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US military warns oil output may dip causing massive shortages by 2015 | The Guardian S'okay, We're Good. America's Back – Paul Kedrosky Full Text Of EMU Statement Of Support For Greece | zero hedge Mark Hulbert – Why Timing…

In a week where the deck of cards that make up the Eurozone got its so far largest jolt and where there is now not only an imminent danger of a total economic collapse in Greece but also, much more worryingly, signs that Germany herself is…

Sorry for the lateness. I was out of pocket all day. More are coming early tomorrow morning. Cheers. Edward LA Times Sees an Oncoming Option ARM Wave : CJR FT Alphaville » Devaluing the yuan Social Security Payout to Exceed Revenue…

In reading Scott Sumner’s take on the China currency peg dilemma, I see that both he and Paul Krugman hit on the fundamental problem in the debate: reserves. Everyone is talking about the peg as if relaxing the peg will be the magic bullet…

I am going to talk here a little bit about the looming trade war between China and the United States. But I am going to come at it from a side angle via some historical analogies. Common folklore in the United States says that the Soviet…

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…

This is a post by Edward Hugh, who also blogs at Global Economy Matters. According to data released today from the Swedish statistical office Sweden unexpectedly fell back into recession in the fourth quarter, adding to the impression…

The following is a post by Marc Chandler, head of Brown Brother Harriman’s Currency Strategy Team. For more of BBH’s currency views, visit the website here. Canada reported a somewhat disappointing Q4 09 current account data today, but…

This is just in from the FT: Germany recorded a budget deficit of 3.3 per cent of gross domestic product last year, one point more than the most recent forecasts, but still well below the level for most of Europe’s larger economies.…

This post was originally published at A Fistful of Euros. Well, as we say in English, it never rains but it pours. Latvia, which has had the deepest recession of all 27 European Union member states, contracted by nearly 18 per cent in the…