Tag Archives: economy
Countdown to meltdown?
The seriousness of the European debt crises is such that France’s Nicolas Sarkozyflew to Frankfurt for emergency meetings with Germany’s Angela Merkel ahead of the eurozone’s weekend deadline – and missed the birth of his child! If Obama’s administration had … Continue reading
Filed under business news, China, Economy, Europe, Finance
Geithner to resuce
Timothy Geithner, the US treasure secretary, has been haunting Europe’s corridors for the last several months making it abundantly clear that Obama’s administration is deeply concerned about the current European financial crisis. Geithner’s ‘help’ has been met with equal parts … Continue reading
Filed under Economy, Finance, Government, politics, United States
Slovakia raises a middle finger
As the grinding, round-table meetings continue to fail to provide a consensus on the bail outmeasures needed for Greece, Portugal and Ireland, it’s somewhat surprising that the latest voice of dissent is from Slovakia (not Germany). The country’s current vote … Continue reading
America is next…
An interesting interview appeared recently in The Guardian newspaper with Michael Lewis, former bond trader turned bestselling author of a new book on the recent financial crisis, entitled Boomerang: Travels in the New Third World. And as you can probably … Continue reading
Filed under Economy, Finance, United States
It Will Survive!
Just as news hits the headlines that Greece hasn’t met its terms set for the first bail out tranche, CNN Money has run an article saying that ‘Economists actually believe the euro will survive.’ Just as the protests in Greece … Continue reading
The Arab Spring Hits Wall Street
Following the comments of Warren Buffett recently that, “the rich should pay more taxes,” the most unlikely of countries to protest, America, is doing just that. This time it’s Wall Street in the firing line. For almost two weeks now, protesters have … Continue reading
Filed under Economy, Finance, Government, United States
Emerging economies are ‘no panacea’
Political and economic journalists have suggested that China and other emerging nations could be the ‘cure’ for the eurozone’s ills. Well, Robert Zoellick, President of the World Bank has suggested in a BBC interview recently that a cash injection from … Continue reading
China to the rescue?
Why buy a theme park like Disneyland? Or an automotive classic like Ferrari? Why invest in football teams like the Russian Oligarchs? – Forget it, the must-have hot purchase right now for seemingly the only country on the planet experiencing … Continue reading
ECB is too much the puppet master?
The eurozone’s ailing countries have found that within the last twelve months, bail-outs and loans may keep their nation from imminent collapse, but the European Central Bank wants something in return: the ability to talk and have the wounded nation … Continue reading
Filed under Economy, Europe, Finance, Government
Hewlett-Packard’s Lateral Thinking
The news is awash with computer giant Hewlett-Packard‘s new purchase of software company, Autonomy. This is an interesting change and one that signals that CEO Leo Apotheker is turning his attention away from the battle to take-on Apple for it’s … Continue reading
