Euro zone survival is in the eye of the beholder

June 14, 2012

Despite all their years of experience and complex mathematical models, for economists the question of the euro zone’s survival really has them at the mercy of national bias… at least in terms of where their employer is based.

from Jeremy Gaunt:

Why is the euro still strong?

November 10, 2011

One of the more bizarre aspects of the euro zone crisis is that the currency in question -- the euro -- has actually not had that bad a year, certainly against the dollar. Even with Greece on the brink and Italy sending ripples of fear across financial markets, the single currency is still up  1.4 percent against the greenback for the year to date.

from Jeremy Gaunt:

Democracy and Chaos are both Greek

November 1, 2011

It seems as if almost everyone was surprised by Prime Minister George Papandreou's decision to hold a referendum on the euro zone's bailout package for his country. At the very least, it can probably be said that he is weary of being hammered from all sides --  his own party, the opposition, the people on the street, Germany, the tabloid press, you name it.

Live from Muscat

October 16, 2009

Watch below for live blogging from Muscat for the GCC policymakers’ meeting. Just place your cursor on the page (you don’t have to click) and wait for the count down.

Oman get-together for Gulf policymakers

October 16, 2009

Having met only two weeks ago in Abu Dhabi, followed by Istanbul, finance ministers and central bank governors from the Gulf are now congregating in Muscat, setting the agenda for the Gulf rulers’ summit in Kuwait next month.

Falling out of the euro zone?

January 9, 2009

The periphery economies of the euro zone are suddenly in the spotlight.  Credit rating agency Standard & Poor’s has cut its outlook on Ireland’s sovereign debt to negative. It worries that fiscal measures to recapitalise banks and boost the economy might not improve competitiveness, diversity and growth — all making it harder to manage debt.