What’s a Swiss central bank to do?

As has been well documented, the Swiss franc’s relentless rise has been causing no end of headaches. Swiss exporters, Swiss banks and even Polish and Hungarian mortgage holders have all been affected. The Swiss National Bank, meanwhile, is stuck between a rock and a hard...

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EURO-Too Big to Fail or Too Big to Bail?

The massive contagion from the small periphery to the big bond markets of Italy and Spain has turned into ‘the’ real problem for policy makers. This is what happens when you treat the symptoms and not the cause. All along the Eurozone has needed strong...

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German ‘Nein’ leaves Italy and Spain in turmoil

via telegraph.feedsportal.com Euro plunge this morning attributed to Christine Lagarde & remarks about Greece in which she said “nothing should be taken for granted on Greece” which has been taken to mean that further bailout will not be forthcoming. Markets will be waiting on outcome...

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Time Running Down for US Debt Debate

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