Recent Posts

Boris Johnson is getting a free pass on Brexit

To understand what’s so very odd about this British election campaign, it’s worth recalling where we were a month ago in the Brexit saga. Prime Minister Boris Johnson had returned from Brussels triumphant with a new withdrawal deal. All he needed was Parliament to give its okay — the same Parliament that had rejected his predecessor Theresa May’s deal three ...

Read More »

Italy plays a risky game with euro

Germany has long stood accused of being the main obstacle on the road to complete Europe’s monetary union. Yet, after a constructive proposal from Finance Minister Olaf Scholz over the creation of some form of joint deposit insurance, it is hard to treat Berlin as the grudger-in-chief of the euro region. In fact, Italy could soon become a bigger hurdle ...

Read More »

General Motors declaring corporate war on Chrysler

The racketeering lawsuit brought by General Motors Co. against cross-town rival Fiat Chrysler Automobiles NV is a legal bombshell for the US car industry. GM’s broadside lays out in forensic detail how Fiat allegedly conspired over many years to funnel payments to United Auto Workers’ officials, corrupt the collective bargaining process on wages and thus secure a competitive advantage. In ...

Read More »
Send this to a friend