The Latest Greek Deal: an Excel Sheet Fantasy

Published on Social Europe, by Daniel Munevar, May 27, 2016.

new agreement has been reached between Greece and its creditors regarding its bailout program. Jeroen Dijsselbloem, president of the Eurogroup, has described it as “ambitious” and a “major breakthrough”. However, a look at the details shows that it’s anything but.   Continuer la lecture de « The Latest Greek Deal: an Excel Sheet Fantasy »

Disaster in the Makin, the Many Failures of the EU-Turkey Refugee Deal

Published on Spiegel Online International, by Riham Alkousaa, Giorgos Christides, Ann-Katrin Müller, Peter Müller, maximillian Popp, Christoph Schult and Wolf Wiedmann-Schmidt, May 26, 2016.

Many viewed it with skepticism from the start and now, the Brussels-Ankara refugee deal is in danger of collapse. Refugees are being locked up in Turkey and it looks as though the best educated Syrians are not being allowed to continue to Europe.   Continuer la lecture de « Disaster in the Makin, the Many Failures of the EU-Turkey Refugee Deal »

The Foreign Policies of Sanders, Trump, and Clinton

… America and the world in 2016 and beyond – Published on New Politics, by Joanne Landy, May 20, 2016 (will appear in the Summer 2016 issue of New Politics).

… BERNIE SANDERS

The Sanders campaign has been a breath of fresh air on the American political scene. Bernie has taken into the political arena the Occupy movement’s outrage at the domination of the United States by the one percent. Whether or not he wins the nomination, his astounding success is a sign of the real potential for a new kind of politics in the country—inspiring whether or not one shares his Democratic Party strategy … // Continuer la lecture de « The Foreign Policies of Sanders, Trump, and Clinton »

Price discovery during anomalous market trading

… the Lehman Brothers case – Published on VOX EU.org, by Thomas Gehrig, May 25, 2016.

During normal operations, price discovery is an important feature of decentralised market trading. But the process can be distorted when markets are under great stress, such as during the run up to the collapse of Lehman Brothers in 2008. This column uses trading data from the days leading up to and following the collapse to show that price discovery at US stock exchanges remained remarkably efficient, even at the height of the turmoil.   Continuer la lecture de « Price discovery during anomalous market trading »