Ailing Belgium could be game changer
James Saft is a Reuters columnist. The opinions expressed are his own. Just when it looked like Spain would force the euro zone to get serious about destroying its crippling debts, here comes plucky...
View ArticleMuch depends on, gulp, German consumer
If the euro is going to survive without a Depression, German consumers are going to have to behave in ways that are, well, distinctly un-German. While attention is focused on the suffering that the...
View ArticleECB set for an error for the ages
In a field of endeavor with a long and glorious history of folly, the European Central Bank is preparing to commit an error for the ages: hike interest rates into the face of a crisis of existence for...
View ArticleEurope, cooperation and train wrecks
James Saft is a Reuters columnist. The opinions expressed are his own. HUNTSVILLE, Ala., Aug 30 – In an unintended irony for a continent with a great public transport infrastructure Europe’s debt...
View ArticleSwitzerland ties itself to euro mast
James Saft is a Reuters columnist. The opinions expressed are his own. HUNTSVILLE, Ala. – It is clear we are living in a strange world when Switzerland, that most euro-skeptic of nations, has tied its...
View ArticleOne-note Geithner’s leverage song
James Saft is a Reuters columnist. The opinions expressed are his own HUNTSVILLE, Ala. – Tim Geithner went a very long way on Friday to accomplish very little, flying to Poland to pitch to the...
View ArticleEurope up a creek with no central bank
James Saft is a Reuters columnist. The opinions expressed are his own HUNTSVILLE, Ala. – Europe is demonstrating that a sovereign nation without a true central bank is just an uninsured bank, liable to...
View ArticleEurope’s coming credit austerity
By Jim Saft James Saft is a Reuters columnist. The opinions expressed are his own. Having demonstrated how poorly austerity worked in Greece, Europe may be on the verge of giving it a try in credit...
View ArticleTechnocrats can’t cure the contagion
James Saft is a Reuters columnist. The opinions expressed are his own. Now it is Spain. The message from markets is not so much that Italy is too big to fail but that Greece will fail and in doing so...
View ArticleEuro woes to spread via credit
James Saft is a Reuters columnist. The opinions expressed are his own. A sharp cut back in lending by euro zone banks in their scramble to raise capital will prove an important channel spreading pain...
View Article
More Pages to Explore .....