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 …
Political candidates say things are bad now. And media ratings jump whenever they can find a disaster to feature. The reality is quite different.
Uncertainty surrounds the outcome of the non-binding Brexit vote. This piece lists the uncertainties and draws limited conclusions based on what we know to date.