Bank of Japan Only Imagines Inflation

It's too bad the central banking profession has no Hippocratic oath. If it did, Haruhiko Kuroda would've known better than to harm Japan's reflation regimen by saying prices are about to "accelerate considerably."

Merkel 'gambling away' Germany's reputation over Greece, says Habermas

Jürgen Habermas, one of the intellectual figureheads of European integration, has launched a withering attack on the German chancellor, Angela Merkel, accusing her of “gambling away” the efforts of previous generations to rebuild the country’s postwar reputation with her hardline stance on Greece.

G20 warns of financial volatility risk as central banks diverge

WASHINGTON, April 17 (Reuters) - The Group of 20 leading economies was set on Friday to warn of a heightened risk of financial volatility as the monetary policies of major central banks begin to go their separate ways.

France breaks 2015 deficit-cutting promise

(Reuters) - France announced on Wednesday it was breaking the latest in a long line of promises to European Union partners to cut its public deficit, conceding it now would take until 2017 to bring its finances in line with EU rules.

Germany's Angela Merkel praises growth-friendly budget policies

BERLIN: Growth-friendly budget policies such as higher investment in innovation, research and transport were crucial to helping Germany cut its debt Chancellor Angela Merkel said on Saturday.

Markets may be underestimating threats to the global economy

The world's economic, financial, and geopolitical risks are shifting. Some risks now have a lower probability – even if they are not fully extinguished.

What the world economy can learn from Japan

By many measures, Japan's economic fortunes have turned up. The Tokyo stock market has surged about 65 per cent since last fall. In the second quarter, the economy expanded by 3.8 per cent, which is faster than other developed economies.