Archives for posts with tag: euro

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From Diplomat Artist Buzz –
Looming US Fed rate rise, the economic slowdown in China, falling commodity prices & conflict are the most immediate catalysts for risk to the global economy, but the impact would be most acutely felt in emerging & developing markets.

http://diplomatartist.com/economic-risks-to-downside-says-imf-ahead-of-g-20-chinameltdown/

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By, Ambassador Muhamed Sacirbey
“Grexit” or similar trauma is not about who writes the check but how the future of Europe & Euro-Atlantic institutions is chiseled for this century and beyond.
http://diplomatartist.com/greece-shoved-into-putins-sphere-of-influence/

MONEY BUZZ: CURRENCY MARKETS HINT OBAMA VICTORY, AS DO WORLD FINANCIAL MARKETS AS WHOLE? By Ambassador Mo
Since end of GOP & Democratic Party Conventions, the US Dollar has fallen dramatically with respect to major currencies, particularly the Euro. It is not so much a vote of confidence in the Euro as much as expectation easy money policy of Obama Administration & Ben Bernanke as US Fed Chair will persist for extended period of time.
http://diplomaticallyincorrect.org/blog_post/currency-markets-strongly-hint-obama-victory-as-do-world-financial-markets-as-whole/56425Image

MONEY BUZZ Blog Report: POLITICS FAILING GLOBAL ECONOMY – MORE PHOTO OPS OVER SUBSTANCE, By Ambassador Mo
Broad challenges to global economic health are rising gradually perhaps not yet fully recognized as they seem to be still far out at sea, but may soon crash upon shore like Hurricane Isaac’s storm surge. –MORE & Photo Gallery —
http://diplomaticallyincorrect.org/blog_post/politics-failing-global-economy-more-photos-ops-over-substance/55849Image

MONEY BUZZ Blog Report: ANOTHER “GROUNDHOG DAY” FOR EURO: TRAGEDY OR COMEDY OR CHAOS? By Ambassador Mo
Just as a new day may be dawning, the Eurozone appears to be reliving the previous one. This week will mark something like the 20th high-level meeting of Eurozone leaders in trying to find their way out of current crisis & what might seem to them & us a never ending spiral, or is it repeating cycle? –More–
http://diplomaticallyincorrect.org/blog_post/another-groundhog-day-for-euro-tragedy-or-comedy-or-chaos/54622Image

MONEY BUZZ Blog Report: EUROZONE GREEK TRAGEDY NOT IN FINAL SCENE? By Ambassador Mo
Greece has now pulled off two surprises: victory over Russia into next round of Euro2012 & election results that favor pro-austerity/bailout  coalition Government in Athens. With victory of “New-Democracy Party” in Greek elections, most of EU establishment, for that matter global financial community will breathe relief, for the moment. However, … –MORE–
http://diplomaticallyincorrect.org/blog_post/eurozone-greek-tragedy-not-in-final-scene/54363Image

MONEY BUZZ Blog Report: CHINA CHECKS IN AS AUSTERITY CHECKMATES EUROPE? By Ambassador Mo
Austerity is killing European & global economic health? UN sees the Eurozone financial crisis as biggest global economic threat, & urged a change in course. In meantime, China has just stepped in to stimulate  its own & thus perhaps at the same time save world’s economy.
  –More–
http://diplomaticallyincorrect.org/blog_post/china-checks-in-as-austerity-checkmates-eurozone/53948Image

Blog Report: MERKEL STILL CLINGS TO AUSTERITY LIKE TO BARRY MANILOW COVER SONG? By Ambassador Mo
Preaching austerity like mom urging abstinence to child off to college?— Germany’s Chancellor Angela Merkel may already be on her way out via election defeat next year but she still controls the purse strings of Germany & thus most key joint Eurozone/EU institutions. Merkel hangs to the old scheme of austerity with only limited concessions to the calls for more growth and jobs. –More–
http://diplomaticallyincorrect.org/blog_post/merkel-still-clings-to-austerity-like-to-barry-manilow-cover-song/52740Image

UNdiplomatic TV Blog Report: YAWN AT G-8 – WHERE IS CARLA AT CAMPFIRE? By Ambassador Mo
Carla Bruni is alone back home with her guitar & ex-President husband. Carla Bruni at Camp David to sing love songs around the campfire might have been a welcome pick-me-up for this uneventful, no, boring G-8 Summit? All of the leaders do not miss her husband Nicolas Sarkozy, well except Angela Merkel who had become very cozy with him politically as the other pillar of austerity. –More–
http://diplomaticallyincorrect.org/blog_post/yawn-at-g-8-where-is-carla-at-campfire/52462Image

Blog Report: GREECE UNZIPS & AUSTERITY COMES UNDONE, By Ambassador Mo
Germany’s Angela Merkel & advocates of austerity have more to worry about even than Greece if the latter unzips from the Euro. Most of the rest of Europe had hoped to first bandage & then isolate Greek economic pain. It was an open secret that most were ready to unmoor Greece from the Euro but all in due time when the process would not put at risk bigger European banks/investors. –More–
http://diplomaticallyincorrect.org/blog_post/greece-unzips-austerity-comes-undone/52157Image