Tag Archive

Dollar Rise and International Macroeconomic Instability

A Rising Dollar Lifts the U.S. but Adds to the Crisis Abroad
By PETER S. GOODMAN
Published: March 8, 2009
As the world is seized with anxiety in the face of a spreading financial crisis, the one place having a considerably easier time attracting money is, perversely enough, the same place that started much of the trouble: the [...]

Eastern Mess

VARIABLE VULNERABILITY
By Stefan Wagstyl, February 25 2009
This should have been a year of celebration in central and eastern Europe. It is 20 years since the Berlin Wall fell, the 10th anniversary of Nato’s eastward expansion and five years after the European Union began its enlargement into the region: from the Baltic to the Black Sea, [...]

Eastern Europe into Abyss: Will Also Eurozone Be Sucked into It?

TURMOIL OVER EAST EUROPE
By Stefan Wagstyl in London, Alan Beattie in Washington, and Aline van Duyn in New York

Fears of banking upheavals in eastern Europe and the potential fallout on western Europe yesterday triggered widespread turmoil in global financial markets.
Sharp declines in east European equities and currencies prompted drops in west European bourses and the [...]