Charlemagne: Bulldozing on

UK Only Post:  Regular post Problem:  The split that is homosexual Fly Name:  Charlemagne Rubric:  The financial laxity in France is losing it friends in Brussels and elsewhere Principal picture:  20141011_EUD000_0.jpg THE nights are drawing in and a sharper bite is to the wind, yet it’s a time of renewal in Brussels. New leaders are taking office, brimming with new …

The euro zone: The world’s largest economic problem

UK Only Post:  Regular post Problem:  The world’s largest economic problem Fly Name:  The euro zone Rubric:  Deflation in the euro zone is incredibly dangerous and so close Principal picture:  20141025_LDP001_0.jpg THE world market isn’t in very good condition. The news from Britain and America has been fairly favorable, but Japan’s market is fighting and the increase in China is …

The risks of deflation: The pendulum swings to the pit

UK Only Post:  Regular post Problem:  The world’s largest economic problem Fly Title:  The risks of deflation Rubric:  Central bankers and politicians aren’t supplying the inflation the world needs to it; some markets confront deflation that is damaging instead Place:  WASHINGTON, DC Principal picture:  20141025_FBD001_0.jpg It’s a pernicious danger, all the more so because, at its beginning, it appears practically …

The euro disaster: Back to reality

UK Only Post:  Typical post Problem:  The world’s largest economic problem Fly Name:  The euro disaster Rubric:  The debt of some euro-zone markets seems unsustainable Place:  LONDON AND PARIS Principal picture:  20141025_FND001_0.jpg BEFORE this year it seemed rosy. In April, only two years after Greece visited the largest sovereign debt restructuring in history on its private lenders, it raised EUR3 …

Daily graph: The wrong sort of increase

Euro-zone debts are appearing unsustainableLAST week there was chaos in financial markets. Investors began to worry about whether fighting euro-zone markets would have the ability to pay their debt back. Returns on Greece’s sovereign bonds (loans) surpassed 9%, a huge jump. So how awful is euro-zone debt? Private sector debt isn’t overly concerning, together with the exclusion of Ireland. Italy’s …

Italy’s funding: Mamma’s boy

UK Only Post:  Regular post Problem:  The world’s largest economic problem Fly Name:  The budget in Italy Rubric:  Moms are given a tax break by Matteo Renzi Place:  ROME The prime minister, Matteo Renzi, in ITALY suffers from a condition so rare it’s yet to feature in almost any medical journal: the compulsive statement of new policies proclamitis,. On a …

The ECB's Advantage Quality Review: Evaluations that are nerve-Racking

UK Only Post:  Regular post Fly Name:  The ECB's Advantage Quality Review Rubric:  The banks in Europe are probed. More than anticipated have been found wanting Byline:  S.P. Principal picture:  20141025_wbp507.jpg One of Europe’s newer conventions consists of regulators “pressure-testing” banks to ensure they wouldn’t neglect, or require a citizen-financed bailout, in the event the market should happen to sour fast. The latest …

Italy v Brussels: Mr Nice Guy no more

WHEN Matteo Renzi (imagined) won 41% of the Italian vote in the European Parliament election in May, there was an audible sigh of relief among pro-Europeans. Here it appeared, was a state where voters stayed faithful to the EU job. And what’s more, it’d a dynamic young leader who could trounce foes using a campaign appealing to conventional, pro-European ideals. That …

Italy's banks: Looking sickly

UK Only Post:  Regular post Fly Name:  Italy's banks Rubric:  The stress tests of the European Central Bank have hit Italy's banks difficult Byline:  A.F. Place:  MILAN Principal picture:  20141101_wbp501_473.jpg ITALY was left feeling particularly hard done by on October 26th following the outcome of the asset quality review of the European Central Bank. Including the worst performer, Monte dei …

European banks: Pressure relief

UK Only Post:  Regular post Problem:  The revolution is over Fly Name:  European banks Rubric:  The banks in Europe are in adequate shape–but that isn’t enough to fix its market FIVE years back the discovery of a black hole in the public finances in Greece indicated the beginning of the euro-zone disaster. Policymakers have scrambled to check it. The results …