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The situation in Ireland is worse now than it was in 2010 after the burst of the housing bubble and the failure of its banking system.
Linked Articles
A Bedraggled 'Celtic Tiger' Struggles to Retrain Workers
Wall Street Journal 04/20/2012
Ireland becomes a test for E.U. crisis remedy - The Washington PostWashington Post 03/01/2012
Linked Articles
Wall Street Journal 02/25/2012
Boeing Hits a MilestoneWall Street Journal 06/08/2012
The implementation of austerity measures in Greece including cuts to the minimum wage hit people with lower wages the hardest. This takes place even as Greece fails to tackle tax evasion by higher income groups such as doctors and engineers. This is estimated by a group of economists who looked at Greek bank records at 11.2 billion euros in 2009.
Linked Articles
Wall Street Journal 07/09/2012
Greek leaders’ priorities questioned - The Washington PostWashington Post 02/19/2012
The RBI made a rate cut of 0.5 percentage point in April 2012, following a series of rate increases in 2010-2011 to control inflationary pressures. The RBI governor Devi Subbarao's view is that the government which faces a lack of political leadership and state elections needs to do more to increase growth.
Linked Articles
Wall Street Journal 04/18/2012
Indian Central Banker Hits His Government's SpendingWall Street Journal 02/14/2012
Monti on more democracy in the European Union with more power for the European Parliament, and the enduring quality of the EU becaus it is in the interests of Germany.
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Italyâs Leader Is Optimistic About Greece and Euro
New York Times 02/10/2012
Italy's Leader Warns EU Needs Better DemocracyWall Street Journal 02/16/2012
Under Spain's decentralized system of government regions prove education, healthcare and other services. The 2011 deficit target in Spain was exceeded largely because of spending by local governments. The new government of Mariano Rajoy has announced moves to control regional spending.
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Madrid to Curb Spending by Powerful Regions
Wall Street Journal 01/18/2012
Spanish Regional Governments to Get AidNew York Times 01/19/2012
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Jobs Data May Be Icing on America's Birthday Cake
Wall Street Journal 07/03/2014
Strong ADP Jobs Gain Needs Grain of SaltWall Street Journal 01/05/2012
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New York Times 07/17/2012
We all have a stake in China’s real estate bubble - The Washington PostWashington Post 12/24/2011
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New York Times 12/18/2011
Economists: China Mirrors U.S. on Eve of Financial CrisisWall Street Journal 03/18/2013
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Europe Needs the Bond Vigilantes
Wall Street Journal 04/05/2012
The Euro Zone's Double FailureWall Street Journal 12/15/2011
One estimate of tax evasion in Italy cited by Faiola in the Post is $340 billon a year. Greece has a similiar problem. This is one area in which the culture and practices of individual countries have to converge to acceptable norms to make a common currrency viable, something the founders of the euro currency did not take as seriously as needed and account for in a disciplined framework. The political enthusiasm for a union of European countries of EU founders led to ignoring the dangers of not having controls and convergence in place.
Linked Articles
New York Times 12/01/2011
Amid crisis, Italy confronts a culture of tax evasion - The Washington PostWashington Post 11/25/2011
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Poland Trying to Build Banks' Defenses
New York Times 04/13/2012
Polish Bank Chief Builds DefensesWall Street Journal 11/14/2011
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Justice Department Probes Airlines for Collusion
Wall Street Journal 07/02/2015
Carriers Keep Capacity in CheckWall Street Journal 09/14/2011
Ford plans to invest $600 million to more than double manufacturing capacity in Chongqing to 770,000 by 2014. This comes at a time of major slowdown in the market in China after years of hyper growth. Ford lags behing GM and VW in China and missed some of the spurt in growth.
Linked Articles
Ford Plans to Boost Production in China
Wall Street Journal 04/06/2012
Ford Faces China HurdlesWall Street Journal 02/27/2012
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China's Central Banker Leads Push to Overhaul Economy
Wall Street Journal 11/05/2013
New Push for Reform in ChinaWall Street Journal 02/23/2012
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Europe Remains G.M.'s Weak Spot
New York Times 02/15/2012
GM Sees Expanded European LossesWall Street Journal 07/16/2012
France's Socialist presidential candidate Hollande considers the EU-IMF programs a failure of governance in Europe. He predicts larger public contributions to Greece's debt after the elections in Greece and France.
Linked Articles
Watch Athens, Not Paris, This Weekend
Wall Street Journal 05/04/2012
French Candidate Hollande Assails European Policy on GreeceNew York Times 02/13/2012
Blackberry takes a $267 million writeoff on unsold Blackberry 7 model phones at retail stores in March 2012. After new CEO Thorsten Heins took over his strategy was to put put more of the new Blackberry 7 model phones into user hands. The failure to compete with new Android phones and the Apple iPhone places Research in Motion into a position from which it will be hard to recover.
Linked Articles
Wall Street Journal 03/30/2012
New RIM Chief Plots OverhaulWall Street Journal 01/28/2012
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Chinese Car Makers Struggle to Lure Buyers
Wall Street Journal 04/21/2014
Car Makers Gauge Shift In China's Auto PolicyWall Street Journal 01/06/2012
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Almost-Free Gas Comes at a High Cost
Wall Street Journal 04/12/2013
Nigeria Braces for Gas-Price ProtestsWall Street Journal 01/03/2012
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Honda CEO Rethinks Car Maker’s Priorities
Wall Street Journal 12/05/2014
Honda Revs Up Outside JapanWall Street Journal 12/21/2011
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New York Times 12/18/2011
China's Biggest Problems Are Political, Not EconomicWall Street Journal 08/02/2012
The state of the art manufacturing facility in S. Carolina that incorporates everything Boeing has learned about making planes.
Linked Articles
Untested South Carolina Outpost is Central to Boeing's Dreamliner Hopes
Wall Street Journal 04/30/2012
Boeing Makes Peace With LaborWall Street Journal 12/01/2011
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Mexico’s middle class is becoming its majority - The Washington Post
Washington Post 03/18/2012
Mexico Economy Withstands Drug WarWall Street Journal 11/23/2011
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Boeing Teams Speed Up 737 Output
Wall Street Journal 02/07/2012
Boeing Revs Up for DreamlinerWall Street Journal 09/27/2011
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