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WASHINGTON -- For most Americans, Europe is out of sight and out of mind. We figure that the worst of its debt crisis has passed. Italy has a new government. To mute social unrest, some countries are slightly relaxing austerity policies. The European...
WASHINGTON -- The International Monetary Fund recently held a conference that should concern most people despite its arcane subject -- "Rethinking Macro Policy II." Macroeconomics is the study of the entire economy, as opposed to the examination of...
The world is experiencing a population boom of people who are absolutely rolling in money. And they're hungry for houses. Lately, they've acquired such trophies as an $88million penthouse in Manhattan, N.Y., a $117million estate in Northern California...
After Monday's plunge of almost 266 in the Dow Jones industrial average, investors were buying again Tuesday, pushing up stocks more than 157 points despite an International Monetary Fund report pointing to a far weaker economy than Wall Street's cheery...
What's a Slovenian with several hundred thousand euros in the bank supposed to do? Spread it out among at least a few different banks, that's what. Or move the money out of the country, while it's still possible. Imagine what must be on the minds of...
Cyprus is a very small nation in the eastern Mediterranean. It has a long history of battling for survival against land-grabbing invaders. It has a population only six times greater than what we have in Imperial County. We share something in common:...
WASHINGTON -- Logically, what happens in Cyprus should stay in Cyprus. With a population of just over 1 million and an economy that's a mere 0.2 percent of the 17-nation eurozone, the country seems too small to matter on the world stage. Yet, that's where...
In most countries that experience a fiscal crisis, there is no ambiguity about the situation. The government is unable to sell debt at a reasonable interest rate. This probably coincides with a broader shift out of domestic assets, as smart investors...
WASHINGTON -- Sequestration is not the best time to be doling out foreign aid, surely the most unpopular item in the federal budget. Especially when the recipient is President Mohamed Morsi of Egypt. Morsi is intent on getting the release of Omar Abdel-...
WASHINGTON - Sequestration is not the best time to be doling out foreign aid, surely the most unpopular item in the federal budget. Especially when the recipient is President Mohammed Morsi of Egypt. Morsi is intent on getting the release of Omar Abdel-...
Just when the economy could use an extra lift, Americans seem poised to provide it. They are in the mood to do a little shopping. Calling it a "shopping spree" would be going too far. But with the holiday season drawing near, and the global economy stuck...
Consumers are more cheerful than at any time since before the economic crisis, yet business executives and the International Monetary Fund are wary. The contrasts in last week's economic and corporate data were stark. The consumer confidence numbers from...
May 2, 2013 |Column| Orlando Sentinel
Apr 22, 2013 |Column| Orlando Sentinel
Mar 24, 2013 |Column| Chicago Tribune
Apr 17, 2013 |Column| Chicago Tribune
Apr 1, 2013 |Column| Allentown Morning Call
Mar 25, 2013 |Column| Imperial Valley Press Online
Mar 20, 2013 |Column| Orlando Sentinel
Mar 18, 2013 |Column| Allentown Morning Call
Mar 11, 2013 |Column| Orlando Sentinel
Mar 10, 2013 |Column| South Bend Tribune
Oct 17, 2012 |Column| Chicago Tribune
Oct 14, 2012 |Column| Chicago Tribune
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