Tag "Euro"
Four risks associated with Lithuania’s euro adoption
Lithuania is on track to become the 19th member of the eurozone, given that the country has finally met all convergence criteria. Yet the intense desire for further integration in
US Decline Series: Are the dollar’s days as reserve currency numbered?
Despite speculation that the days of the US dollar as the world’s reserve currency will soon be over, a number of factors make such a changing of the guard unlikely. This
Without the pound, independent Scotland has more questions to answer
In ruling out the possibility of a shared Pound, the UK Parliament created a great deal of uncertainty for how financial markets will operate in an independent Scotland. It is
Strong British Case in EU Clash over Banking Bonuses
The UK is taking legal action against the EU, the cause being disagreement over banking bonuses. It is another case among a flurry of legal actions against EU rules, such
Kazakhstan Pegs Tenge to Foreign Currency Basket
Starting September 2nd, Kazakhstan will peg the tenge to a basket of foreign currencies, effectively ending the managed float that was put in place in March 2011. The basket will
Global imbalances put pressure on the Dollar
Trade imbalances put the Dollar at risk, at state of affairs that is overdue for a correction, as China matures and the U.S reins in consumption. Perhaps the most fundamental
Margaret Thatcher’s prophetic prediction of the Euro’s sorry state
Margaret Thatcher’s prediction about the prospects of the Euro appears to be ringing true, as Euroskepticism sweeps the Continent. Thatcherism spread like wildfire as the dominant macroeconomic doctrine through the
