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Ukrainian Troops March To Regain Control Of Eastern Regions

Posted on April 15, 2014

ukraine-violene

Ukraine’s acting president said Tuesday that a military operation to wrest control of cities in eastern Ukraine from pro-Russian militants has begun. Oleksandr Turchynov said that the “antiterrorist” operation began in the early morning hours in the northern Donetsk region, where the majority of the cities commandeered by pro-Russian forces are located. “Overnight, an antiterrorist […]

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European Quantitative Easing Hinges On… German Vacation Spending?

Posted on April 8, 2014

spring-break

Whether or not the European Central Bank will take the quantitative-easing plunge is on the minds of investors around the world, including in the U.S. But in the end, the decision, or at least it’s timing, could revolve around German holiday-makers and the prices they pay for their spring vacations, argues Standard Bank’s Steven Barrow. […]

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Ukrainian Unrest Continues As Pro-Russian Citizen’s Riot

Posted on April 7, 2014

Ukrainian-riots

Anti-government protesters calling for closer ties with Moscow seized regional government headquarters in two cities in Ukraine’s east on Sunday, in the most serious unrest there in the past month. Around 200 pro-Russian demonstrators broke into the government building in the industrial city of Donetsk, raising a Russian flag and demanding the local council call […]

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Crimea to Vote on Whether To Rejoin Russia

Posted on March 13, 2014

Crimea-Russia-Vote

As Secretary of State John Kerry prepares to meet his Russian counterpart in London for last-ditch talks Friday aimed at averting a rushed referendum on Crimea’s reincorporation into Russia, neither Russia nor the separatist authorities in Crimea show any sign of backing down. President Obama’s decision to send Kerry comes just two days after the […]

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Today, PIGS Can Fly. How Long Will It Last?

Posted on January 15, 2014

Flying Pig

The bond market is finished? You can only lose money in it from now on? That was very much the consensus in the market at the end of last year. But no one told investors in Europe. The one roaring trade for the start of 2014 has been euro-zone peripheral debt, with yields tumbling in […]

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Romanian Ads Stick It to the British Government

Written by Gary North on September 17, 2013

Some idiot in the British bureaucracy launched an ad campaign bad-mouthing Great Britain, in order to keep foreigners from moving to the UK. An ad agency in Romania spotted an opportunity. It launched a “visit Romania” Internet ad campaign. The campaign was funny. Viral marketing took over. Then the company created a site where Romanians […]

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The Swedish Welfare State Is on Fire.

Written by Gary North on May 27, 2013

Stockholm’s rioting goes on, night after night. The police seem powerless to stop this. Immigrant youths are in the streets, burning cars that belong to immigrant adults. Certainly, wandering around Husby last week, it was hard at first glance to see quite what the problem was. Built in the 1970s as part of the “Million […]

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Keynesianism Fails in Europe.

Written by Gary North on May 17, 2013

Europe is in a recession. France is in recession. Greece has been in recession for six years. Cyprus has been in recession for three years. Germany just barely pulled out this month. Spain has 27% unemployment. It’s getting worse in Europe. Yet this is where Keynesianism is supposed to work best. There are welfare states. […]

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Youth Without Hope: 60% Unemployment

Written by Gary North on May 14, 2013

Greece has a 60% unemployment rate for people in the 18-25 age bracket. Think of this. This is a generation that is unlikely ever to save their career plans out of the recession that has overtaken Greece and is getting worse. It will mar them for the rest of their lives. The experts said this […]

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