September 2, 2014
France Needs a "Thatcher Moment" But First a Depression
View article: France Needs a "Thatcher Moment" But First a Depression
Hard hitting global and local news
Hard hitting global and local news
View article: France Needs a "Thatcher Moment" But First a Depression
See more here: Black Sea Oil Claims Before and After Russia Annexed Crimea
Taken from: Japanese Household Spending Slumps 5.9%; Cries for More Monetary Stimulus
More: Jane’s Defense Caught With Pants Down: Ukraine Admits Rebel Counteroffensive, Including March to the Sea
IMF chief Christine Lagarde Under Formal Investigation in French fraud case.
More: Trapped in Venezuela: Looking to Get Out? Good Luck!
On Sunday, I reported Rebels Launch Counteroffensive: 4,000 Ukrainian Forces Trapped . That may have been an understatement.
Read the article: Japan PMI "Strongest Since March": Does That Mean "Strong"?
Read More: China Manufacturing PMI Treads Water
With that backdrop it will be easier to understand today’s Bloomberg report Argentina’s Bonds Decline on Plan to Offer Local-Law Swap . Argentina’s bonds sank to a two-month low after the government said it plans to pay foreign-currency notes locally to sidestep a U.S. court ruling that blocked payments and caused its second default in 13 years.