Bundestag Approves Increase in EFSF Fund
There is an expression in German soccer that says: after the game is before the game. You may have won or lost one game but the next one is fast approaching, sometimes with little time to prepare…the German Bundestag was an important “game” for the Chancellor to prove that she has sufficient support to push her agenda forward.
Economic Impact of the Deutsche Börse-NYSE Euronext Merger on the EuropeanFinancial Markets
As the eurozone crisis continues to build, the possible ramifications for the U.S. of a European economic disaster, such as a Greek default, are taking center stage. While political rifts have been exposed at the hands of the crisis, so has the depth of financial interdependence between both sides of the Atlantic. A recent report on the financial impacts of the Deutsche Börse-NYSE Euronext exchange merger by Prof. Dr. Henrik Enderlein, Associate Dean and Professor of Political Economy at the Hertie School of Governance and a frequent participant at AICGS programs, shows that the overall financial stability of the U.S. and Europe are deeply interconnected, as is their standing in the global markets.
Doha or Dada
Klaus Deutsch, Deutsche Bank Research, provides an analysis on the Doha Round in the World Trade Organization and what the consequences could be if the world’s major trading partners fail to reach any agreement before the talks will presumably end.
