Posted by
tas on Jan 17, 2009 in
Oil,
Russia,
World Markets |
1 comment
Having now denied many European countries gas for 10 days, Russia may have brutally exposed the vulnerability of the European Union. But it has also shot itself in the foot and forced the EU to get serious about cutting its exposure to Russian provisions. In the end, Moscow’s only long-term reward may...
Posted by
matttbastard on Oct 6, 2008 in
Economy |
0 comments
So, what did we learn this weekend (besides the fact that Sarah Palin is the spiritual reincarnation of Richard Nixon and John Sidney McCain III has, according Howard Wolfson, jumped the shark)? Well, the European banking crisis is spreading; US bank failures are expected to increase in ’09; US...