Everyone agrees to put an end to legal discriminations. However, some Europeans accuse others of wanting on the contrary to create some. This is the case of Brussels against Hungary. But on closer inspection, this […]
by Tyler Durden It has already been an abysmal day for Germany’s biggest lender: overnight Deutsche Bank plunged to fresh all time lows on speculation whether the German government would or wouldn’t provide state aid […]
by Tyler Durden Submitted by Soeren Kern via The Gatestone Institute, A move by Italy — the third-largest economy in the eurozone — to abandon the euro could strike a potentially fatal blow to […]
by Tyler Durden With global developed market bond yields crashing to record lows and almost $10 trillion of negative-yielding debtworldwide, it is no surprise that money managers are concerned that “it’s starting to feel like […]
by Tyler Durden The big guns are officially out. Just yesterday, we recounted the story of “Black Wednesday” when on September 16, 1992, the UK was forced out of the EU’s exchange-rate mechanism, or ERM, […]
by Tyler Durden German, Japanese, and British bond yields are plumbing historic depths as low growth outlooks combined with event risk concerns (Brexit, elections, etc.) have sent investors scurrying for safe-havens (away from US Biotechs). […]
by Tyler Durden “It cannot be that in the Europe of 2015 people are left to fend for themselves, sleeping in fields.” That’s a quote from European Commission President Jean-Claude Juncker and he’s referring to […]
By Michael Snyder Are they expecting something to happen? As you will read about below, the European Union says that any nation within the EU that does not enact “bail-in” legislation within the next two […]
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