Russia’s Opposition Capital Movements
By pwsadmin |
Russian stocks, despite low single digit p/e draws, skidded as 2011 capital flight came in at the $85 billion estimate, ...
Kazakhstan’s Flickering Succession Embers
By pwsadmin |
Kazakh shares slumped 30 percent in 2011 by the MSCI Index as President Nazarbaev marked the 20th independence anniversary with an ...
Central Europe’s Vacated Velvet Touch
By pwsadmin |
As Velvet Revolution Czech icon and former President Havel was mourned, the economic growth forecast changed to flat this year ...
Cyprus’ Undefended Demarcation Lines
By pwsadmin |
Following another ratings downgrade as Fitch’s outlook went negative, Cypriot officials scrambled to scotch talk of joining the EU rescue ...
The BIS’s Diabolical Deleveraging Plot
By pwsadmin |
The Bank for International Settlements’ end-year quarterly survey for the first time presented a comprehensive matrix of European bank emerging ...
Greek Banks’ Nihilistic Network Effects
By pwsadmin |
Greek banks, that will suffer most as the largest group of commercial holders under a proposed 50 percent government debt ...
Latvia’s Off-Key Chorus Call
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Latvia, which has been hailed as a IMF-European post-crisis success as it stoically bore punishing austerity moves, saw popular anger ...
Ukraine’s Jail Joust Jolt
By pwsadmin |
Ukrainian debt was off 10 percent on the EMBI, joining the 40 percent stock market loss as a frontier index ...
Turkey Flotilla Flotsam Formation
By pwsadmin |
Turkish shares continued as emerging Europe’s worst as the Finance Minister characterized the 10 percent of GDP current account deficit ...
Central Europe’s Scant Swiss Miss
By pwsadmin |
Shares in Hungary and Poland, and to a lesser extent in the Czech Republic and Slovakia won a brief respite ...