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Denmark's central bank intervenes in foreign exchange markets and lowers interest rates to protect the Kroner exchange rate peg set for a band of 2.25% around 0.746 kroner.
Grouped Articles
European Central Bank’s Stimulus Move Ripples Across Region
Wall Street Journal 01/24/2015
Denmark Increases Krone Sales to Protect Peg
Wall Street Journal 02/04/2015
Grouped Articles
Leftist Syriza party set to win Greek vote, setting up showdown with Europe - The Washington Post
Washington Post 01/24/2015
Greek Financing Talks Break Down Amid Deep Divisions Over Bailout
Wall Street Journal 02/17/2015
Greece and Its Creditors Pummel Each Other, but Fight Is Not Over Yet
New York Times 06/19/2015
Greece Wanted to Reframe Europe’s Austerity Debate. It Failed.
New York Times 07/01/2015
Mirage of Economic Turnaround Masked New Greek Crisis in the Making
Wall Street Journal 07/05/2015
IMF Warns Eurozone That Greece Needs Far More Debt Relief
Wall Street Journal 07/15/2015
Grouped Articles
Budget Brand is a Growth Driver for Renault
Wall Street Journal 01/24/2015
Renault, Mitsubishi Scrap Tie-Up to Make Cars for U.S.
Wall Street Journal 01/28/2015
Grouped Articles
Washington Post 01/24/2015
King Salman Upends Status Quo in Region and the Royal Family
New York Times 05/10/2015
Saudi Arabia Says King Won’t Attend Meetings in U.S.
New York Times 05/10/2015
Obama’s Mideast Mission: Get Saudis, Iran to Make Nice
Wall Street Journal 04/20/2016
New York Times 04/22/2016
Saudi Arabia, Ignoring Trump’s Slights, Will Give Him a Royal Welcome
The New York Times 05/18/2017
Grouped Articles
Why Obama’s trip to India’s Republic Day is a big deal - The Washington Post
Washington Post 01/24/2015
President Obama and India’s Modi Forge an Unlikely Friendship
The New York Times 06/06/2016
Modi addresses Congress as US-India ties bloom
CNN 06/08/2016
Grouped Articles
New Saudi King and U.S. Face Crucial Point in the Relationship
New York Times 01/23/2015
Saudi Arabia’s Succession Line Is Set, but the Nation’s Path Remains Uncertain
New York Times 01/23/2015
Washington Post 01/24/2015
Washington Post 01/24/2015
Saudis Aim to Project Stability
Wall Street Journal 01/26/2015
A Smooth Saudi Succession, but a Rough Road Ahead
Wall Street Journal 01/26/2015
Oil policies will be decided by the same group of advisors around King Abdullah. As most advisors, including oil minister Naimi, 79, who conducts OPEC negotiations, are from an older generation, the long term future remains uncertain.
Grouped Articles
New King in Saudi Arabia Unlikely to Alter Oil Policy
New York Times 01/23/2015
Washington Post 01/24/2015
Washington Post 01/24/2015
King Salman of Saudi Arabia Names Mohammed bin Nayef Next in Line of Succession
New York Times 04/29/2015
A Saudi Royal Shake-Up With a Goal of Stability
New York Times 04/29/2015
Young Saudi Royals Rise as Kingdom Tries to Assert Regional Leadership
Wall Street Journal 04/30/2015
Grouped Articles
L’Oréal CEO Says Strong Dollar Boosts Earnings
Wall Street Journal 01/23/2015
Grouped Articles
U.K.’s Cameron Moves To Give Scotland Revenue Control
Wall Street Journal 01/23/2015
Economist 05/23/2015
Scottish parliament votes for second independence referendum
The Guardian 03/28/2017
Grouped Articles
Wall Street Journal 01/22/2015
The Japanese trade union confederation seeks wage increases of 4% for 2015. The Business Federation tell companies to offer wage increases over 2.3% for 2015. Unusual for a market economy both prime minster Abe and BOJ chief Kuroda tell companies to raise wages. Kuroda says price movement can happen by raising wages.
Grouped Articles
Japan Government Presses Companies to Raise Wages
Wall Street Journal 01/22/2015
Abenomics Pays It Forward for Japanese Workers
Wall Street Journal 03/19/2015
Japan’s Businesses Respond to Abe’s Push for Higher Wages
New York Times 03/18/2015
Abe: U.S., Japan Close to TPP Trade Deal
Wall Street Journal 04/21/2015
Japan Embodies a Global Mystery: Where Are the Raises?
