The Iran Sanctions Are Gone — For Good The threat to reimpose sanctions in case of violations is a fantasy WASHINGTON – During the Iran nuclear negotiations, we would often get TV footage and photos of the negotiators in...
FT: Europe Undergoing High Tech Transformation – Really? A long report announces that massive amounts of venture capital are funding European tech companies WASHINGTON – If you look at mainstream media, the news is that slowly but surely “Europe is back”. With...
Will The New Bailout Save Greece? Probably Not The resentful Greeks will have to live under an austerity regime for a very long time WASHINGTON – After dire warnings about Greece falling into the abyss of bankruptcy and national ruin, guess what…the EU got...
Greek Crisis Aside, Most Of Europe Is In Decline Italy and Spain are doing poorly, yet analysts talk about theiur comeback WASHINGTON – With all the excitement surrounding the Greek debt farce, (yes, it is mostly a farce), most observers are...
Can Greece Be Saved? Negotiators still believe that there is a "solution" that will allow Greece to stay in the Eurozone and pay its debts WASHINGTON – The latest round of negotiations aimed at solving the Greek crisis (Yes, 6 years later we are...
Mountains of Debt in Greece…And In China Debt financed growth is a terrible strategy. Greece is ruined, and China may get there soon WASHINGTON – There is nothing promising in the outcome of the “European Tour” taken by Greek Prime Minister Alexis...
Syriza Victory Is Not A Solution For Greece The new government will probably gain some breathing room. But a socialist leadership will be unable to kickstart economic growth WASHINGTON – As expected, Alexis Tsipras and his Leftist Syriza party won the Greek elections for a new parliament. After...
Greece Once Again Threatens Europe’s Financial Stability A possible new leftist government will reopen the debt reduction deals. This possibilty exposes the Eurozone's fundamental weakness WASHINGTON – Greece is again in the news, and for bad reasons. Early elections (to be held on January...
The Economist Gives Good Advice To Europe – Anybody Listening? Sure, the EU should relax austerity measures in exchange for serious pro growth reforms in weak countries. And Europe could start large scale, productivity enhancing infrastructure projects. But none of this will happen WASHINGTON – The respected The Economist magazine dishes out good economic growth advice to Europe, (The World’s Biggest Economic Problem,...
Federica Mogherini Gets Top EU Foreign Policy Job – Inconsequential Position To A Rookie By appointing a person with almost no real experience the EU countries indicate that foreign policy remains a national prerogative WASHINGTON – Federica Mogherini, age 41, since February 2014 Italy’s (youngest ever) Minister of Foreign Affairs, has just been appointed High...