2012

According to the Eurogroup, "this new programme provides a comprehensive blueprint for putting the public finances and the economy of Greece back on a sustainable footing and hence for safeguarding financial stability in Greece and in the…

The just announced 2GB — Second Greece Bailout — is a misnomer. We wouldn’t exactly call a deal where private creditors reschedule all maturing bond payments for the next ten or so years into a 30-year bullet with a 50+ percent effective…

Right now, I am getting a bit of much needed rest and relaxation. I started a holiday last week that will continue through next week. So my own posting will be light and the links posts will be thin. Posts from other authors will continue…

CAUTERISE AND PRINT: GERMANY'S NEWEST PLAN A « Yanis Varoufakis China Injects Funds After Funding Costs Spike - WSJ.com So, how can bankers live with themselves? | Joris Luyendijk | Comment is free | guardian.co.uk…

The Czech Republic is the first economy in central and eastern Europe to slide back into a full technical recession during the current downturn (evidently it is unlikely to be the last).

The combination of a 50 bp cut in China's required reserve ratios and anticipation that the European finance ministers sign off on the second aid package for Greece has lifted equity markets and most of the non-US dollar currencies.

There are two sets of important developments over the weekend that will influence the global capital markets. The first is in China and the second in Europe.

Google Didn't "Track" iPhones, But It Did Bypass Safari's Privacy Settings tags: Google privacy browser…

by Frank Li and Derryl Hermanutz, Guest Authors from Global Economic Intersection This is the fifth article of the series: “Towards An Ideal Form of Government”. In my 1/20/2012 post (Democracy and Communism: Are They Really the…

News Desk: What’s Going On With Michael Grimm? : The New Yorker In 2010, Michael Grimm, a Republican from Staten Island and former U.S. Marine and F.B.I. agent, was elected to Congress. Grimm ran…