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Linked Articles
New York Times 12/02/2013
Japan's Ex-Premier, Naoto Kan, Condemns Nuclear PowerNew York Times 05/28/2012
Linked Articles
Iran, U.S. Agree Only to Resume Their Talks Next Month
Wall Street Journal 05/25/2012
Iran Nuclear Talks Are to Continue as Their Tone Heats UpNew York Times 07/04/2012
Volcker described the situation to the U.S. Senate Banking committee the day before the story came out about the massive trades made by JP Morgan's trader, known as the "London whale." Losses would be socialized under "too big to fail" for the largest U.S. banks.
Linked Articles
Paul Volcker vs. JPMorgan’s London Whale - The Washington Post
Washington Post 05/12/2012
'London Whale' Rattles Debt MarketWall Street Journal 05/13/2012
Austerity measures alone cannot address the financial problems in the eurozone countries of Greece, Ireland, Portugal, Spain and Italy. The need to create opportunities for economic growth.
Linked Articles
Election Heralds Power Shift in Alliance With Germany
Wall Street Journal 05/03/2012
France Reassures Greece on Euro Zone MembershipNew York Times 08/25/2012
Linked Articles
India's Grain Storage Comes Up Short
Wall Street Journal 04/13/2012
Indian Fiber Weaves a CrisisWall Street Journal 06/23/2012
During a 6 month period between October 2011 and March 2012 the S&P 500 moves from a low of 1037 on October 27, 2011, to 1420 in March 2012. This followed another round of quantitative easing by the Federal Reserve following an earlier round in 2010.
Linked Articles
S.&P. 500 Dips After Fed Signals No New Stimulus
New York Times 04/04/2012
The Dangers of an Interventionist FedWall Street Journal 03/29/2012
Linked Articles
Cheap Natural Gas Unplugs U.S. Nuclear-Power Revival
Wall Street Journal 03/15/2012
Shell CEO Scripts a Leading Role for GasWall Street Journal 01/16/2013
GDP growth slowing to about 2% and inflation at 6% expected for 2012.
Linked Articles
As Prices Rise in Brazil, So Do Worries
Wall Street Journal 07/30/2012
Brazil's Economic Growth FaltersWall Street Journal 03/07/2012
Linked Articles
Wall Street Journal 02/25/2012
Boeing Hits a MilestoneWall Street Journal 06/08/2012
Surprisingly the Syriza government in 6 months in office did not come up with a plan to implement for tax evasion. This was a major issue for the IMF and in Greece's interest, even though it was going contrary to long standing practice in Greece as it was in Italy. Estimates of lost revenue are about $11 billion each year for tax evasion. By comparison the IMF payment due was less than $2 billion on June 30, 2015. Sustainable long term finances make this a major issue in Greece's own interest. Greece has an aging population and the number of retirees are growing in relation to young working people making this an important issue for stable finances under any administration, and regardless of the euro.
Linked Articles
How Greek tax evasion sunk the global economy
Washington Post 07/10/2012
A Hollow Target for Greek DebtWall Street Journal 02/18/2012
The significant changes underway in labor laws that should increase productivity and competitiveness of Spain and Italy. The need for the culture change that goes with this.
Linked Articles
Italy Official Seeks Culture Shift in New Law
Wall Street Journal 06/27/2012
Spain Approves Changes to Labor PolicyNew York Times 02/10/2012
The return of jobs and manufacturing plants from China to Mexico and the U.S. as China's competitiveness declines.
Linked Articles
Made in China Is Getting Expensive
Wall Street Journal 08/10/2012
China's Export Pain May Be Mexico's GainWall Street Journal 02/06/2012
Linked Articles
Pakistan Vote to Test Army's Willingness to Cede Power
Wall Street Journal 05/09/2013
Pakistan High Court Widens Role and Stirs FearsNew York Times 01/22/2012
Linked Articles
New York Times 06/07/2012
The Reagan MemoWall Street Journal 05/26/2012
The impossible becomes possible in California as political hurdles are overcome and the state's economy improves. The budget preserves spending priorities for education and healthcare by cutting back in other areas, another remarkable feat- a lasting legacy for Brown's second act as governor. His father was governor in the Kennedy years, he was governor in the 1980's.
