News
Azerbaijan-Turkey gas deal's impact on supply to Europe
November 04, 2011CESD/ Baku -- Last week Azerbaijan and Turkey signed a number of export agreements that allow Turkey to buy gas from Azerbaijan and transport it through neighboring countries to Europe. According to a statement posted on the official website of the State...
IMF on Molodva's progress to meet its commitment to reforms
November 03, 2011Washington, DC -- An International Monetary Fund (IMF) mission for the fourth reviews under the Extended Credit Facility/Extended Fund Facility (ECF/EFF) arrangements with Moldova led by Nikolay Gueorguiev visited Chişinău during October 19–November...
British Petroleum proposes South-East Europe Pipeline in place of Nabucco
November 03, 2011By Vladimir Socor/ Eurasia Daily Monitor/ Washington, DC -- Azerbaijan and the Shah Deniz gas producers’ consortium have just signed bilateral agreements with Turkey on gas transit to Europe (see EDM, November 1). Meanwhile, the Shah Deniz consortium...
November 03, 2011By Kati Suominen/ GMF/ Washington, DC -- The Greek bombshell decision to hold a referendum on the last week’s celebrated eurozone bailout package will ensure that the G20 Summit starting on Thursday in Cannes will be hijacked by Europe...
Global Prosperity Index: U.S. behind China in economic rankings
November 02, 2011Legatum Institute/ London -- U.S. scores high on measures of public health and entrepreneurial environment but falls behind China in economic rankings. New EU members outperform Portugal, Italy, Greece, and Spain on key indicators. A new study published...
HARP: A new way forward on housing in the United States?
October 31, 2011Karen Dynan/ The Brookings Institution/ Washington, DC -- Federal regulators announced a new plan [on Oct. 24, 2011] to help households whose homes are worth less their mortgage refinance into new mortgages with lower monthly payment. The changes should...
Doing Business in a More Transparent World
October 21, 2011By Diana Ungureanu/ Chisinau / Moldova. ORG/ -- Because we are at the end of the year, here we have an extensive and well-done report – “Doing Business 2012: Doing Business in a More Transparent World”. Here you can find some data about...
European Crisis: Precise Solutions in an Imprecise Reality
October 05, 2011By George Friedman -- An important disconnect over the discussion of the future of the European Union exists, one that divides into three parts. First, there is the question of whether the various plans put forward in Europe plausibly could result...
Default in the Eurozone - the impact for the Transatlantic economy
September 22, 2011By Joe Quinlan and Peter Sparding / Washington / GMF / -- A specter is haunting Europe — the specter of default in the eurozone. At the core of the problem is Greece — one of the smallest yet most heavily indebted economies in Europe. The...
WikiLeaks to sue Visa, Mastercard
July 05, 2011Elena Vnorovscaia / Chişinău / Moldova.ORG / -- Whistle-blowing outfit WikiLeaks and DataCell, which handles credit card payment processing on its behalf, have announced they intend to sue Visa and Mastercard after the credit card merchants blocked...