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Greece: A Nation Divided -- Will Russia Take the Initiative?

Joergen Oerstroem Moeller | Posted 06.29.2015 | World
Joergen Oerstroem Moeller

If Russia does not seize the opportunity to bail out Greece, we can conclude that the Russian economy is in much worse shape than anticipated. There is also an interesting observation to be made behind the gunpowder smoke in Ukraine, Iran's alleged nuclear weapons program and several other geopolitical issues.

Live Updates On The Greek Debt Crisis

The Huffington Post | Eline Gordts | Posted 06.29.2015 | World

Greece's banks and stock market were closed on Monday, a new dramatic development in the country's ongoing debt crisis. Talks between the Greek go...

Over A Third Of Greek ATMs Run Out Of Cash

Reuters | Posted 06.27.2015 | World

By George Georgiopoulos and Lefteris Papadimas ATHENS, June 27 (Reuters) - More than a third of automated teller machines across Greece ran out of ...

European Leaders Reject Greece Bailout Extension Throwing Eurozone Into Crisis

AP | RAF CASERT and ELENA BECATOROS | Posted 06.27.2015 | World

ATHENS, Greece (AP) — Greece's parliament voted early Sunday in favor of Prime Minister Alexis Tsipras' motion to hold a July 5 referendum on credit...

Greek PM Calls Referendum On Bailout Deal

Reuters | Posted 06.27.2015 | World

By Lefteris Papadimas and Renee Maltezou ATHENS/BRUSSELS, June 27 (Reuters) - Greek Prime Minister Alexis Tsipras called a referendum...

The EU, the Grexit, and Market Failure

Daniel Wagner | Posted 06.26.2015 | World
Daniel Wagner

An orderly unwinding of Greece's and Europe's debt is possible. If it could be done in the U.S., when a third of all savings and loans associations failed in the 1980s and 1990s, something similar can be done in Europe.

Greece's Latest Offer In Bailout Talks Raises Hopes For Agreement

AP | Posted 06.22.2015 | World

BRUSSELS (AP) — Greece has finally offered economic reforms that creditors consider potentially acceptable, giving Prime Minister Alexis Tsipras a c...

Germany's Leadership Role in Advancing Economic Freedom: Opportunity for All, Favoritism for None

Natasha Srdoc | Posted 06.19.2015 | World
Natasha Srdoc

The topics of strengthening the transatlantic partnership and advancing economic freedom were brought to the forefront, when we gathered in Brussels at a dinner event of the Konrad Adenauer Foundation in December 2014.

Greece and the Eurozone: Politics Trump Economics

Daniel Speckhard | Posted 06.12.2015 | World
Daniel Speckhard

Greece and the Eurozone will find a way through this latest trouble. A Greek exit would create a nightmare for Greeks, with bank runs, capital controls, further economic contraction and dislocation.

Europe Warns Greece That Time Is Running Out For A Deal

AP | RAF CASERT and LORNE COOK | Posted 06.11.2015 | World

BRUSSELS (AP) — International creditors sent Greek Prime Minister Alexis Tsipras home from a summit Thursday with a clear message: swiftly tone down...

France Suffers Another Defeat In Battle Of Waterloo ... Coin Controversy

The Huffington Post | Charlotte Alfred | Posted 06.09.2015 | World

As the 200th anniversary of the Battle of Waterloo approaches, France suffered another galling defeat as Belgium exploited a eurozone loophole to mint...

Will a Grexit Be the Lehman-Like Trigger of the Next Global Financial Crisis?

Joseph E. Stiglitz | Posted 06.08.2015 | World
Joseph E. Stiglitz

NEW YORK -- Some in Europe, especially in Germany, seem nonchalant about a Greek exit from the eurozone. The market has, they claim, already "priced in" such a rupture. Some even suggest that it would be good for the monetary union. I believe that such views significantly underestimate both the current and future risks involved. A similar degree of complacency was evident in the United States before the collapse of Lehman Brothers in September 2008.

