Europe

Now that Standard & Poor’s has, not surprisingly, downgraded the debt held by the EFSF, I thought that it is quite timely to look at ……Read More

The British Education Minister, Michael Gove has proposed within a leaked letter that the Queen deserves to be given a new Royal Yacht to mark ……Read More

It seems that over the past few months, market sentiment around the world changes on a daily (or semi-daily) basis depending on what has happened ……Read More

Back in September 2011, I took a look at the growing balance of reverse repurchase agreements (RRAs) on the books of the Federal Reserve.  In light ……Read More

The implosion of the USSR in December 1991 produced massive economic “collateral damage” in its East European allies, as they simultaneously sought both to assert ……Read More

U.K. Deputy Prime Minister, Nick Clegg promises to tackle the tax dodging by the rich through introducing new rules in the Budget 2012. Mr. Clegg ……Read More