Believe it or not, Greece actually wants to stay within the Eurozone. ‘Drachamageddon’ has been averted… but it should be no surprise.
A British newspaper has revealed what most discerning economic observers have long known: that the Eurocrats want to create a United States of Europe with a single president.
Here’s what you need to know about Warren’s Buffett’s recent shopping spree in Europe. The eight European stocks that Warren Buffett bought are…
Here are the latest details on the coming Eurasian Union. Vladimir Putin, the Prime Minister of Russia, is intent on building a “Eurasian Union” of ex-Soviet states, according to an article in the Izvestia newspaper on Tuesday. Here’s the details…
Standard and Poor’s downgraded its unsolicited ratings on Italy by one notch to A/A-1 and kept its outlook on negative, a major surprise that threatens to add to concerns of contagion in the debt-stressed euro zone.
A new trend in Austrian (and perhaps the rest of Europe’s) banking policies suggests that certain interested parties are attempting to control the sale and personal acquisition of gold/silver as safe haven assets. What we experienced first hand should be a wake up call for not just Europeans, but Americans as well.
Read the article…
Editor’s Note: Today’s turmoil in Greece is continuing to roil the financial markets. The slide in the equity and energy markets today show the major impact that the Eurozone worries are having on investors.
Will the Euro survive? Or will the Euro collapse? There are a lot of questions swirling around the debt-ridden Eurozone. Before I tell you my thoughts, let’s take a brief look at how all of this mess got started.
Listen as Jerry Robinson talks with F. William Engdahl about his ground-breaking new book, Gods of Money: Wall Street and the Death of the American Century. You may be surprised by Mr. Engdahl’s take on the recent Euro crisis.
Listen as Jerry Robinson talks with F. William Engdahl about his ground-breaking new book, Gods of Money: Wall Street and the Death of the American Century.
Throughout the recession and recovery, many European banks have sought to sweep their problems under the carpet in the hopes that they could solve them in a better and more profitable future. Now, though, they’re running out of time.
Germany’s cabinet is poised this week to approve a 2011 budget as part of a four-year programme of public spending cuts meant to serve as an example to other European governments without jeopardising the country’s increasingly robust economic recovery.
The net wealth of Asian millionaires has eclipsed that of rich Europeans for the first time, largely because of the relative health of stock markets in Hong Kong, India and China last year, according to a new survey.
Gold may climb to a record $1,300 an ounce this year as investment demand shifts from the euro and the dollar, said Bruce Ikemizu at Standard Bank Plc.
Nightmare vision for Europe as EU chief warns ‘democracy could disappear’ in Greece, Spain and Portugal
Democracy could ‘collapse’ in Greece, Spain and Portugal unless urgent action is taken to tackle the debt crisis, the head of the European Commission has warned.
Everybody is so bearish about the euro that it looks like now is a good time to buy the single European currency, famous investor Jim Rogers told CNBC Thursday.
Some of the world’s richest central banks will not stop investing in the euro, supporting its reserve status, despite the sovereign debt crisis hammering the euro zone’s currency, government sources said.