Did integration succeeed in preventing a Third World War - as was the hope of the founders of the European Union? How stable was the Union after expansion to include many former Eastern bloc nations? What happened following theeconomiccrisis of 2009 - 2011, threats to the Euro, problems with...
Note that Lilico’s scenario is a matter of “when”, not “if.” The sovereign debt of Greece –over €340 billion, or $490 billion — is simply not sustainable at this point. There is absolutely no way Athens can restore fiscal sustainability or boost competitiveness to create the right...
Germany and France put in a “catch up” to their pal Papa in Greece and tell the world that they told him that they are right behind him. Is that Little Timmy G’s voice we can hear in the background? The Letch makes a “tell it like it is” call that mentions Mangler is overh...
Time to look back and reflect on how the year which is about to end developed. Brief recap ofmy 2024. (*). The main experience that we enjoyed together in this 2024 was theroad tripwe did toNamibiaduring the summer holidays. We spent over two weeks driving up and down the country alo...
Pepperstone was one of the first online brokers to introduce a “No Deal Desk” model. The purpose is to eliminate conflicts of interest by giving clients direct access to liquidity sources in the interbank markets. However, as of October 2021, Pepperstone changed its interest rate structure in...
In Germany, the UK, the USA and Japan the erosion of bargaining coverage during the Great Recession was the continuation of a process that had begun much earlier and was not related to regulatory changes during the crisis. Only in a few countries we see a counter trend; in Australia this ...
Interestingly, seldom-visited countries and nation dyads in IB (e.g., Greece–Turkey, Egypt–Saudi Arabia, Kuwait–Iraq) are often the focal point in foundational disciplines such as political science, international relations, anthropology, sociology, and economics. For example, these locations presen...
CHAPTER 6 Global Mass Society The most important development that accelerated contemporary globalization was the universalization of capitalism when the Cold War ended. Capitalism advanced into the separate economic system led by the Soviet Union, which collapsed by 1991. In the name of "free trade,...
and Argentina have all made headlines in this regard. In the cases of Greece and Argentina, both economic collapses were brought about by severe issues with sovereign debt. In both Greece and Argentina, sovereign debt collapses led to consumer riots, a drop in the currency, international bailout...
To be clear, there are no such signs on the horizon. While about a fifth of the foreign currency reserves of the world's central banks have moved away over the last quarter century, from 71% to 58%, that's still a dominant position of strength for the greenback worldwide, let alone ...