Tagged with: debt crises
suhasinisakhare.com
The Oldham East & Saddleworth by-election in England is on today. Voting is finished, they're in the counting phase now, with results expected soon . By all reckoning, Labour have won. Despite the Tories having abdicated in favor of the Lib Dems, the latter look to have come a dismal second. These by-elections are interesting not in the least because they will point the way to the outcome of the...
suhasinisakhare.com
27 EU leaders, including heads of State from France, Germany and the UK, met in Brussels on December 16. They put into place a permanent mechanism for dealing with crises that threatened the stability of the Euro Zone. They also called for measures which would reduce the gap between the economic performance of a Germany and an Ireland. Check out a dead useful graphic the BBC have put together, sh...
suhasinisakhare.com
We now know, that America will not adopt structural reform to reduce its trade deficit, but would focus on recreational devaluation through monetary policy tools like QE. We now know, that China cannot, should not and will not appreciate its currency to de-outsourcing to happen. Without structural reform, without de-outsourcing, America is stuck. The main question before it - How to increase expo...
suhasinisakhare.com
Yesterday, the Telegraph reported that Ireland's beleagured Finance Minister was heckled on an audio call by London City traders, even as he tried to calm fears about the Irish economy . Today, the BBC reports that during his visit to Greece, the Chinese premier, Wen Jiabao has promised support for both the Euro and European bonds . So, what does China know that the City doesn't? Probably, a bett...
1 year ago
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