europe debt crisis
If you want a good way to gauge how an economy is really doing, look at the retailers working in it, what they’re selling
There already are two currencies: the "Lutheran Euro," characterized by countries that are based on Protestant work ethic, discipline and thrift. Then there is the "Latin Euro," where style is often more important than substance. The euro crisis is this: The "Lutherans" are balking at bailing out the "Latins."
Given the European Union's occasionally expressed but steady desire to define their role in the world apart from the United States, and given the eurozone's relative weakness right now, a close relationship with China may be seen as the only non-U.S. alternative for them to pursue.
By Tom Miles GENEVA (Reuters) - The pursuit of austerity measures and deficit cuts is pushing the world economy toward disaster
World markets have entered a "new danger zone", the president of the World Bank has warned. Robert Zoellick said investors
If the mortgage meltdown that nearly laid waste to the global economy a few years ago taught us anything, it's that you should