Germany

The deal which European leaders have now struck is the best we could have hoped for given the political constraints for everyone involved. The 16 countries in the eurozone have agreed to a contingent aid package of loans and IMF assistance…

Germany's finance minister Wolfgang Schäuble wants to save the euro but he doesn't seem to be very flexible about his negotiating tactics. He says Germany will support Greece if default is imminent, but they will receive nothing until then.…

FiveThirtyEight: A Closer Look At Inflation Bob Herbert – An Absence of Class in the G.O.P. – NYTimes.com Leveraged Buyout Revival Seen in Default Swaps: Credit Markets – Bloomberg.com Rio Tinto blocked from attending China trial…

The Germans are pressing a hard line on all fronts of the sovereign debt crisis in Europe – not only with austerity measures for Greece but for a planned European Monetary Fund (EMF) as well. The most critical part of the German negotiating…

In late 2007 the global economy began to stumble, slipping into the abyss of a deep recession and financial panic. We are only now recovering from this stumble, in large part due to an unprecedented level of fiscal and monetary stimulus.…

Highlights The US dollar is firmer against most major currencies. The euro, together with the Swiss franc and Swedish krona are the worst performers.  The euro failed to make a clear break above $1.38 yesterday and news reports…

News reports are now surfacing that the Germans are open to IMF involvement in the Greece sovereign debt crisis.  This is a 180-degree turn for the German finance minister who has expressed vocal opposition to the IMF’s involvement in…

It’s curious how one and the same message is emanating from both Beijing and Berlin at the moment: “don’t blame us, it’s not our fault”. And it isn’t. According to the Financial Times, the Chinese Authorities spent their morning pushing…

Well, I for one can’t help thinking that it’s now well time we all stopped getting carried away with the use of so many acronyms. Not only may one man’s meat easily prove to be another’s poison, it may even be that for some the entire meal…

I hadn’t seen an advance release of the January German export data, when I wrote the following on Tuesday, honest injun I hadn’t: Well, this is only a hypothesis. But if the hypothesis has any validity we should be able to make some…