Greece vs The Euro Righteous: Waiting for the Other Guy to Blink

So far, nobody in Brussels blinked. However, before the week is out somebody will. An eleventh hour compromise between Greece and its creditors is more than likely. According to the analysts at Morgan Stanley, the probability of a Grexit is

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Roderick and Floris Wolters: Freezing the Sun

Rummaging through the archives of Twente Technical University, two enterprising students struck gold: An experiment carried out around the turn of the century but not taken to the next level. After a bit of tinkering, the brothers Roderick and Floris

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Another Inconvenient Truth: Vice Pays

The politically correct and socially sustainable is, though certainly laudable, not particularly profitable. Investors shunning sin stocks manage portfolios that are, on average, significantly less profitable than those possessed by shareholders without similar scruples. A study released earlier this week

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Europe & Greece: The Gathering of the Perfect Storm

The bears took hold of most European markets earlier today on news that the Greek government is determined to end austerity and will not be seeking an extension of the bailout agreement with its creditors. In a defiant speech delivered

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Principles for Responsible Investment: Investors Must Commit to Engaging Policymakers

The recent mobilisation by institutional investors over the climate change issue has captured media attention around the globe, clearly demonstrating the power investors have when it comes to engaging policymakers. While investor engagement with policymakers is not new, what has

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Sergey Glazyev: Much More Than Meets the Eye

Sergey Glazyev, one of the closest advisers to Russian President Vladimir Putin, has a predilection for preaching doom and gloom, especially when it comes to the economic prospects of recalcitrant Ukraine. Mr Glazyev is wholly convinced that the force of

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Greece: Attack of the Merchants of Doom Fails to Impress

President Martin Schulz of the European Parliament (EP) arrived in Athens today to read the riot act, before the Greek government does something it may come to regret. Mr Schulz travelled with a sizeable entourage of journalists to ensure the

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Greece: The Primacy of Politics to Provide a Solution

Just a few years ago, Forbes Magazine – that self-proclaimed “Capitalist Tool” – identified the primacy of politics as the greatest danger facing Europe and the European Union (EU). The publication merrily took a swipe at Mario Draghi, president of

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World Bank Group: Remittances – A Vital Channel for Global Cash Flows

Envision the world economy as a complex, interconnected array of financial engines whose propulsion helps reinforce one another’s momentum. One of the component engines is a small but significant one that, until a few years ago, was not recognised for

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Davos: Inequality Causes Concern, Few Expect Improvement

A semblance of calm has returned to Davos. The World Economic Forum (WEF) has finished this year’s proceedings and most of the 2,633 participants have returned home. Crews are busy disassembling the vast quantities of hi-tech hardware that provided security,

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