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“The world stands on the brink of a double-dip recession and a ‘lost decade’ for many countries,” according to a year-end policy brief by the UN Conference on Trade and Development (UNCTAD). The report noted ...
The bleak choice was offered in an interview with a leading German newspaper by former Foreign Affairs Minister and Vice Chancellor, Joschka Fischer, who told the leading German newspaper Die Zeit that the EU has ...
Global Journal: What is the main concern of the Chinese monetary policy makers today? Dr Li Daokui: The main challenge to monetary policy makers in China is to strike a balance between controlling China’s ...
China may have a convertible currency by 2015 according to reports in the state-run press and comments made to European Union officials in Beijing. If it happens, it would mean that the yuan would become ...
Against all odds, German Chancellor Angela Merkel secured an 11th hour bailout for Greece on July 21st to avoid a sovereign debt crisis that threatens to repeat itself in Italy and Spain and perhaps undermine ...
The latest bailout program to avoid a sovereign debt crisis in Greece might actually work, according to a report by the Paris-based OECD (Organization of Economic Cooperation & Development) which groups the world’s more developed ...
Germany is experiencing some difficult moments with the euro. Not only has the quality of its products created the best trade surplus, neck and neck with China, but it must also cope with a single ...
A giant of European integration, France’s Jacques Delors, who headed the European Commission between 1985-94 and is considered the founding father of the euro as a single currency for Europe, is not impressed by ...
Europe has reacted coolly to the demand (August 27) by International Monetary Fund’s new chief, Christine Lagarde, for Europe to inject more money into its capital-starved banks. In a speech to central bankers meeting ...
The most important European project since World War II David Marsh, one of the most prolific financial journalists in the UK returns to update his account of the European currency. First published in 2009, The ...
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