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Eurozone

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Although British voters have for decades wanted out of the European Union, that possibility has hitherto been expertly forestalled by a less-than-democratic left-right alliance of London-based elites. Now suddenly all bets are off. In local council elections yesterday, England’s long-suffering grass-roots voters finally rose up. They snubbed both main parties, the Conservatives and Labor, to... Read More
The news overnight is that the European Union has launched an investigation into the corporate tax policies of Ireland, the Netherlands, and Luxembourg. The probe could have major implications for Apple, Google, Microsoft, Amazon, and Starbucks, among many other virtuoso U.S. tax avoiders. As reported by the Irish Times, the named nations stand accused of... Read More
The eurozone may be in turmoil but the investing maestro says the currency will survive. As someone who exchanged some Japanese yen for the euro recently, I have been watching the latter’s gyrations with more than usual interest. My purpose was not to speculate but to finance a real estate transaction, but it is still... Read More
ASTANA, Kazakhstan. “If it bleeds, it leads” says an old media industry maxim. So where the future of the world currency system is concerned, all eyes these days are on the badly battered euro. Almost all, anyway. One observer who has been trying to see beyond the current euro crisis is the Nobel Prize-winning economist... Read More
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PastClassics
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The “war hero” candidate buried information about POWs left behind in Vietnam.
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