by John E. Charalambakis | Oct 5, 2010 | Commentaries, Uncategorized
The second phase of the global economic crisis (fiscal and consequently sovereign debt) is rearing its ugly head again. News broke on Friday that the government of Ireland would stand behind Anglo Irish Bank with liquidity injections. The bailout of this...
by John E. Charalambakis | Oct 5, 2010 | Commentaries, Uncategorized
“The world was all before them where to choose their place of rest and Providence their guide. They hand in hand with wandering steps and slow through Eden took, their solitaire way.” John Milton, Book XII (that’s how the poem ends) In the most recent...
by John E. Charalambakis | Sep 28, 2010 | Uncategorized
«Ο κόσμος ανοιγόταν όλος ενώπιον τους, τον τόπο αναπαύσεώς τους για να βρουν και η Θεία Πρόνοια οδηγός και σύντροφός τους. Χέρι-χέρι, περιπλανώμενοι, με βήματα αργά διαβαίνοντας απ’ της Εδέμ τον Κήπο κίνησαν για το δρόμο τους μοναχικά» John Milton, Book XII (το τέλος...
by John E. Charalambakis | Sep 23, 2010 | Commentaries, Uncategorized
A few days ago, Vladimir Putin called his annual gathering of academics, journalists, and other analysts a.k.a. the Valdai meetings, at his vacation home in Sotsji, Russia. The leader of the re-emerging Russia desires to establish her as the ultimate frontier of a new...
by John E. Charalambakis | Sep 14, 2010 | Commentaries, Uncategorized
Just a few days ago, Jurgen Stark, a member of the Executive Board of the ECB (European Central Bank) said that German banks would require more capital. According to Basel III agreement that was reached on Sunday, the capital requirements of banks would rise, and at...