Spain's Borrowing Costs Continue To Rise - NPR

Spain's Borrowing Costs Continue To Rise
NPR
The costs have been hovering near levels that sent Greece, Ireland and Portugal into bailouts. A major slowdown in Europe could drag down the global economy, an economic group said. It's the biggest tax revolt in modern Irish history.

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A Greek Exit Could Make the Euro Area Stronger - Bloomberg


Bloomberg
A Greek Exit Could Make the Euro Area Stronger
Bloomberg
An affirmative answer would trigger a cardiac arrest of the Greek economy, as the banking system collapsed and foreign suppliers refused payment in drachmas. The financial system of the euro area, by far Greece's biggest international creditor, ...
Another View: Europe should check woes at the door Green Bay Press Gazette
Dr. Frankenstein's Europe: What a 'Grexit' Might Do to the Eurozone Minyanville.com
Fire Hydrants and Other Random Events Energy Live News
DeHavilland (press release) (subscription)
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This Day, May 23, In Jewish History by Mitchell A. Levin - Cleveland Jewish News (blog)

This Day, May 23, In Jewish History by Mitchell A. Levin
Cleveland Jewish News (blog)
1536: In Portugal, Pope Paul III acting upon the petition of King John III, issued a Bull providing for the establishment of the inquisition based on the Spanish archetype. It lasted until September 1774 with the last auto da fe held in October 1765.

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Austerity Now!: Bold Policy or Huge Blunder - Huffington Post

Austerity Now!: Bold Policy or Huge Blunder
Huffington Post
Conventional wisdom says yes by confusing entire countries with individuals or corporations. Economic history says no. There have been two proven debt killers over the ages. The first is economic growth which reduces the weight of a fixed debt.

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Speech: David Parker - Tough decisions needed to get the economy growing - Voxy

Speech: David Parker - Tough decisions needed to get the economy growing
Voxy
I'm going to show that New Zealand right now is on the wrong course and needs to change - change to an economy that succeeds in paying its way in the world - one that will provide the jobs, growing incomes and lifestyle for all New Zealanders that ...

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Greek economic turmoil presents tough questions, bad consequences - Public Radio International PRI


New York Times
Greek economic turmoil presents tough questions, bad consequences
Public Radio International PRI
said David Marsh, an author of a history of the euro. The financial stresses of the past two years have left that marriage on the rocks. European officials continue to say that a Greek exit is not under discussion. Too much political capital had gone ...
Political and Economic Factors Bode Well for Gold Gold Seek
Greece Exit, Euro-Zone Collapse, Spain and Portugal Will Follow Within 6 Months InvestorIdeas.com (press release)
Is Europe catching? Mid Columbia Tri City Herald
Wall Street Journal (blog) - Khaleej Times
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Eurozone Debt Crisis Part 1: When Mexico was Greece and the US was Germany - Forbes

Eurozone Debt Crisis Part 1: When Mexico was Greece and the US was Germany
Forbes
Several economists point out that Latin and Central America had for centuries (starting with their colonization by Spain and Portugal in the early 1500s) been dependent on international capital for economic development. This had led to a history of ...

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Roman Travel Speeds: An Excellent New Toy - Forbes

Roman Travel Speeds: An Excellent New Toy
Forbes
If you're interested at all in history, especially if you are interested in economic history, you will want to have a look at this new journey calculation tool out of Stanford. It's called Orbis and allows you to work out routes, costs and travel time ...

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Spectacle of Unsuccessful Politicians at G-8 Brings Summiteering To a Low - New York Sun


New York Sun
Spectacle of Unsuccessful Politicians at G-8 Brings Summiteering To a Low
New York Sun
As a group, they are an interesting kaleidoscope of leaders of great nations toiling for their own political well-being and for the welfare of their 900 million people, in eight of the twelve largest national economies (Brazil, China, India, ...

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EU's uncertainty threatens Africa - Independent Online


Independent Online
EU's uncertainty threatens Africa
Independent Online
A rapid appraisal of recent global economic and political events leads to the question: has the world entered the most difficult period in human history, an era where uncertainty, like change, has become a constant to the extent that we can ...

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