Jun 24, 2012

Taming the danger from Europe

The leaders of the Group of 20 major economies, at their June 18-19 summit in Los Gabos, Mexico, adopted a declaration emphasizing the need to resolve the European financial crisis, among other things. The declaration in part said that “Euro Area members of the ...

May 22, 2012

Back to Earth for Mr. Dimon

JPMorgan Chase recently posted $2 billion in trading losses. Mr. Jaimie Dimon, JPMorgan Chase chief executive and a man considered one of the savviest bankers in the world, has dismissed the losses as “a tempest in a teapot.” Given the scale of his bank’s ...

May 3, 2012

Modest steps at the IMF

The biannual meetings of the world’s leading financial institutions, the International Monetary Fund and the World Bank, are generally pretty staid affairs — after all, how riled up can gatherings of central bankers and finance officials really get? In recent years, the answer is ...

Mar 2, 2012

Containing the European crises

The Group of 20 finance ministers and central bankers who ended their latest meeting Sunday in Mexico City devoted a lot of time to discussing the European sovereign debt crises and stressed the importance of the eurozone nations’ forming a united front to solve ...

Jan 12, 2012

A way out of the debt crisis

Loss of confidence in the financial conditions of eurozone countries with mounting debts has destabilized financial markets, and the uncertainty now threatens to put the global economy in jeopardy. Amid the crisis, Chancellor Angela Merkel of Germany and President Nicolas Sarkozy of France met ...

Jan 9, 2012

Variable economic winds

As the Japanese economy greets the new year, overcoming the long period of deflation that has suffocated consumer spending and corporate investment should be the main goal of the government and the private sector. Firms can expect tailwinds from a rise in demand due ...

Jan 5, 2012

Why Obama will (won't) win re-election in 2012

by Robert J. Samuelson

Could 2012 turn conventional wisdom on its head? Here’s the conventional wisdom: U.S. President Barack Obama’s re-election is vulnerable to the weak economy and high joblessness. Here’s what might happen: The economy gradually improves, and although unemployment stays high (exceeding 8 percent), what counts ...