UK’s Cameron needs to take a lesson from The Gambler
Lissen up, David: Click here! And listen especially hard when Kenny Rogers has this to say: And the night got deathly quiet, and his face lost all expression.Said, “If you’re…
Lissen up, David: Click here! And listen especially hard when Kenny Rogers has this to say: And the night got deathly quiet, and his face lost all expression.Said, “If you’re…
Chancellor Merkel’s glacial crawl towards the creation of an all-powerful EuroCop with powers to veto the budgets of Eurozone nations is beginning to make Prime Minister Cameron a bit nervous.…
The figures seem to show it would, according to Landon Thomas in The New York Times: This Lady ain’t for stampeding … Bernard Connolly, a longtime critic of European policies,…
Finally, someone is paying attention to one of the main problems of the 2008 financial meltdown: the rating agencies. Asleep at the switch, these agencies were caught napping when a…
David Cameron wants a pound of flesh in return for the UK agreeing to changes to the EU Treaty to bring on closer fiscal union in the Eurozone. Pushed by…
The Financial Times has a very good article, which states Chancellor Merkel’s position on the ‘eurozone crisis’ very clearly: It needs a better disciplined, closer fiscal union with penalities for…
David Cameron rubbed his hands in glee a few weeks ago when Angela Merkel insisted that the European Union treaty be amended as part of her agreement to save weaker…
Gavin Hewitt, the Europe Editor of the BBC News, has written an incisive article today about what is at stake with the Greek Prime Minister's call for a referendum on…
1. Just wondering. If the Greek people are being asked to make extraordinary sacrifices to resolve a crisis largely not of their own making (see here, for example, on the…
An epic struggle for the future of the EU was started this morning when a Greek politician threw down the gauntlet, challenging both those within his country who opposed his…
We've just seen a case of trickle down kicking taking place in the EU. Sarkozy wanted to use the European Central Bank to bail out the banks, but Merkel quickly…
Anyone wanting to know how to deal with the banks should not look to President Obama but to Chancellor Angela Merkel of Germany. Deep Throat in BrusselsDeep Throat has it…
To some, the Eurozone crisis has all the hallmarks of a train crash. These onlookers are only partly right.The Eurozone crisis is a slow motion train wreck, with the speed…
Harper's new Tories finance minister todaywent on record to spur on steps to combat the sovereign debt crisis. Consider his words:Finance Minister Jim Flaherty on Sunday repeated his calls for…
Gavin HewittWith the Eurozone being walloped yet again with rating agencies downrating EU bank debt, with politicians all over the map, and the UK's David Cameron trying desperately not to…
lobbyplanet.jpeg THE maxim of the lobbyist is generally to be heard but not seen, although a new report on the concentration of lobbying in Brussels suggests you'd be hard pressed…
Here's one politician who – rather belatedly – has managed to frame the issue in a way which will make it difficult for Germany to say No. He has shifted…
During the nineties, the predominant form of economic crisis that could hit a nation was the currency crisis whereby the value of a countries currency drops precipitously. Most infamously was…
The European Union is a loose confederation of widely divergent nation states, with the weaker ones suffering from the consequences of a worldwide recession, living beyond their needs, and financial…
What a frigging disaster. Back in 2008, the US Federal Reserve let the Lehman Brothers investment bank - which held more than a bellyful of toxic debt, go to the…