island recently lifted a six-year-old ban on some U.S. beef imports.
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The regime of Syrian President Bashar Assad is falling apart. Its prime minister has fled the country, and its military equipment is reportedly breaking down.
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The euro eased on Monday after making significant gains, with many investors wary of buying the currency on caution about how effective action pledged by European policymakers to resolve the euro zone crisis would be.
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This morning Deutsche Bank announced that it would lay off 1,900 people — 1,500 of whom would be in the investment banking sector (read the release here).
