Hard hitting global and local news
See the article here: Is China Burning? Shanghai Stock Index Breaks 2000 For First Time Since 2009; Reflections on Sentiment
And so it is … Smith Barney Officially Bites the Dust Morgan Stanley announced today that it has renamed its U.S.
Read the original post: Bernanke Declares War on Canadian Economy (Rest of the World Too)
View original post here: Proposal to Leverage ESM to 2 Trillion Euros; Is Merkel’s Rubber Stamp Ready?
While the bickering between France, Germany, and the Troika continues, Greece grapples with shadow of Golden Dawn Golden Dawn, which won 7 per cent of the vote in June’s election and entered parliament for the first time, is on a roll, pulling established parties to the right – including Corinth’s socialists. Polls suggest the party has gained ground since the election as anxiety deepens over a possible Greek expulsion from the euro. A poll this week showed a near doubling in the number of people expressing “positive opinions†about Golden Dawn, up from 12 per cent in May to 22 per cent now.
See the original post: Fair Trade is Unfair; In Praise of Cheap Labor; Are Bad Jobs at Bad Wages Better…
Does Mitt Romney really "Know Better" than the silly things he has said on the campaign trail lately? I ask the question because that subject came up twice recently, once in Time Magazine , and once in the Financial Times .
Read the original: Greek Bailout on Hold Again, Is Obama Partly to Blame? IMF Economic Hit Man Hypocrisy
The Telegraph headline IMF chief Christine Lagarde says US needs to rein in its banks is the illusion that briefly (very briefly) led me astray.