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The European Union won the Nobel Peace Prize on Friday for its historic role in uniting the continent in an award seen as a morale boost as the bloc struggles to resolve its economic crisis.
Foreign Policy Magazine's Benjamin Pauker interviewed Nassim Taleb for the November issue.
Why the IMF has got it so hopelessly wrong on the euro crisis ... David Cameron and George Osborne are not for turning, but the International Monetary Fund is plainly made of flimsier stuff.
Spain is in trouble.
A bloodied figure climbed out of a coffin and lurched across the square screaming at passers-by, as three pale-faced women dressed as witches squawked and wailed.
A devastating economic depression is rapidly spreading across the largest economy in the world.
According to the latest economic forecasts from the International Monetary Fund (IMF), released on Tuesday, Greece will miss the five-year debt reduction target that underpins the country's 130 billion euro bailout.
CATALONIA may be the catalyst for a renewed wave of separatism in the European Union, with Scotland and Flanders not far behind.
Markets in Europe got slammed today. However, they closed off of their lows.
Markets are falling early in the European trading session.
Host:
Ernest Hancock
Costas Panayotakis provides insight on the recent violence in Greece and Spain - Anthony Gallippi, founder of BitPay, on the need for bitcoin payment processing - Greg Peterson (UrbanFarm.Org) talks about survival and the need for urban farming
Host:
Ernest Hancock
Costas Panayotakis provides insight on the recent violence in Greece and Spain - Anthony Gallippi, founder of BitPay, on the need for bitcoin payment processing - Greg Peterson (UrbanFarm.Org) talks about survival and the need for urban farming
Appearances are important! Those who follow free-market economics know what needs to be done to pull Europe out of its slump. But the reporting gives no clue of the reality.
The last several hours has seen a huge slew of economic data.
While Europe watches and waits for Spain to submit a formal bailout request to the EU and the ECB, the economic situation on the ground there continues to deteriorate.
While the 'Misery' Index in Iran reaches exceptional levels, and the US aggregate of inflation and unemployment peaked last October, Europe's misery has continued to rise in the face of an ever-easing ECB and political jawboning.
I hate that “R” word, but here we go—recession. Don’t worry too much about the economic recovery in the U.S.; the real threat, as I have said on many occasions, will be the inevitable deterioration of the eurozone. What happens in the eurozone wil
Be Very Careful, Beloved Spain ... Two weeks ago I was interviewed by the Catalan newspaper El Punt Avui. I said it would be unthinkable for the Spanish state to stop Catalan secession by military force.
(Reuters) - The two main political parties in Greece are facing their own financial crisis. New Democracy and Pasok, the key members of the country's coalition government, are close to being overwhelmed by debts of more than 200 million euros, say ri
Some real good may come out of the eurozone crisis. It's spawning a separatist movement in Spain
The odd timing of the Fed's QEternity (given macro data, risk, financials conditions, inflation expectations, and equity valuations) provided some impetus for the markets which had anticipated Bernanke's action.
Police fire rubber bullets and beat protesters with truncheons at an anti-austerity demonstration near Spain's parliament in Madrid.
Europe's debt crisis is still grinding on but UK Independence Party leader (UKIP) Nigel Farage told King World News that the end is near.
The global recession, which started in Europe, is strengthening led by further declines in the eurozone.
Probably best if you spike your morning coffee before reading any further.
The mood in financial markets turned sour Thursday after a round of disappointing economic news illustrated the scale of the global economic downturn.
While countries including France and Italy set expiration dates after which their former currencies could no longer be exchanged for euros, Germany never did.
If you are seeking an amusing yet disconcerting diversion from QE talk, please consider Lawmaker fined about $4,000 for insulting EU chief.
Spain told euro zone finance ministers on Friday it will set clear deadlines for structural reforms by the end of the month, in a move European diplomats said would pave the way for an aid request before long to help it tackle its debt pile.
The euro crisis is not over and is about to get interesting ... Supposedly the euro crisis is all over.
