Tags » UK & Europe

Why Europe Failed

Dr Oliver Hartwich of The New Zealand Initiative discusses his new book, Why Europe Failed.

Over the past years, we have become used to Europe’s debt crisis. 33 more words

UK & Europe

Greece and Its Misguided Champions

From Michael G. Jacobides in Harvard Business Review:

….while some EU policies are punitive or counter-productive, the strength of opinion of pundits long on conviction and short on detail seems to ignore the real root cause of the crisis.

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UK & Europe

Does a Dead Kazakh KGB Chief Own Sherlock’s House? - The Daily Beast

From Michael Weiss:

…..“These wealthy oligarchs all come to London because it’s a really good place to put your money,” Simon Farrell QC, a British attorney who specializes in corporate crime and money laundering, told The Daily Beast.

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UK & Europe

Cold wind blows for crude oil producers

Long-term June 2017 Nymex Light Crude futures (CLM2017) broke support at $60/barrel, offering a target of $54/barrel*.

* Target calculation: 60 – ( 66 – 60 ) = 54… 101 more words

US & Canada

How much longer can the global trading system last? | Michael Pettis

Michael Pettis quotes a Brazilian economist on the dilemna facing the US:

….As the US becomes a declining share of the globalized world, the costs of imposing stability (and I have no illusions that this is done for charity) rise, and its share of the benefits decline.

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US & Canada

Liquidity Mismatch Helps Predict Bank Failure and Distress

Liquidity mismatch compares the saleability (liquidity) of a bank’s assets to the stability of its funding. Assets such as cash and Treasury bonds are highly saleable and one can expect a ready market even in times of crisis. 707 more words

US & Canada

T-Bonds Burn, RBA Minutes Next

From Adam Button on AshrafLaidi.com:

…..The direction of the bond market in recent weeks has been a major driver but what was notable on Monday was the divergence.

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US & Canada