Jan 30, 2015 21:54 UTC

U.S. insider trading cops risk pasting from bench

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By Reynolds Holding

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

U.S. insider trading enforcers are making enemies in high places. Their aggressive view of the law has already irked appeals judges, and the Supreme Court may be next. Justice Antonin Scalia may get his long-sought opportunity to rein in Wall Street watchdogs.

Jan 28, 2015 17:41 UTC

Mortgage freeze could hasten Greek bank reform

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By George Hay and Neil Unmack

The authors are Reuters Breakingviews columnists. The opinions expressed are their own.

Before asking euro zone creditors to reduce Greece’s public debt, Prime Minister Alexis Tsipras might consider making good on another pledge: a permanent mortgage moratorium. Inflicting pain on the likes of National Bank of Greece, Alpha Bank, Piraeus or Eurobank looks easier and faster than negotiating the country’s bailout terms. Less intuitively, it could also help Tsipras’ Syriza movement trigger a healthy restructuring of the country’s lenders.

Jan 28, 2015 12:44 UTC

Currency market still scarred by Swiss trauma

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By Swaha Pattanaik

 The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

On the surface, currency trading has recovered from brutal swings triggered nearly two weeks ago when the Swiss National Bank suddenly abandoned its franc cap. But look a little deeper, and there are still signs of trauma. A surprise policy easing from Singapore on Jan. 28 will add to the market’s unease.

Jan 27, 2015 17:32 UTC

New Greek debt deal will mean more brinkmanship

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By Neil Unmack

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

A new debt deal for Greece will mean another unsettled period of brinkmanship. Markets are relaxed that the anti-bailout Syriza government will be able to cut a new arrangement with creditors. But pressure points lie ahead in March and July. Getting through these will need quick progress on tackling Greece’s bigger challenges.

Jan 27, 2015 12:24 UTC

ECB, Syriza have broken euro zone’s German spell

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By Pierre Briançon

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

For the euro zone, the victory of the anti-austerity Syriza party in the Greek election is not just a political test. It marks the beginning of a new, more promising phase of the monetary union’s history, the end of a five-month transition period that saw the monetary union break the German spell. Austerity at all costs cannot, will not be at the heart of Europe’s crisis-resolution mechanism, as it has been for the last five years.

COMMENT

The rise of a government not ready to let unbridled capitalism have a free run is the need of the hour. People’s welfare / wellbeing is bound to emerge as a focal point in planning for governance. Austerity does not make sense in the overall context of ‘living on tomorrow’s income’ rather than relying on savings made already. Denying stimulus amounts to denying work and income–based on an assumption of fatalism, that is, the poor and poverty are ‘attached to them’. The fatalistic theory has long been discarded and discredited. Let us help people find meaning in their life.
kaliappan

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Jan 26, 2015 14:46 UTC

Greek banks will have to live hand to mouth

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By George Hay

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Greek banks have had a hell of a year. In January 2014, the sector’s shares were trading at almost double where they are now, buoyed by inflows of foreign capital. Holders of National Bank of Greece, Piraeus, Eurobank and Alpha Bank could anticipate a future of decreasing government stakes and healthy credit growth. Following the election of the anti-austerity party Syriza, everything is now on ice.

Jan 26, 2015 09:16 UTC
Hugo Dixon

Hugo Dixon: Grexit still unlikely after Syriza win

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By Hugo Dixon

Hugo Dixon is Editor-at-Large, Reuters News. The opinions expressed are his own.

Syriza’s resounding election victory has pushed Greece closer to quitting the euro zone. But a so-called Grexit is still not the most probable outcome, as the radical left group should be able to cut a deal with its European creditors to avoid bankruptcy provided both sides show maturity.

Jan 23, 2015 16:04 UTC

Review: The Mad Men are watching you

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By Martin Langfield

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

A lot happens in a split second online, much of it good for the advertising business but worrying for privacy advocates. Lightning-quick auctions to push tailored ads to individual web users are growing fast, writes Mike Smith, a digital publishing executive, in his new book “Targeted.” Smith predicts such auctions will be a big part of the industry’s future. Ad men will need ever more personal data to fuel them.

Jan 23, 2015 15:56 UTC

Italy gets its mojo back – at least in Davos

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By Rob Cox

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

For the first time in recent memory, the World Economic Forum has a distinctly Italian accent. After keeping a lower profile of late as its economy – once larger than Britain’s – contracted, the actual sick man of Europe struck “la bella figura” at the annual gathering of plutocrats in Davos, Switzerland. Prime Minister Matteo Renzi’s disruptive style has put a spring in the step of Italy’s business leaders. Real reform, however, is only just beginning.

Jan 23, 2015 12:19 UTC

Putin, Piketty and Draghi hit Davos in spirit only

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By Jeffrey Goldfarb 

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

It can feel like everyone who’s anyone in politics and finance is in Davos, Switzerland this week. World leaders and most of the titans of industry and finance again are swapping ideas in public sessions and over private cocktails at the World Economic Forum’s 45th annual meeting. Conversations are buzzing up and down the Promenade about rampant inequality, the European Central Bank’s plan to flood markets with money and Russia’s conflict with Ukraine. Notably missing from the Alpine retreat are the three people actually inspiring those debates.