Contagion during Financial Crises increases in emerging economies

The chances of contagion between countries are high. In addition, after the…

Mercosur Opens the Doors to Socialism

The MERCOSUR alliance officially welcomed Venezuela as a permanent member. By ALONSO…

Italian Senate adopts Auterity Package

by Philip Pullella Reuters July 14, 2011 Italy’s austerity budget passed its…

China getting set to absorb Europe

China Will Back Europe, Euro With Currency Reserves Bloomberg Europe and the…