The Great Debate

Greece made the wrong choice

By John Lloyd
July 17, 2015
Greek Finance Minister Euclid Tsakalotos attends a parliamentary session in Athens

Greek Finance Minister Euclid Tsakalotos attends a parliamentary session in Athens, Greece, July 15, 2015. REUTERS/Christian Hartmann

Can Greece find its inner capitalist?

By Paul Glader
July 10, 2015
Pro-Euro protestors hold Greek national flags during a pro-Euro rally in front of the parliament building in Athens

Pro-Euro protestors hold Greek national flags during a pro-Euro rally in front of the parliament building, in Athens, Greece, June 30, 2015. REUTERS/Yannis Behrakis

Greece must leave the euro, but it takes the United States of Europe with it

By John Lloyd
July 10, 2015
A pensioner argues with an official as he tries to enter a National Bank branch to receive part of his pension in Athens

A pensioner argues with an official as he tries to enter a National Bank branch to receive part of his pension in Athens, Greece, July 6, 2015. REUTERS/Christian Hartmann

Is a two-tiered Europe what’s next after Greece?

By Marco Vicenzino
July 8, 2015
A couple makes a transaction at an ATM outside an Attica bank branch in Athens

A couple makes a transaction at an automated teller machine outside an Attica bank branch in central Athens, August 28, 2012. REUTERS/John Kolesidis

Greece’s self-inflicted tragedy and the catharsis to come

By John Lloyd
July 2, 2015
The word 'No' in Greek is seen on a banner hanging from Athens' University building

The word ‘no’ in Greek is seen on a banner hanging from Athens’ University building in Greece, July 2, 2015. REUTERS/Marko Djurica

Fast Facts: Scenarios facing Greece after its default

By Jason Fields
June 30, 2015

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Grexit signs: Drachma, how we’ve missed you!

By John Lloyd
June 28, 2015
A drop of water is seen on a Greek twenty-Drachma coin depicting ancient Athenian politician and general Pericles in this picture illustration taken in Athens

A drop of water is seen on a Greek 20-drachma coin depicting ancient Athenian politician and general Pericles in this picture illustration taken in Athens March 22, 2015. REUTERS/Yannis Behrakis

The most important man in Europe you’ve never heard of

By John Lloyd
March 9, 2015
Guardia di Finanza troops stand before the Quirinale palace in Rome, April 22, 2013. REUTERS/Max Rossi

Guardia di Finanza troops stand before the Quirinale palace in Rome, April 22, 2013. REUTERS/Max Rossi

‘The Communist Manifesto’ (2015 edition)

By John Lloyd
February 6, 2015
Head of radical leftist Syriza party Tsipras speaks after winning elections in Athens,

The head of the radical leftist Syriza party, Alexis Tsipras, speaks to supporters after winning elections in Athens, Jan. 25, 2015. REUTERS/Marko Djurica

from Anatole Kaletsky:

Why markets ignore good news from U.S. to focus on bad news from Europe

By Anatole Kaletsky
October 16, 2014

A trader watches the screen at his terminal on the floor of the New York Stock Exchange in New York

What’s spooking the markets?

One thing we can say for sure is that it is not the slightly weaker-than-expected retail sales that triggered the mayhem on Wall Street on Wednesday morning. Most U.S. economic data have actually been quite strong in the month since Wall Street peaked on Sept. 19.