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As the line separating Marine Le Pen and Nicholas Sarkozy becomes more and more blurred and both are using identical manifestos, it is hoped that the shine might be taken out of Marine Le Pen’s chances at the polls. She has character. If she makes 20 promises, she is likely to keep 15. Sarkozy’s...
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As unemployment continues to ravage southern Europe and the economies shrink, a number of questions are being asked: How much solidarity could the North show to the South? How could this be done? Is it realistic or fair to expect taxpayers in some countries to bail out the others that have been less than...
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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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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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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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Some Notes & Comments