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Washington May Be Getting Wrong Idea From Europe’s Austerity Revolt

Europe is undergoing a massive political upheaval. You may have noticed. Caught in the wake of deep recession, painfully high unemployment, bank failures, and growing demands for fiscal austerity by the bond markets, governments across the continent are collapsing. In November, voters in Spain dumped a Socialist government for the conservatives. Last weekend in France, [...]
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Hong Kong shares surge

Business & Finance : Business Report (4 hours ago)

Hong Kong shares rose sharply after China's central bank caught markets off-guard. ||| Shanghai - Hong Kong shares rose sharply on Monday after China's central bank caught markets off-guard by cutting benchmark lending rates on Frid... Read Post

Global Stocks Grind Higher After Central Bank Stimulus Signals

Business & Finance : Business Insider: Clusterstock (4 hours ago)

By Patrick Graham LONDON (Reuters) - World stock markets ground their way higher on Monday after a frenetic round of activity at central banks in Asia and Europe showed they are willing to do more to support economic growth and high... Read Post

The Politics of Austerity

Business & Finance / Taxes : TaxVox (3 years ago)

Europe is undergoing a massive political upheaval. You may have noticed. Caught in the wake of deep recession, painfully high unemployment, bank failures, and growing demands for fiscal austerity by the bond markets, governments acr... Read Post


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