LONDON MARKET CLOSE: Weak US GDP Dents Fed Rate Hike Prospects LONDON (Alliance News) – An underwhelming first quarter US gross domestic product print helped UK stocks erase some of their earlie...Read More
World View: EU Migrant Crisis Moves to Italy as Austria Begins Closing Border The European Commission (EC) on Tuesday asked the Council of Ministers and the European Parliament to consider imposing tr...Read More
Banks Bloated on Sovereign Debt Weaken Italy in Row With Germany The problem in Berlin is that it highlights Europe’s “doom loop,” the too-tight connection between sovereigns and their lende...Read More
Greece crisis timeline: the weekend that rocked the eurozone Greece and its creditors have been locked in talks for the last five months and need to agree on reforms so that the latest chunk of bailou...Read More
South Africa: A Letter From Zimbabwe After the Rand Fell The rand was in free-fall after the axing of Nhlanhla Nene, former finance minister, and although it’s now in recovery the impact is stil...Read More
Fear and Loaning: Investors Are Running From Junk Bonds Investors are rushing out of junk bonds, spooked by the closure of a mutual fund, in December 2015, that focused on some of the lowest-quality, ...Read More
The European Disunion When the euro was adopted, in 1999, many voiced concerns that the monetary union would prevent countries from responding properly to financial crises because they were forfeiting...Read More
This is just the beginning of a European crisis Now, perhaps more than ever, many people think that the euro area is a star-crossed creature of a continent in search of an elusive peace and unity. I a...Read More
Stress test methodology to be applied across EU in 2016 Following the banking crisis in Greece, Cyprus, Portugal, Spain and Ireland, the European Central Bank (ECB) has adopted the approach of direct ...Read More
How Europe's Refugee Crisis Threatens to Reignite Its Debt Crunch Remember, Europe's debt crisis has waxed and waned in response to electoral developments (the rise of the leftist Syriza party...Read More