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More Greek trouble ahead?

Greece Tragedy

Well, things are getting to the critical stage now as regards the ongoing Greek tragedy. It’s clear that the country’s prime minister Tsipras has removed his finance minister Varoufakis from any and all contact with anyone in Brussels, Berlin, Frankfurt and Strasbourg, in an attempt perhaps to defuse some of the acrimony that resulted from More...

by Ian Williams | Published 3 years ago
Eurozone Problems
By Ian Williams On Sunday, March 22nd, 2015
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Eurozone Implosion ahead?

So, Spanish banks can’t be in quite as bad a shape as the media would like us to believe – Sabadell Bank has just spent about $2bn buying the UK’s TSB Bank. Mind you, given the way banks can seem More...

Asian Infrastructure Investment Bank (AIIB)
By Ian Williams On Tuesday, March 17th, 2015
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Defying the United States, European allies say they’ll join China-led bank

The more time goes by, the more it seems that the USA is losing its grip on its position as the world’s most important country as regards banking domination. It likes to be able to police all banks everywhere, More...

USA Economy
By Ian Williams On Saturday, March 14th, 2015
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Headwinds for the USA Economy

It’s not Greece that’s in the headlines today – for a change! Mind you, there’s plenty going on behind the scenes in that respect, more of which later. Today however it’s the USA that More...

Yanis Varoufakis
By Ian Williams On Wednesday, March 11th, 2015
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Greece Turns to Bank Rescue Fund for Lifeline

You may be beginning to wonder why I regularly write about Greece and its ongoing problems. The reason is simple – while the mainstream media seems to be distracted very easily from what may well prove to More...

Austria and Greece Problems
By Ian Williams On Tuesday, March 3rd, 2015
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Heta Senior Bonds Plunge as Austria Cuts Off Aid to Bad Bank

Well, it wasn’t Greece that was the most interesting/potentially dangerous country yesterday – it was Austria, where its so -called “bad bank”, Hypo Alpe Adria, effectively went bankrupt. More...

Germany's Bundestag
By Ian Williams On Friday, February 27th, 2015
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German MPs approve Greek bailout extension

Today the focus is still on Greece – Germany’s Bundestag voted on the deal to extend and pretend regarding the Greek bailout. Of course the vote was a ‘Yes’ because Angela Merkel has already More...

Central Bankers
By Ian Williams On Tuesday, February 24th, 2015
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Currency Wars and the Race to the Bottom

It’s a day for central bankers to say what they think – or perhaps say what the politicians want them to say…. The UK’s BoE governor is hinting at interest rate rises to come, and we eagerly More...

Greece Bailout
By Ian Williams On Tuesday, February 17th, 2015
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What next for Greece after talks stall?

Well, a perhaps unsurprising end to the Greek/EZ talks in Brussels last night, with Greece absolutely determined to stick to its “negotiating” position of not budging a millimetre as regards extending More...

Germany may compromise with Greece
By Ian Williams On Friday, February 13th, 2015
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Greece bailout talks: Compromise possible, says Merkel

The Greek fiasco continues then – today, it’s being suggested that both Greece and Germany may “compromise”. “Technical discussions” are being held ahead of Monday’s crunch More...