Mar 2, 2015 08:06 UTC

India’s infrastructure push could be envy of West

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By Andy Mukherjee

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

India’s infrastructure push is the exception to the global norm. The government has decided to pursue a public investment-led growth strategy, even though it means going slow on fiscal correction. It’s an opportunity that rich nations, which can borrow far more cheaply than New Delhi, are missing.

Feb 27, 2015 20:10 UTC

U.S. student loans could need $500 bln bailout

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By Daniel Indiviglio

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

U.S. student loans could one day need nearly a $500 billion bailout – perhaps the biggest government rescue yet. Borrowing for education has soared over the past decade, ballooning to $1.2 trillion and growing far faster than GDP. With the feds on the hook for much of the debt, it’s a mess in the making.

Feb 26, 2015 15:34 UTC

Rob Cox: Welcome to the new, global Tangentopoli

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By Rob Cox

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

It seems about impossible to find a corruption-free corner of the earth. Scandals involving business and political elites have struck from Sao Paulo to Beijing, Virginia to Santiago and Madrid to Mexico, and seem to unfold daily. Welcome to a new, global Tangentopoli.

Feb 24, 2015 14:51 UTC

Lavish German pay hike helps entire euro zone

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By Olaf Storbeck

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

The change in Germany’s growth model has been ratified by 3.7 million people. All of Europe can rejoice.

Feb 21, 2015 20:23 UTC
Hugo Dixon

Time for Greece’s Alexis Tsipras to keep his nerve in debt battle

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Greek PM Tsipras attends a cabinet meeting at the parliament building in Athens

Greek PM Tsipras attends a cabinet meeting at the parliament building in Athens, Feb 21, 2015. REUTERS/Kostas Tsironis

Alexis Tsipras must keep his nerve. The new Greek prime minister has crossed a Rubicon in asking for an extension to the country’s hated bailout programme while abandoning many election promises. Tsipras should realise there is now no turning back. But he can snatch victory from defeat if he embraces radical reforms with vigour.

COMMENT

I fully agree with the comments posted by Thurlac which are accurate and to the point.
The Greek Orthodox Church is supporting the needy without taking under
consideration nationality, colour or creed. Others should follow the Church’s example.

Posted by SolPer | Report as abusive
Feb 13, 2015 12:54 UTC

Italian bad bank is worth the risk

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By Neil Unmack

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

Italy’s bad bank is a good idea. Rome wants to set up a vehicle to hoover up banks’ dud loans. It’s risky: government-funded bad banks can wind up losing taxpayer money. Yet it could also help lending, and even spur consolidation in Italy’s fragmented banking system.

Feb 10, 2015 21:22 UTC

Greece is creating room for deal with euro zone

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By Pierre Briancon

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

Greece has the choice between a climbdown and a showdown. It may be leaning towards the former. After two weeks of scaring financial markets and raising the hackles of its euro zone partners, the country’s inexperienced leaders go to Brussels this week with proposals that can at least be the basis of a reasonable discussion.

COMMENT

It is a game of poker, surely? And the Troika didn’t blink previously when Greece had the opportunity to do far more damage than now so Greece is unlikely to get much softening. But they might get some for two reasons. One is that excessive austerity and joblessness is getting the EU a bad name, and EU leaders like anyone else prefer popularity. The other is that a country with a flourishing economy is obviously better able to pay off its debts. If Syriza made a convincing case for both saving and spending money in the right places they might emerge with a face saving agreement that would also do some good.I remain optimistic!

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Feb 10, 2015 14:52 UTC

Capital controls an unpalatable option for Athens

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By Neil Unmack

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

Capital controls are a messy option for Greece. This radical policy did less harm than expected during Cyprus’ banking crisis, and would buy time for Athens and its international creditors. The snag is that Greece’s position is weaker, and the politics more toxic.

Feb 9, 2015 17:22 UTC

Today’s Wall Street can’t produce a John Whitehead

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By Antony Currie and Rob Cox

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

The storied career John Whitehead led over the past 70 years or so is virtually impossible to imagine on today’s Wall Street. The former Goldman Sachs boss, who died on Saturday at 92, was not just instrumental in developing the global investment banking model that largely still exists today. He also took on prominent positions in public service after he left.

COMMENT

Chairman Whitehead, was a great inspiration in my life, both personally and professionally. He was a World War II Hero, and he never stopped giving of his service to his Country and to his fellow citizens. He was instrumental in helping President Reagan tear down that Wall and integrating the Eastern Bloc back into the free world. He will be missed. May the Chairman of the Establishment Rest in Peace.

Posted by Randy_Whitehead | Report as abusive
Jan 29, 2015 12:14 UTC

Rob Cox: Podemos can improve Spanish capitalism

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By Rob Cox

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

At the end of October, one of the most widely anticipated stock market debuts in Europe ground to a halt. The initial public offering of 49 percent of Spain’s Aena, the $9 billion operator of airports in Madrid, Barcelona and 40 other cities, was abruptly postponed.

COMMENT

“Spaniards, like Greeks, have austerity fatigue.”

Which is just a way to say they are “fatigued” by not having the state give them quite so much of other people’s money. What does any of this have to do with “capitalism”?

Posted by evilhippo | Report as abusive