nationalism

The left-wing nationalists will return with force to the House of Representatives after 15 years of years of absence through the Amaiur coalition according to data from the first ballot count.

With the euro zone about to implode, it makes sense for politicians outside of the main stream to rise up, grab the metaphorical mic and make a play for a nationalist response. That’s what Marine Le Pen hopes to do.

With sovereign interest rates in the euro zone rising, Finland is feeling the contagion effect despite being only country in the euro zone except tiny Luxembourg which is both AAA-rated and meets all of the Maastricht Treaty requirements.…

If you are a debtor who wants to cut your debt load for fear of a liquidity-induced insolvency, there are two ways to make your debt metrics improve. One is to increase revenue and the other is to shrink the debt. Think of it this way:…

The well known eurosceptic Nigel Farage is having a field day over the sovereign debt crisis in the euro zone. Farage says that the EU lacks democratic legitimacy, a complaint heard ever more often during this crisis. He goes further,…

The most important debate of our lifetimes is now ongoing. The question: Should the ECB “write the check’ for the euro area national governments? In thinking about the answer to this all-important question, I prefer to shift the focus by…

The currency may well be undervalued, but a significant rise in the RMB, especially if it is countered domestically by an increase in credit at lower real rates, might actually make the global imbalances worse and, more worryingly, cause…

Here are a few excerpts from Stephen Roach’s latest at Project Syndicate.

This is an update of a post I wrote at the beginning of September about European political dysfunction.

Judging from this chart drawn up by the Financial Times, it would seem that Turkey is winning the currency wars and China is losing them.