Putin welcomes Crimea in

By Mike Peacock
March 18, 2014

Vladimir Putin has told Russia’s Duma that he has approved a draft treaty to bring Ukraine’s Crimea region into Russia and in doing so continues to turn a deaf ear to the West’s sanctions-backed plea to come to the negotiating table.

Talking Turkey … and Greece

By Mike Peacock
June 12, 2013

Yesterday was another day of turmoil for emerging markets and according to equity index provider MSCI, they have a new member.

ECB in court

By Mike Peacock
June 10, 2013

The major euro zone event of the week starts on Tuesday when Germany’s top court – the Constitutional Court in Karlrsuhe – holds a two-day hearing to study complaints about the ESM euro zone bailout fund and the European Central Bank’s still-unused mechanism to buy euro zone government bonds.

Beware the Bundesbank

By Mike Peacock
April 26, 2013

German newspaper Handelsblatt has got hold of a confidential Bundesbank report to Germany’s constitutional court, which sharply criticized the European Central Bank’s bond-buying plan. This could be very big or it could be nothing.