International

Thursday, May 6th, 2010
"The world economy is continually changing, but one constant is dissatisfaction with the euro. Toward the beginning of the decade, the main complaint was that the euro was too weak for booming economies like Ireland.
Wednesday, May 5th, 2010
"On Loyalty Day, October 17, 1951, Evita declared, “I ask you today, comrades, only one thing — that we will all swear publicly to defend Perón and fight to the death.” She died in 1952 of cervical cancer, and to this day people leave flowers at her family vault in Buenos Aires.
Friday, April 30th, 2010
"The rescue package requested by Greece will, if endorsed, buy the eurozone six months, perhaps a year at most. By then, the Greek government will have exhausted the aid and be forced to ask for more or to borrow at astronomical rates.
Wednesday, April 28th, 2010
"All too often in the midst of an economic and financial crisis, policymakers either engage in denial or else take flights into fantasy. Sadly, the present Greek crisis is proving to be no exception.
Friday, April 23rd, 2010
"Prime Minister George Papandreou said Friday that 'the time has come' for Greece to request aid under a joint European-International Monetary Fund bailout mechanism following months of turmoil in Greek financial markets.
Friday, April 23rd, 2010
Reining in China's investment boom will be hard. The Chinese authorities are damned if they do and damned if they don't.
Thursday, April 22nd, 2010
Economic reform requires political reform. China’s leaders must loosen control if they want harmony.
Wednesday, April 21st, 2010
"The euro is slumping against the dollar Wednesday morning as Greek bond prices tumble and their yields surge higher against their German counterparts.
Thursday, April 8th, 2010
"Inflation is a sustained increase in the aggregate price level. Hyperinflation is very high inflation. Although the threshold is arbitrary, economists generally reserve the term 'hyperinflation' to describe episodes when the monthly inflation rate is greater than 50 percent.
Wednesday, March 31st, 2010
"The unemployment rate in the euro area inched up to touch double digits in February, while inflation accelerated more than economists had forecast, probably a result of higher food and oil prices, according to data released Wednesday.
Tuesday, March 30th, 2010
"Chinese economists and business leaders have begun to call openly for their government to allow the yuan to appreciate against the dollar, in a sign that the issue is contentious here, too, and not just a problem between the United States and China.
Friday, March 19th, 2010
 The creation of the euro was either the greatest historic achievement of the last century—or its worst delusion.
Tuesday, March 2nd, 2010
"By Shih’s count, China’s debt may reach 39.838 trillion yuan ($5.8 trillion) next year. His forecast for debt-to-GDP compares with an International Monetary Fund estimate for China of 22 percent this year, which excludes local-government liabilities. The IMF sees Spain at 69.6 percent, the U.S.
Monday, March 1st, 2010
"I've been doing a little reading this morning about the Greek crisis and related problems in Europe.
Wednesday, February 24th, 2010
"Fitch Ratings, citing concerns about Greek banks' funding costs and profitability, downgraded the country's four major banks to triple-B, or two notches above "junk" status. Fitch characterized its outlook for Greek banks as 'negative'...
Friday, February 19th, 2010
"Inflation targeting has become a favored policy among many central banks world-wide, but the BOJ has resisted it, fearing Japan's strong downward bias in prices would prevent the bank from ever raising interest rates. Instead it has relied on a softer price guidance in determining policy.
Thursday, February 18th, 2010
"The mounting political tension between U.S. and China is poised to take on a more pronounced economic component—with Washington, in coming months, expected to press China over what officials see as an undervalued yuan.
Wednesday, February 17th, 2010
"Inflation in the U.K. hit 3.5% annually in January, a level that required central banker Mervyn King to write a letter of explanation to the Treasury. Mr. King lays the blame for the price uptick largely at the feet of idiosyncratic factors. These include the Jan.
Wednesday, February 17th, 2010
"China sees a clear link between America's ability to stand up for human rights and its economic interests—and Beijing isn't afraid to exploit it. Mr. Weiqun was bluntly reminding the U.S.
Monday, February 8th, 2010
"After a month of wrangling, Argentine President Cristina Kirchner succeeded in sacking central bank President Martin Redrado last week.

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