WSJ 06/06/2017
Grouped Articles
Wall Street Journal 01/21/2015
European Markets Jolted by ECB Proposal
Wall Street Journal 01/21/2015
ECB Executive Board’s QE Proposal Calls for Roughly €50 Billion in Bond Buys Per Month
Wall Street Journal 01/21/2015
European Stocks Buoyed by ECB Hopes
Wall Street Journal 01/21/2015
How ECB Bond Purchases Will Work
Wall Street Journal 01/23/2015
European Central Bank Bets Big on Curing the Economy
New York Times 01/22/2015
Grouped Articles
Tax Overhaul Gets Senate Point Man
Wall Street Journal 01/21/2015
Grouped Articles
Qualcomm: More Than Just a Galaxy Question
Wall Street Journal 01/24/15
Grouped Articles
A Quiet Revolution in Helping Lift the Burden of Student Debt
New York Times 01/24/15
School-Loan Reckoning: 7 Million Are in Default
Wall Street Journal 08/23/15
Wall Street Journal 08/23/15
What Could Raising Taxes on the 1% Do? Surprising Amounts
New York Times 10/16/15
Grouped Articles
Rifts Between U.S. and Nigeria Impeding Fight Against Boko Haram
New York Times 01/24/15
Nigeria Votes in Sharply Contested Presidential Election
New York Times 03/28/15
Grouped Articles
Rifts Between U.S. and Nigeria Impeding Fight Against Boko Haram
New York Times 01/24/15
Grouped Articles
Beleaguered, Nigerians Seek to Restore a General to Power
New York Times 01/23/15
Rifts Between U.S. and Nigeria Impeding Fight Against Boko Haram
New York Times 01/24/15
Boko Haram Generates Uncertainty With Pledge of Allegiance to Islamic State
New York Times 03/07/15
African Training Exercise Turns Urgent as Threats Grow
New York Times 03/07/15
Nigeria Votes in Sharply Contested Presidential Election
New York Times 03/28/15
Boko Haram’s Abduction of Girls Still Grips Nigeria
Wall Street Journal 04/14/15
Grouped Articles
Statoil Tightens Its Belt as Oil Prices Plunge
Wall Street Journal 01/23/15
Norway Angers Investors in Pipeline Network
Wall Street Journal 04/21/15
U.S. Oil Prices Hit Fresh Six-Year Low, Dipping Below $40 a Barrel
Wall Street Journal 08/23/15
Grouped Articles
Coalition Has Reclaimed Territory from Islamic State, Kerry Says
Wall Street Journal 01/23/15
Obama’s Dual View of War Power Seeks Limits and Leeway
New York Times 02/11/15
Splits in Islamic State Emerge as Its Ranks Expand
Wall Street Journal 03/10/15
Sunni Tribes in Iraq Divided Over Battle Against Islamic State
Wall Street Journal 05/22/15
Regional Discord Fuels Islamic State’s Rise in Mideast
Wall Street Journal 10/16/15
On the Front Line Against Islamic State
Wall Street Journal 12/05/15
Draghi visited Merkel in Berlin, Jan 14, 2015. Months of careful planning in designing the program to meet the concerns of Germany, and an effort to calm German opinion and explain the program led to an extraordinary achievement for Draghi. German leaders Schauble, Merkel and Weidmann, only said the program should not take the pressure off governments to make structural reforms, but no leaders expressed opposition to the program. Geman newspapers also refrained from inciting German opinion about the program, And the program was presented as solely to pursue the target inflation rate of 2%, a core part of the ECB mandate.
Grouped Articles
Compromise and Persuasion Won Grudging Support for E.C.B. Bond Buying
New York Times 01/23/15
Quiet Start to Central Bank Bond-Buying Program for the Eurozone
New York Times 03/09/15
Wall Street Journal 03/10/15
E.C.B. Sees Early Progress From Its Bond-Buying Program
New York Times 04/15/15
Wall Street Journal 10/23/15
ECB’s Stimulus Moves Fall Short of Market Expectations, Hammering Stocks
Wall Street Journal 12/03/15
Grouped Articles
Microsoft Opens a Window Into a New Era
Wall Street Journal 01/22/15
Windows 10 Signifies Microsoft’s Shift in Strategy
New York Times 07/19/15
Microsoft’s Free Windows Squeezes New PC Sales
Wall Street Journal 07/29/15
Overheard: Clouding Microsoft’s Windows Profit Machine
Wall Street Journal 09/30/15
The risk for 80% of the bond purchases will be taken by each central bank within the eurozone, the remaining 20% will be shared between the central banks and the ECB. The program is carefully crafted to make sure risks of default or prices of a bond going down are not spread from one country to other countries in the eurozone. This was the only way to come up with a fair outcome that did not burden other countries such as Germany and create moral hazard. Eurozone economies expect to see growth in 2015 and have emerged from the crisis period of 2012-2013. The eurozone now can use the extra boost in lending promoted by the ECB, similiar to what happened with the Federal Reserve in the U.S.
Grouped Articles
How ECB Bond Purchases Will Work
Wall Street Journal 01/23/15
European Central Bank Bets Big on Curing the Economy
New York Times 01/22/15
Eurozone Nations Face Stronger Pressures to Lift Economies
New York Times 01/22/15
E.C.B. Sees Early Progress From Its Bond-Buying Program
New York Times 04/15/15
ECB’s Stimulus Moves Fall Short of Market Expectations, Hammering Stocks
Wall Street Journal 12/03/15
ECB Move Prompts Volatile Trading in Eurozone Bonds, Euro
WSJ 12/08/16
Grouped Articles
Italy Prime Minister Renzi: ‘My Dream Is Parity’ Between Euro and Dollar
Wall Street Journal 01/22/15
Grouped Articles
Why Viacom Is Looking to India for a New TV Audience
Wall Street Journal 01/21/15
Wall Street Journal 08/07/15
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