The Independent Evaluation Office of the International Monetary fund just completed a review of its role in the Greek, Irish, and Portuguese economic crises. It missed some important points.
The article attempts to explain why the Eurozone is unworkable by highlighting differences between its members and states in the US. In addition, the issue of whether the European Union will survive is discussed
The second quarter results from Xinyuan (XIN) sound good. Table 1 summarizes data from CFO Liu’s statement at the earnings call. Sales are up. Area sales are up but not by as much (possibly because a greater portion of …