Deutsche Bank, long coddled by the German government, is mired in “matters” from Libor rate-rigging to carbon-trading tax-fraud. Now a new “matter” seeped out: the bank had known for years about the impact of commodities specula…
All hopes rest on Germany: its vibrant economy teeming with globalized, ultra-competitive, export-focused companies would drag France and other Eurozone countries out of their economic…
“I’m sitting on cash,” Felix Zulauf said when he was asked in an interview where he was putting his money. With decades of asset management experience under his belt, he’d founded Zulauf Asset Management in Switzerland in 1990. …
“Preventing future acts of terrorism” is the most critical foreign-policy goal for Americans. Next: proliferation of nuclear weapons, energy supply, trade policies, etc. Fighting off Soviet tanks rumbling towards Frankfurt didn’t make…
France is in upheaval. Arguments erupt live on TV, demonstrations block the streets, strikes shut down plants, and threats of mayhem are part of the show. The problem: an economy where businesses are suffocating under an obese public sector. Ever large…
The announcement couldn’t have been more glorious in crisis-struck Italy: Ferrari booked records sales and profits in 2012. Dazzling in every aspect. Not a single cloud darkened the horizon. Except in Italy where sales collapsed. And in the rest …
Last year, the government extracted $1.1 trillion in taxes from us more or less hardworking individual taxpayers. But now it will pay, along with the states, $429…
Spain just can’t catch a break—a horrid economy with dizzying unemployment, a prime minister and ruling party tarred by corruption, collapsing banks…. Now a political espionage scandal blew up, scattering debris and money laundering …
Russia’s booming underground economy and “endemic corruption” with its dizzying flows of illicit money, fed largely by oil and gas, is at the core of…
We’ve had an endless series of products whose ingredients have been cheapened in order to maintain the price. Consumers won’t be able to taste the difference, the theory goes. So, as the horse-meat lasagna scandal in Europe is spiraling bea…
