Customers of Spanish banks still have reason to worry about the solvency of their banks — and their country — making it reasonable for them…
FRANKFURT — Unemployment in the euro zone rose to a new high in March, according to figures released Wednesday which come a few days before…
Only six national pension systems earned a ‘B’ grade on Mercer’s 2011 global index, which was given to systems with “sound structure” and “room for improvement.”
The best systems are in the Netherlands, Switzerland, Sweden, Australia, Canada and the …
All major economies headed for slowdowns: OECD
Reuters – 2 hours 40 minutes ago
PARIS (Reuters) – None of the world’s major economies will escape a slowdown, the Organization for Economic Co-operation and Development said on Monday, highlighting in…
http://news.yahoo.com/gop-rivals-debate-foreign-policy-south-carolina-172250254.
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Southern Europe has a very long tradition of folks simply not paying their taxes. Evading taxes is a national sport in Italy in particular. Pretty much the same for Greece, Spain, and Portugal. So, it does not matter much what plan is agreed to….it d…
BOSTON, Oct 27, 2011 (BUSINESS WIRE) — According to the latest research from Strategy Analytics, global smartphone shipments grew 44 percent annually to reach a record 117 million units in the third quarter of 2011. Samsung overtook Apple to claim top…
SOROS: Eurozone Crisis Could Be Worse Than Lehman
Gus Lubin | Sep. 7, 2011, 5:29 AM | 4,148 | 8
Legendary investor George Soros says the lack of central European authority could make this crisis worse than 2008. He tells the New York Times:
“This…
Here are the opening and closing paragraphs of this piece from The Automatic Earth blog…
The first paragraph:
Our most consistent theme here at The Automatic Earth has been the developing deflationary environment and the knock-on effects that wil…
Global defense expenditure was estimated to have been up 1.3% to $1,630 billion in 2010, according to the Stockholm International Peace Research Institute (SIPRI).
The U.S. now accounts for 43% of global defense spending, but in Europe military spen…
