News
CNN Money | Greece avoids default ... for now
It looks like Greece will be able to make its latest bond payment next week, thanks to some creative financing.
Market Watch | ECB says Spiegel bond-buying report 'misleading'
A European Central Bank spokesperson, responding to a weekend news report that the institution was weighing a plan to cap euro-zone government bond yields, said Monday that it was "absolutely misleading to report on decisions, which have not yet been taken and also on individual views, which have not yet been discussed by the ECB's Governing Council, which will act strictly within its mandate."
CNBC | Fiscal Brinkmanship Is the Real US Threat
Is America going to plunge off a fiscal cliff? That is the question starting to preoccupy Washington and Wall Street. For as fiscal issues move to centre stage in the 2012 election, America potentially faces three nasty shocks.
Blogs
Economist | Austerity in theory and in practice
Prolonged stagnation in British economic performance is giving ground to the “pro-growth” camp over the austerity advocates within its government.
AEI | More on Paul Ryan’s role on the Bowles-Simpson debt commission
As I have written, Obama directed the panel to pass on health care reform, essentially turning the Bowles-Simpson plan into mostly a tax-hike plan.
