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July 2011

Opinion Eurozone crisis – a constructive response

What the package has done is help to create a fire-break to avoid the spread of contagion throughout the eurozone.

July 2011

News Chinese rating agency Dagong downgrades the U.S rating

The Chinese rating agency Dagong Global Credit Rating Co. has downgraded last Thursday the credit rating of the United States to A +, on negative watch for possible downgrade. The agency had already downgraded the rating of France and (...)

July 2011

Pedagogy Private equity

Private equity funds invest in companies equities in order to take control of them. The shares held by these funds are not traded on financial markets. Their influence is moderate : According to Bain & Company, the global assets they hold is up to 3% of the value of (...)

June 2011

Opinion Euro to gain reserve status and expand in the coming years

According to Michael Story, economist at Western Asset, while some peripheral European countries will be unable to escape restructuring their debt, the euro is unlikely to collapse any time soon as a result, and should in the short to medium term strengthen its position as a (...)

June 2011

Opinion Can the euro survive democracy?

If Greece is allowed to default now, the risk of a confidence crisis and contagion is substantial. The debt of other weak eurozone countries may fall victim to speculators and the market for credit default swaps could experience difficulties (...)

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