Epstein Secrets

at affordable rates. Meanwhile, their banks are hemorrhaging deposits. Up until now, broke banks could prop up broke governments by borrowing from the European Central Bank and using the cash to buy their governments' bonds. But that game is over. For there is nothing the ECB can do to stop panicky Spaniards swapping

Bob Corker told Politico last week. In late May, Mitch McConnell, an architect of the G.O.P. strategy o

tion. By declaring that a freeze on construction in settlements and in Jerusalem was a prerequisite for negotiations, Obama and his envoys (led by George Mitchell) cornered Abbas -- how could he appear less "Palestinian" than the Americans? But the breakdown of negotiations presented Abbas with another probl

f State Bill Burns will in all likelihood leave when a new secretary of state is appointed or a few months later. In January 2009, Obama appointed Mitchell as special Middle East envoy on his second day in office. That kind of priority will not be assigned to the "peace process" in January 2013 -- no

uts and tax increases) self-defeating or the unavoidable response to high budget deficits and debt? Can central banks such as the Federal Reserve or the European Central Bank engineer recovery by holding short-term interest rates near zero and by buying massive amounts of bonds (so-called "quantitative easing")? Or will

vote a certain way," said Senate Minority Leader Mitch McConnell (R-Kentucky). "Well, at the end of the

only being kept out of the abyss by a debt restructure in 2012. And under that restructure it now owes money mainly to other European governments, the European Central Bank (ECB) and the IMF. These official creditors have slashed interest rates and stretched out maturities, but not enough. With a debt stock of 175% of G

o share the wonderful and lyrical music of Joni Mitchell, (Roberta Joan Anderson born: November z1943), is a Canadian singer-songwriter and painter. Mitchell began singing in small nightclubs in Saskatchewan and Western Canada and then busking in the streets and dives of Toronto. In 1965, she moved to th

, Moody's and Fitch are back in the limelight. Every time they change the rating of a sovereign debt they move the markets. For a while the rules of the European Central Bank seemed to give enormous power to just one agency, Moody's. Had it downgraded Greece, the country's government bonds would not have been eligible fo

sick and was unable to work. He ended up owing £30,000. "You think if they are going to give it to me, I must be able to afford it," he recalls. Mr Mitchell tackled his problem before the bailiffs arrived. He took advice and applied for an IVA (individual voluntary arrangement), a British scheme that all

their leaders cannot take until all other options have failed — a state of affairs that, if you ask me, Greece is rapidly approaching. Germany and the European Central Bank could take action to make that extreme step less necessary, both by demanding less austerity and doing more to boost the European economy as a who

tell you. Just to take one recent example, when Mitch Daniels, the governor of Indiana, delivered the