Recent Posts

Europe’s bailout savior is losing the investor argument

  Europe’s tale of two rescue funds is morphing into a worrying saga. The outlook for the region’s original crisis bailout vehicle, the European Financial Stability Fund (EFSF), to raise sufficient long-term funds to do its job is getting trickier. Despite last week being a pretty decent one for bond issuance, the EFSF stayed on the sidelines. Meanwhile, its more-popular ...

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A very dangerous WikiLeak

  Over the last decade, WikiLeaks has heedlessly published sensitive diplomatic cables, classified military files, secret trade documents and politically explosive emails. Last week, it dumped thousands of new files it says are from the Central Intelligence Agency. If authentic, as seems likely, it may prove the most destructive disclosure yet. Most of the new material relates to tools used ...

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Brexit: Millions of migrants left in limbo

  UK Parliament gave Prime Minister Theresa May the power to trigger Article 50, a formal process to withdraw from European Union. She is expected to send the letter to begin the process by the end of March. European Union Bill reached UK Parliament to be discussed after House of Commons and House of Lords battled over the bill’s contents, ...

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