It’s comically ironic. France has now recalled its ambassador from Rome in a mounting row over Italy’s alleged “interference” in French internal political affairs. This is at the same that France and other European states […]
May 31, 2018 CARMEN M. REINHART Severe political uncertainty, chronic slow growth, and a sovereign-debt level currently hovering around 160% of GDP already is enough for Italy to trigger a debt crisis. And there is no […]
by Tyler Durden There was a time when even the merest hint of a breakup of the Eurozone was considered a taboo topic in Europe. Who can forget Mario Draghi’s response to a question from […]
by Tyler Durden Submitted by John Mauldin via MauldinEconomics.com, When Charles Gave, paterfamilias of Gavekal, chooses to express displeasure over an economic trend, an asset class, or what have you, he does not exactly mince […]
by Tyler Durden On Sunday, when we previewed the latest last-ditch effort to rescue Italy’s third largest bank when Monte Paschi launched a 4-day attempt to sell €5 billion in equity to anchor and retail […]
by Tyler Durden As part of its periodic report on “Society at a Glance” which looks at how youth across member states are faring in terms of several social indicators, such as employment, poverty, marriage […]
by Tyler Durden Submitted by Brandon Smith via Alt-Market.com, The investment world has an embarrassingly short attention span. But frankly, it is a necessity. If daytraders, hedge funds and other horses in the carousel actually […]
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 In early August, we reported that in the latest effort to spend the US defense budget the Pentagon was preparing to upgrade the US nuclear bomb arsenal, at a cost that had […]
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 […]
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