Next Crisis: The ECB-induced Sovereign Debt Bubble

By Sam VakninAuthor of "Malignant Self-love: Narcissism Revisited" As 2011 came to a close and in the first months of 2012, the European Central Bank (ECB) initiated a massive injection of liquidity into Europe’s embattled banking system. The ECB provided 3-year...

Merkel Out: Political Crisis in Germany

By: Sam VakninAuthor of "Malignant Self-love: Narcissism Revisited" The only perosn standing between a solution to the eurozone sovereign debt and banking crises and a total meltdown is Angela Merkel. She refuses to countenance a change in the role and charter of the European...

Greece: The morning after

Much of the current media coverage over Greece's debt crisis is focused on how the country is going to raise the funds necessary to cover the $400 plus billion it owes creditors. Scenarios concerning the...

Greece's financial worries European roots

Today Greek prime minister, Giorgos Papandreou is in Russia, yet another stop on an itinerary which has seen him flit across the globe in a desperate bid to secure fresh funding for Greece's troubled economy. ...

Europe’s Banks next Global Worry

Europe's banking system is in far worse shape than the US system. The losses may be bigger, and their capital to meet those losses definitely is insufficient. Europe's banks have been much more aggressive in...

Euro weakens on rate cut evidence

The euro dipped against the dollar and the pound today as currency speculators reacted to an anticipated rate cut by the European Central Bank on january 15. However it is unclear whether the fall is likely to...

England team set to return India by Friday

"Kevin Pietersen and his teammates are set to return to India by Friday to play the two-Test series, the first of which would be shifted from Kevin Pietersen arrives at Heathrow airport from India. (Reuters Photo)Ahmedabad to Kolkata, according to media...

FOREX-Euro breaks through $1.60 on ECB rate outlook

European Central Bank's (ECB) and FED's interest policies differ. ECB seems to be more worried about inflation and FED is more worried about recession. This means that interest rates are not expected to go down in Europe and Euro gets stronger against dollar.The benefit for...

England Coach Steps Down after World Cup Defeat

From the world of Cricket: "Duncan Fletcher will step down as England coach after Saturday's final World Cup Super Eight game against the West Indies, the England and Wales Cricket Board (ECB) said on Thursday. He is expected to be replaced on a temporary basis by England...

Col Sanders to the rescue

http://cricrod.blogspot.com/2006/10/col-sanders-to-rescue.html

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