What Is About To Crash - The Markets, The Economy? Neither, Even If Greenspan (Who?) Says So!

Terry Connelly | Posted 05.19.2015 | Business
Terry Connelly

It's late spring, and the Chicken Littles are back. They don't fly but they do cluck.

The Perfect European City For Older Independent Travelers

Jon Weisberg | Posted 05.07.2015 | Fifty
Jon Weisberg

Like others our age and with years of travel under our belts, my wife and I avoid group travel. We prefer to curate our own itinerary, pack light, explore at our own pace, and avoid the necessity of small talk with fellow travelers we'll never see again.

On the Great Inflation Canard

Steve H. Hanke | Posted 06.02.2015 | World
Steve H. Hanke

Recall that the world of that era was one in which the fixed exchange rates ruled the roost. That's not today's world. Indeed, many important currencies now float. Since the world adopted a flexible exchange-rate "non-system", changes in inflation can strike like a lightning bolt.

5 Places That Use the Euro But Aren't in Europe

Conde Nast Traveler | Posted 05.23.2015 | Travel
Conde Nast Traveler

Think outside the box -- or the continent of Europe -- and get creative with your travel planning. Here are Euro-using places outside of the European continent where your buck will go farther than ever.

5 Reasons You Should Quit Your Job To Travel Now

Clayton B. Cornell | Posted 03.20.2015 | Travel
Clayton B. Cornell

Stop kidding yourself. How long has it been since you said, "If I just get to X, I will take that trip"?

Obama's New $18.152 Trillion Debt

Natalie Pace | Posted 05.17.2015 | Politics
Natalie Pace

We should have until September before the Debt Ceiling debate starts making headlines again. If there is a backdoor deal, there will be an uneasy calm, and relief, on Wall Street. If the debate heats up, then volatility is likely to roil the markets.

Syriza's First 'Defeat' -- What Does It Mean?

Thanos Dimadis | Posted 04.26.2015 | World
Thanos Dimadis

For the moment what matters for the vast majority of Greek people is that for the first time they feel they have a government which, despite its compromises, has proved that it made its best effort to bring Europe back to the table for a fair and equal negotiation about the terms of the Greek bailout program.

9 Places That Are Surprisingly Cheap This Year

SmarterTravel | Posted 04.26.2015 | Travel
SmarterTravel

Call it the year of the bucket list. A strong dollar in destinations around the world is making this an amazing time to go farther and do more for much, much less in 2015.

Grexit for the Good of the Eurozone

Russell Green | Posted 04.25.2015 | World
Russell Green

If the Greeks leave the Eurozone, it would be awful. Both Greece and the remainder of the euro area would experience damaging volatility and uncertainty. But "Grexit" does not have to be all bad.

IOU 240 Euros, It's My Problem; IOU 240 Billion Euros, It's Your Problem!

Terry Connelly | Posted 04.19.2015 | Business
Terry Connelly

The first thing to know is that nobody should sell or buy a lot of US stocks or bonds because of the unfolding late-inning melodrama between the new g...

Austerity Policy or Tool ?

Michael Radou Moussou | Posted 04.13.2015 | Politics
Michael Radou Moussou

Any politician opting this evening for the continuation of the Greek Austerity program should be aware of these facts and try finding a more viable and less amateurish solution for the future not only of Greece but of the entire Eurozone.

Angry Greeks Threaten to Halt European Juggernaut

Doug Bandow | Posted 04.12.2015 | World
Doug Bandow

A breakdown of the European bailout program might make a Greek exit from the euro ("Grexit") the only feasible option. And the popular revolt against outsiders dictating economic policy creates a huge new roadblock to attempts to expand Brussels' power over EU members.

A Greece Reading List (Or, Why The Euro Is Doomed)

Druce Vertes, CFA | Posted 04.05.2015 | Business
Druce Vertes, CFA

Unless the political and economic integration catches up, a sufficiently big crisis will inevitably rip up the Euro zone.