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On 1 January 1999, the euro was introduced to the international financial market. Three years later, on 1 January 2002, it was formally launched and entered into circulation. Thus, on 1 January 2012, albeit like a child on a sick bed in a hospital, the currency celebrates its tenth birthday anniversary. It is probably...
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A major player has left the poker game; for reasons which are unclear. The game continues and the stakes are raised. The player who left the game is still in the room. His playing partners are not happy and would like the player to rejoin the game. However, the player’s wife is happy as...
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The use of history is a critical element in the planning process in devising plans and methods. We use analysis, reports and our own experience to assess and judge plans and planning. History and analogies used in the process are used to generally advocate for or against a challenge that we are faced...
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Europe and Latin America will probably be back at the center of Spanish foreign policy. The new government might also realize that Latin America in particular deserves stronger attention. It might find that with a few million Latin Americans living and working in Spain, a heavy presence of Spanish firms in the region,...
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In reality, we are no Europeans. We are British. We drive on the left, they drive on the right. We are proud of who we are. We are international and open to the world for business. So, we sold UK Electricity to EDF of France. We sold British Water and British Gas. We sold...
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Now more than at any time in the past, it is essential that OPEC’s objectives of ‘steady income’ and ‘fair return’ are achieved for a secure energy future. Love it or loathe it the world needs oil to function. The reserves of easily accessible crude on land are being depleted rapidly and have...
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“The current reforms that are underway, both in the US and in the EU – despite the conflicting approaches – are at least indicative of a consensus on the need for reform of the CRAs. There are weaknesses in both approaches, but it is difficult to see how the US/UK approach is going...
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Rightly or wrongly, Greece is perceived as being wrong on the issue of Macedonia. Within the European Union, other than Greece, all member states recognise Macedonia as the constitutional name for the country which Greece insists should be called “the former Yugoslav Republic of Macedonia” (FYROM). Resulting from this is the fact that rather than building cooperation, seeds...
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It is now obvious that the current system does not work properly. There need to be changes made to the regulatory regime applying to credit rating agencies in their role of providers of private issuance and credit-worthiness ratings. Their current role of providing ratings, purportedly of the credit-worthiness, of national governments (i.e. rating...
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Sorry but eurozone.exe has stopped responding. This may be due to a number of reasons. Your system may be badly configured or it might have been corrupted. The problem might also be due to conflicting protocols or malware infections. The system cannot find the task manager and it is running low on memory. Please shut down...
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Some Notes & Comments