With unemployment rates running at all-time record highs across the peripheral European nations and the rise of nationalist (some might say extremist) parties, it remains somewhat surprising that there has not been greater social unrest (yet). Show More Summary
Ryan Avent watches Karl Smith remind Tyler Cowen that people respond to market prices, and piles on himself: >The euro crisis: Der Elefant im Raum: TYLER COWEN writes on the euro-zone economy: >>Would the new helicopter drop money be...Show More Summary
By AlphaVN Research: The fundamental story surrounding th e eurozone reflects a region where countries are either falling into recession or already there. GDP data released last week showed France and Italy continuing to contract and Germany on the brink of negative growth. Show More Summary
By Sean Bellamy McNulty: The SPRD Euro Stoxx 50 (FEZ) and the Euro (FXE) began to decouple at the beginning of May. (click to enlarge) This is a significant break from the past, with the 3 week daily correlation at a 4 year low of -0.5092. (click...Show More Summary
The Local, a website with German news in English reports Economists warn against German euro exit. “Even a believable rumour that Germany would exit the euro would result in a massive capital flight from the countries of southern Europe...Show More Summary
Many travelers are familiar with currency exchange rates and how that translates from dollar to yen, euro, or peso. But there's another metric that puts the relative strength of the dollar in perspective: purchasing-power parity. InShow More Summary
By Jay Norris: The key to staying on the right side of the market is in knowing how to collate the different tradable patterns in that market. Contrary to what many educators teach it is not "top-down analysis" which counts, but identifying...Show More Summary
David Cameron has been dragged deeper into the 'swivel-eyed loon' row engulfing his party – after it was claimed that he used the insult himself to deride Euro rebels.Tory Chairman Lord Feldman, a key member of the Prime Minister's inner...Show More Summary
LONDON (Reuters) - The single biggest risk to Britain's nascent economic recovery is continued eurozone weakness, the Bank of England's outgoing governor Mervyn King said in a television interview on Sunday.
Critics ridiculed European Union bureaucrats on Saturday for taking time off fighting the euro zone's debt crisis to impose strict new rules on how restaurants serve olive oil.From January 1, 2014, eateries will be banned from serving...Show More Summary
Many travelers are familiar with currency exchange rates and how that translates from dollar to yen, euro, or peso. But there's another metric that puts the relative strength of the dollar in perspective: purchasing-power parity. In...Show More Summary
BERLIN — Justin Bieber will face a bill for thousands of euros (dollars) for his pet monkey’s two-month stay at an animal shelter since it was seized by German customs, officials said Friday as a deadline expired for him to reclaim the animal. Show More Summary
Spain could be downgraded later this year, some analysts believe.
I never thought a truck-driving simulator could be fun, but Euro Truck Simulator 2 proved me wrong. There is something soothing in watching the world go by from the high and mighty cockpit of a Volvo FH16 Globetrotter XL. If you are used to more traditional racing games, getting used to the way trucks handle in the game may take some time. Show More Summary
ByRichard Cox: Euro bears continue to see mounting evidence supporting their positions, with the latest example coming with this week's release of GDP data. On a quarterly basis, total output figures in the eurozone fell by -0.2% (slightly worse than the -0.1% decline that was expected by analysts). Show More Summary
The European Commission issued the gloomy predictions Friday in a 237-page assessment of Greece's bailout agreement, as the country formally received its latest emergency loan payout, worth 4.2 billion euros ($5.4 billion).
France’s president has outlined a two-year plan to give the euro zone a centralised “economic government”. Addressing a key German concern, Hollande seems ready to agree sovereignty transfers to make it more than a coordinating body. The proposal may be premature. But it has legs.
By Dean Popplewell: It seems that every time that capital markets start to feel optimistic this so-called U.S. recovery disappoints. Yesterday’s disappointing U.S. data (weekly claims, Philly Fed and housing starts) are renewing the debate over whether tapering Fed bond buying in the second half of this year would be premature. Show More Summary
The Eurozone still faces a gigantic economic crisis, but the decline in Greek bond yields should serve as a clear indicator that the acute sovereign debt/financial crisis part of this is over. Katie Martin at WSJ has a great post upShow More Summary
Evening Headlin es Bloomb er g: Vanishing Risk Penalty Alarms Peripheral Investors: Euro Credit. The penalty that companies from Europe's most indebted nations pay to borrow has shrunk o near the least in three years, alarming investors who are concerned hat the region's financial crisis is far from over. Show More Summary