Summit Notebook

from Global News Journal:

Waiting for Europe’s “appropriate response”

October 13, 2011

Will the euro zone finally act decisively?

Investors are hoping for something big from European leaders at the EU summit on Oct. 23 and of the Group of 20 on Nov. 3. But they also know the 17 nations of the euro have a habit of offering delayed, half-hearted rescues that have cost them credibility.

Does Germany need Europe?

December 6, 2010

Jim O’Neill, the new Goldman Sachs Asset Management chairman who is famous for┬ácoining the term BRICs for the world’s new emerging economic giants, reckons he knows why Germany might not be rushing to bail out all the euro zone debt that is under pressure. Europe is not as important to Berlin as it was.