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EU referendum will create instability

European Flag

Before the Liberal Democrat leadership is tempted to join in another coalition with the Conservatives, it should consider fully the risks attendant in agreeing to a referendum on EU membership in 2017.

Japan's inflation ticks up, bolstering BOJ stance

Japanese Flag

Japan's inflation ticked higher in March, coming in slightly above expectations, offering a small sign of progress in the Bank of Japan's (BOJ) two-year-long effort to kick start the long-moribund economy.

Grexit, Grimbo, now Grexhaustion ?


The standoff between Greece and its creditors has spawned another bit of rivalry: the battle among analysts to coin the latest buzzword for the painfully protracted drama.