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EU Finance Ministers May Increase Savings Guarantee

Spiegel - Finance ministers from the 27 European Union member states are meeting on Tuesday and will likely agree to increase the EU private savings guarantee. But the bloc still has no strategic vision for how to confront the crisis. And none is likely to be forthcoming.

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The Bretton Woods sequel will flop

Financial Times - An international system that does not accommodate China, India and other new risers clearly cannot work in the long run. But bringing them into the system is no guarantee of success. The more voices around the table at Bretton Woods II – and the more equality there is between [...]

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The Fed’s rate cut - Approaching zero

Economist - How much lower can the federal funds rate go? Certainly at least to 0.5%, a level it has not been close to since the 1950s. But beyond that, things get tricky.

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Nobel Economists Offer First Aid for Global Economy

Spiegel - Five winners of the Nobel Prize for economics share their views on what the future global finance order should look like in exclusive essays for SPIEGEL.

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