Recent Posts

Swedish oppn leader calls for quick resolution

Bloomberg Swedish opposition leader Ulf Kristersson, the man most likely to be asked to form a new government after Stefan Lofven’s second defeat in parliament, is calling for a quick resolution to the country’s political stalemate, warning that the chances of a snap election are now rising. “Ultimately, we are heading at quite a high speed toward a new election,” ...

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The Fed’s latest worry

Pay attention to the financial markets. If the Great Recession and 2008-09 financial crisis taught us anything, that was it. Until then, the Federal Reserve had focused mainly on fighting inflation and unemployment. What we learned is that overborrowing, shaky mortgages and inflated stock and home prices could also plunge the economy into crisis. Predictably, then, economists and business executives ...

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Ending Greece’s banking nightmare

If a country has a problem with its banks, the thing to do is to come up with a strategy and execute it swiftly. The trouble with Greece is that it has too many plans – and is taking too long to choose between them. The Greek banking system is saddled with a very large number of non-performing loans, a ...

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