The Real Cause of the Italian Bank Bailouts and Euro Banking Troubles
How a banking union has created deep divisions that undermine the Eurozone’s stability.
Read more...Category Archives: Europe
NATO-Russia Tensions Rise, Arms Makers Benefit
The United States has deployed advanced Patriot missiles as part of military exercises in the Baltic region, escalating tensions with Russia.
Read more...Single Market Maze Contains Clues to Complex Brexit Puzzle
Brexit boosters have sidestepped the issue of reconstituting trading arrangements, a major lapse.
Read more...More Brexit Backpedaling, UK May Relent on ECJ Red Line for “Transition Period”
Yet more Brexit bad news just before Theresa May is set to present her Great Repeal Bill.
Read more...Brexit Starts to Go Pear Shaped from UK Side as Businesses Freak Out
British businessmen are starting to wake up to what Brexit really means for them, but their proposed fixes are yet more wishful thinking.
Read more...EU Takes Stand Against Crapification
The EU takes a first step towards combatting planned obsolescence and manufacturer-only repairs.
Read more...Seeking Refuge in Refugees
Entries from the diary of a volunteer in a refugee camp.
Read more...Canada Undermines Targets for Protecting Oceans by Increasing Oil Exploration
Sabine Jessen discusses Trudeau’s plans to increase offshore oil exploration that undermine oceans protection commitments Canada has made.
Read more...A Tangled Tale of Bank Liquidation in Venice
What can we learn about the Italian banking sector from the decision to liquidate Veneto Banca and Banca Popolare di Vicenza?
Read more...Wolf Richter: Two Italian Zombie Banks Toppled Friday Night
It’s getting harder to ignore the stench coming from the Italian banking system.
Read more...Can EU Actors Keep Using Common Law After Brexit?
The widespread use of English law in financial contracts poses yet another set of tricky post-Brexit issues.
Read more...Waiting for Godot or Does Anyone Really Know What Is Going on with Eurozone Banks?
An update on the Eurozone banking mess.
Read more...EU Firms Up Brexit Bill Negotiation Position: Ask of €99.6 Billion Gross Liabilities
Some of the finer points of Brexit negotiations come into focus.
Read more...Yanis Varoufakis: Latest Eurogroup Statement Keeps Greece on the Austerity Rack
The Eurogroup doubles down on Greek debt extend and pretend, to its members political advantage and at great cost to Greek citizens.
Read more...For ‘Easy Brexit’: May’s ‘No Deal’ Campaign Rhetoric Is Nonsense
If May holds on to her Prime Minister job, her irresponsible Brexit campaign talk may come back to haunt her.
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