Tag Archives: Obama
Growth and Greece – where are we headed?
Just as Obama is gearing up for the G8 summit, Hollande has been inaugurated in France and ratings agency, Fitch, has downgraded Greece’s credit rating to a paltry CCC. Talk abounds of Greece’s exit from the euro, now more than … Continue reading
The U.S. Oil Dilemma
It’s a great time to be a political watcher, especially with an upcoming American election. The rhetoric seems to get worse every four years – dooming the country to a spiral of infantilized slogans and more ‘us against them’ scenarios. … Continue reading
Filed under Business, business news, Economy, politics
A little political PR, please!
Every day brings more market turmoil and instability, and as one analyst said recently, “only true leadership from policymakers will help soothe the situation.” Obama, after the recent, brutal tug of war and then the country’s downgrade (the first in … Continue reading
Filed under Economy, Finance, Government
Will They Lose the AAA Rating?
There is collective breath holding going on globally, and not just with politicians and economists. The idea that America may default on its debts is already causing an uproar with the populace, the ‘average Joe’ in the US, and is … Continue reading
Cuts in the land of plenty
As Europe continues its slow descent into bail-out penury, America’s government – forever the loin with most meat (and fat) – is battling it out in order to save for the future, or at least show up for work on … Continue reading
Filed under Economy
Positive Words From The Oracle
An inscrutable recent picture of the world’s wealthiest ‘good ‘ol boy,’ Warren Buffett, eating an ice cream cone with a mild look of derision on his face on the BBC news site, somehow sums up the personality that everyone in … Continue reading
Christmas is made in China
Every year, around this time, retailers are wondering whether the massive shipments of toys they’ve ordered as far back as July will be a hit for them and the kiddies once Christmas rolls around. It’s a gamble to say the … Continue reading
Filed under China
Tough Times? Print More Dosh
It’s been a very bad week for President Obama. First, he’s lost the lower house of Congress to the Republicans, and now he’s being publicly rebuked in the press by Europe’s leaders for his administration’s approach to the financial rut. … Continue reading
Filed under Finance, Global Markets, United States
The First Cut is the Deepest
A new Nobel Prize laureate has warned that cutting social benefits is a very dangerous and detrimental tack to take in order to curb governmental spending. If there’s any man who ought to know, it’s a globally recognized expert on … Continue reading
Filed under Finance, United Kingdom
Austerity is not enough
With Europe’s leading economic nations meeting at the G8 and G20, it’s not surprising that sweeping economic reform is the talk of the table. And it’s the new U.K. Prime Minister, David Cameron, who is the first one to make … Continue reading
Filed under Finance, United Kingdom
