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After Greece obtained its third bailout last summer, Europe turned its attention to other crises. But it would be naive to conclude that the sovereign debt crisis is over. The Greek drama is still far from a happy ending; in Portugal and Spain, fragile left-wing governments may want to abandon austerity and roll back reforms; France has declared a state of economic...
Dr. Michael Wohlgemuth
Japan’s period of high growth driven by exports and domestic demand is over. Companies are reacting to unique economic circumstances by using their cash reserves and cheap bank loans to invest in foreign firms. While the yen is strong and interest rates are low, the buying binge will go on. But Japan’s track record in making overseas acquisitions succeed is mixed. ...
Dr. Stefan Lippert