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Gene Ellis

The euro crisis: The most important number | The Economist - 0 views

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    Why decreasing unemployment is the criterion...
Gene Ellis

Brazil Registers Anemic Growth in 3rd Quarter, Surprising Economists - NYTimes.com - 0 views

  • including its byzantine bureaucracy and woeful public schools.
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    Brazil low growth includes structural dilemmas, including byzantine bureaucracy and woeful public schools
Gene Ellis

South Africa Corruption Fuels Battle for Political Spoils - NYTimes.com - 0 views

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    Global Ec. Relations - difficulties of rent-seeking in many societies
Gene Ellis

The Matchmaker - The Boston Globe - 0 views

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    Great piece on Nobel Prize winner on Al Roth and medical 'match-making.'  Use in Global Economic Relations.'
Gene Ellis

Euro zone, IMF agree on Greece aid deal - The Washington Post - 0 views

  • To reduce Greece’s debt pile, ministers agreed to cut the interest rate on official loans, extend their maturity by 15 years to 30 years, and grant Athens a 10-year interest repayment deferral.
  • They promised to hand back $14 billion in profits accruing to their national central banks from European Central Bank purchases of discounted Greek government bonds in the secondary market.
  • They also agreed to finance Greece to buy back its own bonds from private investors at what officials said was a target cost of about 35 cents in the euro.
  • ...4 more annotations...
  • Draghi
  • a break from the era of missed targets and loose implementation towards a new paradigm of steadfast reform momentum,
  • Greece, where the euro zone’s debt crisis erupted in late 2009, is the currency area’s most heavily indebted country, despite a big “haircut” this year on privately held bonds.
  • The key question remains whether Greek debt can become sustainable without euro-zone governments having to write off some of the loans they have made to Athens.
Gene Ellis

BBC News - What could happen next if Greece leaves the eurozone? - 0 views

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    NICE GRAPHIC OF ALTERNATIVES WITH NOTES...
Gene Ellis

Europe Eyes Trade Pact With Obama - NYTimes.com - 0 views

  • “A car tested for safety in the United States could be sold in Europe without further tests, while a drug deemed safe by Brussels would not have to be approved as well by the U.S. government,” according to a Reuters report that cited examples of the benefits of a free-trade agreement.
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