Financial
and economic aspects of the Ukrainian crisis: a helpless West facing a serious
risk of a Ukrainian default
According
to LEAP/E2020, the US and EU are no longer in a position to impose effective
sanctions on Russia, especially since India and China seem to favour Russia’s
stance. More disturbing is our assessment that the EU and the US are not in a
position to support the new Ukrainian government financially. The real problem
for the Ukraine is not Crimea but the coming austerity and financial chaos, we
think a Ukrainian default and financial collapse is very likely...
Bundesbank's
Weidmann: Deflation risks are 'pretty limited'
The
European Central Bank (ECB) reaffirmed that it is ready to use
"unconventional instruments" if euro zone inflation remains
stubbornly low, but also said the expectation is inflation will gradually rise
over the future...
NATO mulls
US troops in eastern Europe
NATO's
chief military commander in Europe has suggested deploying American troops to
alliance member states in eastern Europe as a countermove to the Russian
military threat against Ukraine...
Dollar hit
by Fed, Swedish crown stung by inflation shock
The dollar
fell to three-week lows versus the yen and the Swiss franc on Thursday after
minutes of the Federal Reserve's March meeting disappointed investors
positioned for a gradual tightening in monetary policy...
Asia should
explore establishment of regional security cooperation framework: premier
Asian
countries should build consensus, make active efforts and jointly fulfill their
due responsibilities to achieve peace and stability in Asia, Chinese Premier Li
Keqiang said on Thursday...
Xinhuanet
Crise ukrainienne : un coup dramatique porté au rapprochement
Euro-BRICS et à l’émergence du monde multipolaire
Si le sort de l’Ukraine est bien à plaindre, la vraie cible
de la manœuvre est l’Europe, là encore l’indépendance et la liberté de l’Europe
pour être précis. En effet, la dégradation considérable qui s’ensuit de la
crise pour les relations Euro-Russes jette l’Europe dans les bras d’une
Amérique-OTAN évidemment prête à la recevoir. L’Europe perd donc elle aussi sa
liberté par le déséquilibre induit sur ses relations extérieures...
China Sets
Hong Kong-Shanghai Trading Deal
It was a
seven-year wait, but China on Thursday finally announced a plan to allow
two-way investment between the Shanghai and Hong Kong stock exchanges...
Russia
condemns NATO for 'Cold War-era rhetoric'
Russia has
condemned the secretary general of NATO for "zealously reproducing Cold
War-era rhetoric," as tensions between the 28-nation alliance and Moscow
simmer over the ongoing crisis in Ukraine...
Tokyo TPP
talks end in stalemate
Two days of
intensive negotiations between U.S. and Japanese trade representatives ended
Thursday in failure as the two sides failed to break the deadlock over the
Trans-Pacific Partnership talks, clouding the prospects for a summit between
U.S. President Barack Obama and Prime Minister Shinzo Abe later this month...
India
elections: millions turn out in first big day of voting
Millions of
people have turned out to vote across Delhi and the crucial state of Uttar
Pradesh amid tight security on the first big day of the Indian general
election...
The Guardian
François Hollande en visite dans un Mexique en pleine
mutation
Des réformes structurelles lancées pour relever une
croissance sous les 3 %. La réforme du secteur de l'énergie, jugée prioritaire,
est lancée...
Putin
instructs lenient gas policy with Ukraine
"Given
the difficult situation Ukraine is currently in, and the incompletion of our
negotiating process with the European Union, I would ask the government to
refrain for now from applying any options arising from the contract,"
Putin told a government meeting...
Welcome to
the Currency War, Part 15: Europeans Ordered to Start Consuming
For the
past couple of years the European Central Bank has been the only sane inmate in
the asylum. Unfortunately, in a crazy world being sane just gets you into
trouble. Sound monetary policy leads to a strong currency, which in a currency
war is tantamount to unilateral disarmament...
Markets
Absorb Greece's Bond Market Return
Markets in
Europe traded in fairly narrow ranges Thursday as the successful return of
Greece to bond markets following a four-year absence helped further steady the
nerves following a turbulent start to the week...
Exclusive:
Housing bubble brewing – prices are now unaffordable for middle earners, says
Business Secretary Vince Cable
Home
ownership has now become “unaffordable” to people on middle incomes, Vince
Cable admitted, as he warned that the bubble developing in the housing market
could be more serious than during the last property crash...
Did
Michigan just trigger 'constitutional convention'? Bid gains steam
Momentum is
building behind what would be an unprecedented effort to amend the U.S.
Constitution, through a little-known provision that gives states rather than
Congress the power to initiate changes...
.......................................
This
special Press Review reviews articles from the French and Engligh-speaking
international online media relating to the unfolding global crisis.
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