Stories for August 9th 2010

Monday, August 9th 2010 - 07:46 UTC

Argentina's warning to would-be Euro deserters

Mario I. Blejer

The tensions between the eurozone's north and south, and the complex and politically costly transfers of money required to dampen the euro crisis, have led many people to think the unthinkable: saving Europe's common currency may require that some countries abandon it.

Featured Analysis

To spend or not to spend: Is that the main question?

The debate over fiscal policy has reached a fork in the road. One way leads to maintaining or increasing the fiscal stimulus. This column argues that policymakers should take the other path. This would mean phasing out government expenditure while phasing in social protection programmes at the risk of a double-dip recession but potentially resulting in a more vibrant economy.

Monday, August 9th 2010 - 07:26 UTC

Gibraltar: Between a Rock and a hard place

La Linea’s mayor, Alejandro S?nchez

La Linea de la Conception is a small Spanish town on the North side of the border with Gibraltar. The fascist dictator Francisco Franco sealed the frontier in 1969 to punish Gibraltar for rejecting his offer of becoming part of Spain.

Monday, August 9th 2010 - 07:18 UTC

Chavez to meet with Colombia's new president tomorrow

Chavez said in a TV program that top on the summit's agenda would be restoring bilateral relations.

Venezuelan President Hugo Chavez and his new Colombian counterpart, Juan Manuel Santos, will meet this week as the first step toward restoring diplomatic relations between the South American neighbours, officials said Sunday.

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