I have been enjoying myself in the Austrian Alpes last week and hence the lower output. Here is my look though, of a number of notable news stories and contributions.
Benoît Cœuré, Member of the Executive Board of the ECB has penned a speech (and argument) on global (excess) liquidity. Izabella likes it and I agree with her that it is a good piece. I am not sure though that it is that much different than the Savings Glut argument put forward by Bernanke, but I may be missing the fine print (i.
From Ananova: Cash strapped Alpine farmers are raking in a fortune harvesting snow and selling it to desperate ski slopes. Despite a freezing winter, snowfall levels at lower altitudes are down and Austrian resorts have had to buy i... Read Post
Everyone we've talked to seems genuinely shocked by the departure of one of SAP's brightest stars, Vishal Sikka, the company's executive board member for products and innovation. Why did he leave? Two things were going on, sources t... Read Post