Word: internationale
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Even with this cautionary measure in place, the nature of markets and a capitalist economy is such that the failure of major institutions is inevitable. The challenge for regulators in our hyper-connected economy is to ensure that such a failure can occur in a systematic and controlled manner. Resolution...
Congress has made useful progress on some of these steps but faces fierce fights against industry lobbyists in the months ahead. Their ability to keep tough protections as well as develop regulations and structures in concert with the international community will determine whether these regulations are meaningless or create a...
With the creation of limited liability companies, the research centers—which had been funded primarily through grants from the National Institutes of Health—will gain access to grants from European entities as well, says Jorge I. Dominguez, the University’s vice provost for international...
Papandreou is certainly raising the stakes. Greece's public finances are in a parlous state, and Papandreou says the government must refinance a large chunk of its fast-growing debt - conservatively estimated at 125% of GDP - or risk defaulting on its loans. He wants E.U. leaders to agree once and...
The effect of this spat has been to push the euro to a four-week low against the dollar as investors fret over the uncertain prospect of support for Greece. The euro closed on Tuesday at $1.35, down from a high of $1.51 in November. "The leaders are hardening positions...