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As the eurozone troubles continue to mount, there is a growing consensus that “muddling” through won’t be enough. Critics say that more immediate and drastic action must be taken, namely by Germany and France, before the negative watch warning for the ratings of France and the regional bailout fund, the European Financial Stability Fund, potentially [...]
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Each year, the Eurasia Group, a global political risk research and consulting company, releases its list of the top risks for the upcoming year. Generally, atop the rankings are a lot of unstable nations ripe for collapse or regional disruption. (Think places like Iran, Iraq, North Korea, Afghanistan and Venezuela in recent years.) This year, [...]
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Pretty funny stuff from Saturday Night Live this weekend, as they brought on fake Bjork to represent Iceland and share her thoughts on the eruption/disruption with fake Larry King. Larry King: “Now, let me get this straight. First, Iceland’s economy collapses, and you ruin all the banks in Europe. Now, your volcano erupts, and you [...]
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The New York Times is providing fantastic coverage of the still-lingering volcanic ash cloud that has been severely disrupting — and in most places completely halting — air traffic in Europe since the Eyjafjallajökull volcano erupted in Iceland on Wednesday. Here is the Times‘ graphic showing just how widespread the airport closures have been. Over [...]
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