Tag: global-economic

Hollande Pleads for Creation of Eurozone Government; United States of Europe?
July 20, 2015 0

Hollande Pleads for Creation of Eurozone Government; United States of Europe?

By News Desk

As if there is not too much government and too many meetings already, Hollande Calls for the Creation of a Euro Zone Government . French President Francois Hollande called on Sunday for the creation of a euro zone government and for citizens to renew their faith in the European project, which has been weakened by the Greek crisis. Reviving an idea originally put forward by former European Commission chief Jacques Delors, Hollande proposed " a government of the euro zone (with) a specific budget as well as a parliament to ensure its democratic control "

Bailout Fallout: Juncker Lies to Cameron in Revival of ESM; British Taxpayers Protected in Final Deal
July 16, 2015 0

Bailout Fallout: Juncker Lies to Cameron in Revival of ESM; British Taxpayers Protected in Final Deal

By News Desk

Bailout Fallout: Juncker Lies to Cameron in Revival of ESM; British Taxpayers Protected in Final Deal In 2010, Jean-Claude Juncker, current European Commissioner president, made a pledge to UK Prime minister David Cameron, to never again use the ESM to bail out another eurozone country. Cameron’s concern was that he did not want to put British taxpayers at risk for eurozone sponsored bailouts.

Deflationary Pressures Unabated; Another One-Hit Wonder; Transitory Tales
July 14, 2015 0

Deflationary Pressures Unabated; Another One-Hit Wonder; Transitory Tales

By News Desk

Deflationary Pressures Unabated; Another One-Hit Wonder; Transitory Tales Another One-Hit Wonder In spite of counterproductive attempts by the Fed and Central Banks to foster price inflation, debt overhang has stymied those efforts, at least in regards to consumer prices and import/export prices. Last month, following a surge in gasoline prices, import and export prices did rise a bit, but as with retail sales, the import/export price report was another "one-hit wonder"