Posted on 02 April 2013. Tags: bankruptcy, Cyprus, financial crisis
When stuck between a rock and a hard place, what is the right course? The tiny island of Cyprus is forced to choose the best of only bad options. After years of over zealous banking leading to an oversized financial sector, Cyprus’ economy has finally snapped. Continuing the trend of failing European Union countries, Cyprus [...]
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Posted in DJILP Staff, Mara Essick, TVFA Posts
Posted on 03 January 2013. Tags: fiscal cliff, France, French fiscal policy, international debt
Midnight, January first marks the twilight hour for Americans who have been holding their breath before taking the plunge that is the fiscal cliff. This cliff was meant to serve as a deterrent for Republicans and Democrats to reach a mutual compromise and avoid immediate spending cuts and tax hikes. However, both sides refused to [...]
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Posted in DJILP Staff, Mara Essick, TVFA Posts