Morgan Stanley’s Joachim Fels has a nice, succinct explanation of why Europe made a positive step last week at its EU summit. Note that it came out a few hours before Italy was trounced in the EU...

The euro is in full blastoff mode, as seen here via FinViz: Dow futures are also up over 100 points. What explains the spike? At a ridiculously late hour of the night, the EU Summit appears to...

The Watermelon Summit An "environmentalist" is a totalitarian socialist whose real objective is to revive socialism and economic central planning under the subterfuge of "saving the planet" from capitalism. He is "green" on the outside, but red...

For both Tokyo and Washington the primary purpose of the Pacific Islands Leaders Meeting was to bolster their efforts to undermine Chinese regional influence. World Socialist Web Site