The euro dropped below $1.25 for the first time in 14 months. It may have happened because Paul Volcker said that “You have the great problem of a potential disintegration of the euro.” according...
Greece will have to raise 12 billion euros in the next two months to relieve its sovereign debt obligations and cover deficits. That is a relatively small part of the 54 billion euros it will need...
The United States is experiencing a nursing shortage – and with health care workers facing burnout due to staffing issues that arose during the pandemic, the situation is getting worse....
Source: ThinkstockMore depressing news out of Europe:The number of persons employed decreased by 0.5% in the euro area (EA17) and by 0.2% in the EU27 in the first quarter of 2013 compared with the...
Source: thinkstockThere is an ongoing theme in Greece. The theme is one where it is going to exit or be forced out of the Euro, only to be saved yet again at the eleventh hour. While everyone in...
A number of media outlets have pointed out that the euro was slaughtered earlier today when a minor Chinese official said that the sovereign debt probably will become a plague which will reach beyond...
Robert De Niro, now 78 years old, is among America’s greatest actors. He has won two Academy Awards. He has been nominated for eight. Some of his nine movies with director Martin Scorsese are...
In a time of true crisis, like the coronavirus pandemic, we find out who are the real heroes and absolute essential workers among us. They are, first and foremost, health care workers — many of...
A senior economist at Citigroup, Willem Buiter, wrote a report in which he argues that there is a 90% chance that Greece will leave the eurozone over the next year to year-and-a-half. Among his...
For those of  us who spent Sunday doing something other than reading financial news, German magazine Der Spiegel ran an unsourced story claiming that the European Central Bank (ECB) planned to...
By Yaser Anwar, CSC of Equity Investment Ideas To be successful at trading one has to understanding the inter-market relationships that occur across all trading instruments, from FX to Derivatives to...
Source: ThinkstockIf you have watched the U.S. stock market rally in 2013, you might think that all the austerity and budget woes in Europe have passed. It turns out that Europeans themselves do not...
Source: nationsonline.orgProblems in Spain and Greece have gotten bad enough that the balance of Europe’s finances have already been dragged into the growing hole. Recent economic data from Germany...
There is no economic recovery underway in Europe, which is not much of a surprise to anyone who has watched attempts to restart growth there. The unemployment level in the Euro zone area was 10% in...
Dutch paper Het Financieele Dagblad (via CNBC) has reported that the International Monetary Fund and European Union are in negotiations with Spain over a bailout that could be as large as 300...