2010

The European Commission announced plans to sell bonds to fund the Irish bailout through the EFSF and EFSM. Each entity will issue EUR3-5 bln in 2011, and will mainly have maturities of 5, 7, and 10 years. More debt will be issued in 2012.…

I spoke to Max Keiser recently about a number of issues in a wide-ranging interview featured below. In the video, Max and Stacy Herbert talk about some of the hot button issues of the day like the banking sector in Ireland and the lack of…

Today's news features a great article on China's 1911 revolution plus, BMO's US regional bank buy and more on the Euro crisis.

from the BBH Currency Strategy Team Turnaround Tuesday appears to be in force today, with the dollar softer and EM firmer. However, ranges are fairly narrow as trading slows and markets thin ahead of the Christmas holiday. Euro staged a…

Tonight I should be on the Lang & O’Leary Exchange, the CBC’s prime-time national business program, at 7PM ET. We are going to be discussing the European sovereign debt crisis for about 5-7 minutes. Canadian readers, tune in. For…

Our sovereign ratings model puts France as a borderline AA+/Aa1/AA+ credit, so there is certainly a risk that France is downgraded from its current AAA/Aaa/AAA ratings in the coming quarters. However, because the slippage is borderline, we…

Today's financial news with stories on Europe's sovereign debt crisis, state budgets, and recent banking-related stories plus much more.

I wrote recently about the Bank of England sowing the seeds of their next banking crisis by deciding to reduce bank examinations. Spencer Bachus (R. Ala.), the incoming Chair of the House Financial Services Committee, told the Birmingham…

Only in Germany and Turkey did tax revenue rise as a percent of GDP last year amongst the twelve countries in the Economist's graphic below. This is testimony to how deep the global downturn was. While it is unclear whether this graphic…

A funny look at Time's selection of Mark Zuckerberg for Person of the Year over Julian Assange