Economics,Politics
EU viewpoints on Cameron's Europe speech
24.01.2013 09:36
BBC: I agree with him that in Europe we need more democracy and more competitiveness. Therefore we need stronger European rules to get that.
I think a referendum in the UK would need a debate not just at the tabloid level. A debate about the pros and cons of membership can be...
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‘Strong Dollar’ Is Lie Told in New Currency War
23.01.2013 12:48
Bloomberg: Jack Lew’s first act once he becomes U.S. Treasury secretary will be to tell a lie.
On Day One as Timothy Geithner’s successor, Lew is bound to say “I support a strong dollar” to reassure markets that there will be no change in long-standing U.S. policy. Nothing could be further...
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Draghi Says ‘Darkest Clouds’ Over Europe Have Subsided
23.01.2013 12:46
Bloomberg: European Central Bank President Mario Draghi suggested the worst of the sovereign debt crisis may be over, saying the “darkest clouds’ over the euro area have lifted due to decisive policy steps last year.
“We can begin 2013 on a more confident note, precisely because...
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Cameron promises Britons straight choice on EU exit
23.01.2013 12:45
Cameron ended months of speculation by announcing in a speech the plan for a vote sometime between 2015 and the end of 2017, shrugging off warnings that this could imperil Britain's diplomatic and economic prospects and alienate its allies.
Cameron said Britain did not want to pull up...
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Davos leaders uneasy over glut of easy money
23.01.2013 12:43
(Reuters) - The world is awash in easy money, with consequences that are starting to worry some central bankers and business leaders at the Davos World Economic Forum (WEF), though so far inflation fears seem overdone.
With developed world government finances constrained by huge...
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The Swiss turn on the super-rich
23.01.2013 12:43
(Reuters) - In February 2008, Thomas Minder, a Swiss businessman whose family-owned company is best known for its old-fashioned herbal toothpaste, attacked his banker, UBS Chairman Marcel Ospel, as if he were a form of stubborn plaque. At a shareholders' meeting in Basel, he...
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Falling CEO confidence sets scene for anxious Davos
23.01.2013 12:42
(Reuters) - Chief executives are less optimistic about short-term growth prospects for their companies than a year ago, according to a survey that offers a reality check on rising stock markets.
Business leaders and policymakers are meeting in Davos in cautious mood, with much of Europe in...
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Davos bosses hunt $5 trillion new revenue in low-growth world
23.01.2013 12:41
(Reuters) - Business leaders in Davos have plenty to worry about, from the euro zone to global geopolitical upheavals, but at heart their problem is simple: how to find new revenue in a low-growth world.
Half a decade on from the financial crisis, investors want to...
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U.S. Budget Discord Is Top Threat to Global Economy in Poll
23.01.2013 12:11
Bloomberg: Global investors say the state of the U.S. government’s finances is the greatest risk to the world economy and almost half are curbing their investments in response to continuing budget battles, a Bloomberg poll shows.
With the government within weeks of reaching its...
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Banks Too Big to Manage Find Davos Vows Too Hard to Win
23.01.2013 10:24
Bloomberg: Leaders of the world’s biggest banks, from Citigroup Inc. (C)’s Vikram Pandit to Barclays Plc (BARC)’s Robert Diamond, have failed to honor promises made in Davos to restore trust in their industry after the financial crisis.
UBS AG (UBSN) Chairman Axel...
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