Tag: march

Fed Sheds No Light, Plays Charades with Media; Tiptoe Balancing Act
July 29, 2015 0

Fed Sheds No Light, Plays Charades with Media; Tiptoe Balancing Act

By News Desk

Fed Sheds No Light, Plays Charades with Media; Tiptoe Balancing Act Fed Says Little, Sheds No Light If the Fed had a clue as to what it will do in September, it likely would have said so. Instead, it reiterated the same hash we have been hearing for years. Here is the complete text of today’s FOMC Press Release

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.