Turkey is in a bit of financial trouble. It isn’t clear that today's rate hike on its own will be enough. The rate hike will make the lira a bit more attractive to foreign investors (and will raise t…

Germany seems to have ruled out all the mechanisms for eurozone fiscal expansion that the IMF liked…

Here is a quick round-up of this week’s technology headlines and related stories you may have missed: A U.S. Court of Appeals ruled that the Federal Trade Commission (FTC) has the authority to re…

Egypt, Sudan, and Ethiopia are close to armed conflict over a Nile dam project; so far the United States is ignoring them.

Germany’s economy is slowing by more than can easily be explained by the obvious slowdown in exports (see Gavyn Davies, who, to be fair, believes there were some one-off drags to German growth in h2 …