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Europe

Summer spreads out the spread

(27 07 2012) Judith Harris

The upward surge of the spread to today's 506.48 for 10-year bonds (but 519 at the opening of the markets) has reignited interest in holding elections this November, six months...

Vatican Passes Money Laundering Test (Sort of)

(06 07 2012) Judith Harris

There were no fireworks this 4th of July in Strasbourg, where the otherwise clamorous case of the Vatican bank, Istituto per le Opere Religiose (IOR), founded in 1942, was put on...

Blood, TV and Tears

(07 12 2011) Judith Harris

“Blood and tears” was what Premier Mario Monti warned would be in store for angst- and debt-ridden Italy, and so it is, with a prime time TV turn thrown in for good measure....

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