financial news

Greece needs decade to get competitive: German finance minister| Reuters (tags: greece sovereign-debt-crisis germany) Rescuing the Euro: The Fatal Mistakes of…

Greece sees default with 50pc haircut on debt - reports - Telegraph "Greece's finance minister has told lawmakers he sees three scenarios to resolve the debt crisis, including one involving an…

Be Safe, Break the Law — Marginal Revolution "Higher speed limits are often safer because what is worse than speed is variable speed, some people driving fast and some driving slow. When the speed…

USD continues to surge amid safe haven demand; EUR breaks below 1.35, EM currencies drop 1-2.5%. The Fed delivered “Operation Twist” but bleak economic outlook continues to weigh on sentiment. Czech CB remains put, South African CB expected…

Greece to front-load austerity, troika to return | Reuters "Greece pledged to bring forward painful austerity measures on Tuesday, convincing international lenders to return to Athens early next week…

European market consolidates ahead of FOMC decision; GBP softer after potential for QE increases . Operation Twist is likely to be supportive of the dollar; dovish actions include QE and inflation target. Hungarian central bank likely to…

Will the Senate Forget the Lessons from Japanese-American Internment? » Blog of Rights: Official Blog of the American Civil Liberties Union "The U.S. Senate is considering the unthinkable, changing…

EUR/USD and European stocks recover amid hopes of Greece aid; market shrugs off Italy’s downgrade. BBH Sovereign Credit Rating Model suggests that further downgrades for Italy and Spain are likely.

AppleInsider | Samsung planning legal offensive against Apple's unreleased iPhone 5 (tags: apple mobile patents) Daniel Yergin's letter to the…

European stocks snap a four-day amid Greek default concerns; EUR/USD gapped lower near 1.363. Markets this week are likely to be dominated by political risks in Europe, along with FOMC meeting. In the EM space, central banks from Czech…