Kevin Lester

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The Rumble in Riga: How the EU Lost Patience With Varoufakis

When Yanis Varoufakis warned his fellow euro-area finance chiefs of the dangers of pushing his government in Athens too far, Peter Kazimir …

When QE Leads To Deflation: A Look At The "Confounding" Global Supply Glut

On Saturday we once again explored the question of whether central banks are creating deflation. The idea that post-crisis DM monetary policy may be …

Confessions from the City: The FX broker on why 'something has to go wrong soon'

Some time ago, a very large bank we all know well was caught out aiding money laundering.<p>In the fallout, it cut all banking and trading facilities …

UK Economy Debt Timebomb Will Explode After Election

<b>- UK economy a ‏’timebomb’ and will explode after election – Albert Edwards- Telegraph warns of “Lehman Moment” stemming from possible election</b> …

Greek finance minister hints at strained EU relations: 'I welcome their hatred'

The gulf between Greece and its creditors widened yet further on Sunday with the crisis-hit country’s finance minister brazenly tweeting that he has become a target of hate.<p>Upping the ante in what has increasingly become a war of nerves, Yanis Varoufakis took on his opponents by making use of one …

Europe