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Welcome back to crisis-land

Returning to London after a week of absence from European drama and the news around it is like coming back to watching a TV show after missing four episodes: The plot is still kind of the same but...

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In Europe, the rate of concern keeps rising

If we think about for how long concerns about the eurozone have been growing already, it makes me wonder just how muchconcern is necessary (also, is this a compounded rate of concern?), before it turns...

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The correlation between soccer and political power

At least now we know what it was really about… the peripheral problem children win the soccer and Europe agrees on the most egalitarian strategy yet, introduces eurobonds, makes Germany equal to...

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China slows less badly, Russia gets even more say in oil

In all the mess, at least China seems to be doing better. After six quarters of downturn in the economy, the slowing continues in a much more positive fashion. Q3 GDP growth came in at 7.4%, as...

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Black Monday: 25 years later, the world hasn’t learned much

Half time at the EU summit, we don’t have much but a step forward on the banking union front. From 2013 on, “a single supervisor“, i.e. the European Central Bank, will monitor certain undecided actions...

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UK vs European budget; FSB vs shadow banking

After the UK has demanded higher budget cuts in the next long-term EU budget, followed by Germany’s threat to blow off the budget negotiations altogether, planning is now going ahead without British...

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