The world needs to face the danger that the euro could implode — proving that one of the world’s major economic units simply hasn’t worked — says Tyler Cowen.
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Economic View: In the Euro Zone, a Lethal Vacuum — Economic View
Posted by cagan 1 hour 5 minutes ago (http://www.nytimes.com)
Possible Greece Exit From Euro Has Companies Bracing
Posted by kagan 1 day 45 minutes ago (http://www.nytimes.com)
Lawyers’ advice to corporate clients is frank: Remove cash and other liquid assets from Greece and prepare to take a short-term hit on any other investments.
Memo From Frankfurt: Risk of Greek Euro Exit Has Europe Making Plans
Posted by cagan 2 days ago (http://www.nytimes.com)
The debate about Greece’s exit from the euro zone is moving from “if” to “how,” and secret contingency planning appears to have begun in case events spin out of control.
David Villa to miss Euro 2012
Posted by kagan 2 days ago (http://edition.cnn.com)
David Villa was top goalscorer at Euro 2008 as Spain secured a first major championship in 44 years, but the world champions' all-time leading marksman will not be part of next month's title defense in Poland and Ukraine.
EU urges Greece to stay in euro, plans for possible exit
Posted by cagan 3 days ago (http://www.reuters.com)
BRUSSELS (Reuters) - European Union leaders, advised by senior officials to prepare contingency plans in case Greece decides to quit the single currency, urged the country to stay the course on austerity and complete the reforms demanded under its bailout program.
Euro Zone Crisis Boils as Leaders Argue, Failing at Pact
Posted by kagan 3 days ago (http://www.nytimes.com)
Regional leaders meeting in Brussels failed to signal concrete steps to stimulate the economy or resolve the competing agendas of the German chancellor and the French president.
Greek Businesses Fear Switch From Euro Back to Drachma
Posted by cagan 4 days ago (http://www.nytimes.com)
The move would involve complex legal and financial steps and could set back the economy further, many say.
Pressure Grows on Germany Over Euro Bonds
Posted by kagan 4 days ago (http://www.nytimes.com)
A renewed call for European bonds backed by the bloc is growing, but Germany said Tuesday that there was no way it would bend on collective debt.
Hollande to Press Germany on Euro Bonds
Posted by cagan 5 days ago (http://www.nytimes.com)
At a meeting on Wednesday with European leaders, President François Hollande of France will press the issue of euro bonds, which some officials consider a step too far.
Asia Stocks Up Amid Hopes China to Boost Growth
Posted by kagan 5 days ago (http://www.nytimes.com)
Hopes China will announce new measures to boost economic growth helped push Asian stock markets higher Tuesday.
World leaders back Greece, vow to combat financial turmoil
Posted by cagan 7 days ago (http://www.reuters.com)
CAMP DAVID, Maryland (Reuters) - World leaders backed keeping Greece in the euro zone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalizing a global economy increasingly threatened by Europe's debt crisis.
Greece and Germany in War of Words Over Euro Crisis
Posted by kagan 8 days ago (http://www.nytimes.com)
A telephone conversation on Friday between Germany’s chancellor and Greece’s president became the latest flashpoint in the unfolding crisis over Greece’s membership in the euro.
World Briefing | Middle East: Bahrain: Unity Plan Denounced
Posted by yuksel 8 days ago (http://www.nytimes.com)
Tens of thousands of protesters swarmed onto a major highway on Friday to criticize a proposal by Saudi Arabia for a closer union with Bahrain.
Obama, Hollande to press euro crisis remedies at G8
Posted by cagan 9 days ago (http://www.reuters.com)
WASHINGTON (Reuters) - President Barack Obama will seek to cement a bond with France's new leader at the White House on Friday before heading to Camp David for a G8 summit where he is set to press Europe to do more to fix the region's deepening economic crisis.
Euro Watch: Spanish Bank Problems Add to Gloom in Euro Zone
Posted by kagan 9 days ago (http://www.nytimes.com)
The leader of the Coalition of the Radical Left in Greece challenged European leaders to find ways to preserve the euro area in its present form, while relieving Greeks of their hardships.
News Analysis: A Greek Exit? Euro Zone May Be Ready
Posted by kagan 9 days ago (http://www.nytimes.com)
Years of foot-dragging and brinkmanship have prepared the currency union for life without Greece.
Rogers: Yunanistan çıkınca Euro güçlenir
Posted by cagan 10 days ago (http://www.ntvmsnbc.com)
ABD'li ünlü yatırımcı Jim Rogers, Yunanistan'ın para birliğinden çıkması durumunda Euro'nun güçleneceğini ancak Yunanistan için kötü olacağını söyledi.
English the preferred language for world business: poll
Posted by melisa 10 days ago (http://www.reuters.com)
NEW YORK (Reuters) - Workers whose jobs require them to interact with people in foreign countries say that English is the dominant language of business, according to a new poll.
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