Linked Articles
State’s Rare Sight: A Budget Surplus
Wall Street Journal 01/10/2013
Brown Proposes $8.3 Billion in Cuts for CaliforniaNew York Times 05/14/2012
Shinzo Abe of the LDP, the leading candidate for prime minister after general elections in Dec. 2012, says he will appoint a new central bank chief who supports an activist monetary policy. Abe supports the BOJ setting an inflation target of 2% compared to the 1% under current Bank of Japan chief Shirakawa. Both the governing DPJ and the LDP parties are strongly critical of Shirakawa and prefer to see an activist stance against deflation similiar to the one Ben Bernanke is taking against unemployment in the U.S. Abe returns to power after becoming LDP prime minister following the government of Junichiro Koizumi.
Linked Articles
Vote Challenges Japan's Central Bank
Wall Street Journal 12/13/2012
Pressure Rises on BOJ to Reach Inflation TargetWall Street Journal 05/07/2012
Linked Articles
Wall Street Journal 04/22/2013
Pakistan Premier Gets 30-Second TermWall Street Journal 04/27/2012
Toyota goes after the lower price points in emerging markets with the IMV series. Renault goes for a lower price point for buyers in its home markets in France and the rest of Europe with its Dacia and Logan models. Both are expected to cross the 1 million mark sales point in 2012. Renault achieves a 6% operating margin on the low price point vehicles priced at around $10,000, breaking the myth that lower price points cannot generate profits.
Linked Articles
Toyota Pushes Emerging-Markets Production
Wall Street Journal 04/07/2012
Renault Takes Low-Cost LeadWall Street Journal 04/16/2012
Linked Articles
China Seen Bolstering Oil Reserves
Wall Street Journal 04/11/2012
Fears of a 2008 Repeat for OilWall Street Journal 03/18/2012
The bond swap of new bonds with long maturities reflecting a writedown of 53.5% for the old bonds with short maturities was finally achieved on March 9, 2012. By this time Greece's economy was shrinking badly and the new bonds were trading at levels that reflected the need for further writedowns only days after the deal. Prof. Cochrane at the University of Chicago and Prof. John Taylor at Stanford say French and German banks exaggerated the effects of contagion from the beginning to delay writedowns for as long as possible. The effects on the eurozone of the delays in tackling the problem early and decisively are negative or slowing growth and is likely to hurt the banks operating in that environment, raising questions about the wisdom of that strategy.
Linked Articles
Wall Street Journal 03/09/2012
Greece Passes Key Debt TestWall Street Journal 03/09/2012
Cochrane points to regulations and laws that support high prices of medical carein the U.S., by reducing competition and restricting supply of doctors and suppliers of medical care. He says the mandate most likely would not even be necessary under such a system because the costs of healthcare in the U.S. would be so much lower.
Linked Articles
What to Do on the Day After ObamaCare
Wall Street Journal 04/03/2012
Why an MRI costs $1,080 in America and $280 in France - The Washington PostWashington Post 03/05/2012
John Taylor and the Ifo Institue's Sinn say the recapitalization of Greece's banks and the lower interest rates negotiated after the March 2012 bailout make exiting the euro and achieving economic growth doable. The Papdemos government's need for time till 2015 to complete the program of changes, and the elections in April 2012 in which opposition parties outpolled Pasok and New Democrachy lays the political groundwork for the exit.
Linked Articles
Greece at new risk of being pushed off euro - The Washington Post
Washington Post 05/08/2012
A Better Grecian BailoutWall Street Journal 02/22/2012
Linked Articles
Wall Street Journal 02/22/2012
INTERVIEW: Ifo's Sinn: In Greece's Interest To Leave Euro ZoneWall Street Journal 02/17/2012
Linked Articles
Spain Plans to Burn Its Bridges to Keep Vacationers on the Job
Wall Street Journal 02/08/2012
Italy Official Seeks Culture Shift in New LawWall Street Journal 06/27/2012
Linked Articles
Ohio economy improving, but residents can’t feel it - The Washington Post
Washington Post 08/08/2012
Oil Patch Bucks Income DropWall Street Journal 02/02/2012
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