sovereign debt crisis

Financial news links on China, technology companies, the eurozone debt crisis and more

Market participants, including economists and strategists are prone to confusing what they believe should be the case with what will be the case.

The ECB President admitted that budgets cuts and tax increases are contractionary -“in the short term” he added - but there are two ways to lessen their negative impact on growth: the confidence-enhancing effect that will follow the new…

Financial news links for 12 December 2011 including stories on privacy, the European sovereign debt crisis, China and India

The stereotype of lazy southern Europe and the hard working North is just not reflected in the data. We came across this BLS data set over the weekend which was very enlightening and, in part, smashes this widely held generalization.

Rumors of an impending bank failure in Latvia over the weekend led to a run on bank machines. In many places it was impossible to get money.

There were only two questions that mattered, going into the EU summit. Would leaders come up with any actions to help end the immediate crisis? Falling short of this, would any of their actions allow the European Central Bank to step up its…

Here are two interesting charts courtesy of the Macro Business Superblog. In outlining how the latest European crisis response policy fails to deal with the underlying issues in Euroland, Macro Business also illuminated the individual debt…

Below is the press release issued by ratings agency Moody's in response to the most recent initiative in Europe to solve the sovereign debt crisis.

The British decision to veto the proposed new EU treaty is not surprisingly provoking an avalanche of commentary this weekend. Among journalists, at least, there seems to be a consensus that David Cameron committed some kind of major…