Eurozone Imbalances at a Glance

Edward does a nice job to sum up the flurry of the past week which saw the ongoing problems in Greece elevated to a full fledged systemic crisis in the Eurozone economy which, if it ultimately blows, will have ramifications far beyond the borders of the European continent. Being a firm believer in the . . . → Read More: Eurozone Imbalances at a Glance

The Cutting Edge of Indian Financial Reform

In recent years, there has been an upsurge of difficulties in Indian finance, rooted in the `financial regulatory architecture’ – the block diagram of which agency does what. A lot of what is found in India’s present block diagram is rooted in obsolete legislation.

On the SEBI/IRDA problem about ULIPs, Vivek Kaul is writing . . . → Read More: The Cutting Edge of Indian Financial Reform

Buffett on U.S. Economy: “Significant Improvement”

Over the weekend, Warren Buffett, was reported to say that the economy is showing significant improvement for the first time since the financial crisis of 2008 and 2009.

There is “significant improvement” at Berkshire’s industrial units, including Marmon and metalworking company Iscar, he said Sunday, expanding on comments he made a day earlier at . . . → Read More: Buffett on U.S. Economy: “Significant Improvement”

Economic Events on May 3, 2010

The figures for motor vehicle sales in April will be released today.  The consensus estimate is that 8.8 million autos were sold in April, which would be the same number of autos sold in March.

At 8:30 AM EDT, the monthly Personal Income and Outlays report for March will be released.  The consensus for . . . → Read More: Economic Events on May 3, 2010