The widely advertised hazards of the EU not that ominous; the sting is financial woes

Last Monday, Deutsche Bank’s management surprised everybody quite negatively by asking its shareholders for an €8 billion capital injection. Only hours before that, the London Stock Exchange had almost terminated the long negotiated merger procedure with the Deutsche Börse, the German bourse in Frankfurt. The LSE directors rejected the terms set by the European Commission […]

WEF Davos 2016 LIVE: The health of capitalism won’t be the only worry for those who head for Davos

The great world fair of the super rich business people, bureaucrats, academics, journalists and powerful politicians starts tomorrow at Davos, in a tiny Alpen valley surrounded by snowy mountain tops radiating the winter sun. It’s the traditional Swiss way of doing business, by guaranteeing everybody that everything will evolve as planned and nothing will disturb […]