It appears that many of us have had quite a bit of a weekend these past days. Sitting here in Barcelona’s airport I can look back at some very nice dinners and conversations in the company of friends and colleagues as well as the odd stroll down La Rambla. I can also look back at some nice cul...

... is getting increasingly difficult at the moment. Take Hungary for example. I take it that most economic commentators and analyst know that it is bad in Hungary and together with Ukraine I would submit that these two face the largest risk of sporting the next global macro blowout (assuming that R...

Once again, I am flattering an entry with a picture taking here in Switzerland where I am currently entertaining courses at HEC Lausance. As you can see, it is a beautiful place and also, as it were, very interesting with respect to tail fume patterns from the enormous amount of airplanes moving bac...

This entry is part 7 of 9 in the series Bretton Woods II RTFA: http://money.cnn.com/2008/11/15/news/economy/g20_m… Remembering Bretton Woods With the crisis showing no signs of abating, several leaders have been trying to advance an agenda for the talks, which some observers have referred to a...

[This note also features over at Global Economy Matters and as per usual when I do these things it is quite big. A list of references will follow later]  Brazil is interesting; not only because of its fabulous nature, its rhytmic and musical heritage, and its (alleged) repository of beautiful women...

I am sure that most of my readers are aware that Iceland, to a somewhat greater extent than the rest of us, are subject to the forces of nature. Being severed by the mid-Atlantic ridge which is a constructive tectonic plate margin cutting across the Atlantic ocean is consequently not for the faint o...

[Update Added Below: Did Bernanke dissappoint markets? 'Only' 75 basis points.]  As the ever succinct Macro Man pointed out yesterday the current situation is not one in which the Devil goes to Georgia to play the fiddle over Johnny's soul but rather Lucifer and his kin are scouring the big Str...

Most eyes these days are centered, and rightfully so, on the steady deterioration of economic conditions in the US and thus by derivative the USD. The last event to keep our gaze fixed was the trouncing of the Bear Sterns stock, a US securities firm, on the back of the news that the Fed had supplied...