Bruce Stokes
Recent Stories By Bruce Stokes:
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Mon Dieu! French Banks Could Pull Down the EconomyAugust 11, 2011
Concern that France’s AAA bond rating might be downgraded began to abate Thursday, after French President Nicolas Sarkozy rushed back from the French Riviera for an emergency cabinet meeting and the...
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European Banking Crisis Could Spread to U.S.August 8, 2011
While Washington grapples with a credit downgrade and market turmoil, the Euro crisis has returned with a fury. Just weeks after Europe fashioned yet another plan to avoid a Greek default on its...
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The G20 Should Ride to Europe’s RescueFebruary 11, 2011
Yet another European sovereign debt crisis plan is expected to be unveiled soon by European leaders. Squabbling over its specifics and recent experience suggest the effort will be a day late and a...
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Mideast Protests Drive up Oil, Threaten RecoveryFebruary 1, 2011
With oil prices soaring past $100 a barrel on Monday, thanks to growing uncertainty about stability in the Middle East, the somewhat distant, feel-good, democracy-awakening story coming out of Egypt...
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The Pluck of the Irish <em>et al</em>: Europe — Bail Us Out!December 21, 2010
European leaders met in Brussels late last week following a $112 billion bailout of Ireland and amid escalating financial market concerns about both Portugal and Spain. Despite calls by some European...
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Euro Bailout — Will U.S. Have to Step Up to the Plate?December 13, 2010
In a crisis, worst-case scenarios can be dangerous because they distract the public and policymakers from the mundane task of wrestling with immediate problems. However low the probability, if the...