Turkey vs Hungary - Financial Times

The Turkey-versus-Hungary comparison is perhaps the starkest example of the macroeconomic contrasts within the EEMEA region and also of the different policy responses of the respective central banks, writes Christian Keller of Barclays Capital.

 

Financial Times blogs, 24 August, 2011

Strength of Swiss Franc Roils Saint-Tropez and Other Cities Across Europe - WSJ

Like Saint-Tropez, many municipalities across Europe are saddled with loans carrying variable interest rates pegged to fluctuations in the Swiss franc, other foreign currencies or various commodity prices. Jittery investors have been turning en masse to the Swiss franc and other assets deemed as safe havens amid growing concerns over sputtering economic growth in the U.S. and Europe. The Swiss National Bank has battled to lower what it describes as a "massively overvalued" franc in recent weeks, flooding the Swiss franc market with liquidity and cutting interest rates to zero.

Life after Debt - Foreign Policy

There are two big reasons to think austerity will not work in 2011 the way it did in 1919 and 1945, writes James Macdonald in Foreign Policy. Foreign Policy, 18 August, 2011

Soros: 'You Need This Dirty Word, Euro Bonds'

In a SPIEGEL interview, billionaire investor George Soros criticizes Germany's lack of leadership in the euro zone, arguing that Berlin must dictate to Europe the solution to the currency crisis. He also argues in favor of the creation of euro bonds as a way out of the turbulence. Spiegel Online, 15 August, 2011

Three Cheers for Decline - Foreign Policy

As the U.S. bond rating falls and the stock market plunges, the American Century looks to be well and truly over. While this has provoked no small amount of hand-wringing, Americans may soon come to enjoy no longer bearing the responsibility for running the world's indispensable nation. Three Cheers for Decline - by Charles Kenny Foreign Policy August 9, 2011

Pages

Subscribe to Pénzügykutató Zrt. RSS