By MARTIN WALKER, UPI Editor Emeritus
LONDON, Nov. 12 (UPI) -- Driven by bad wheat and a serious collapse the Siberian harvest, world wheat prices and are once more flirting with those panic prices of 2007 and 2008.
By MARTIN WALKER, UPI Editor Emeritus
BERLIN, Nov. 5 (UPI) -- German Chancellor Angela Merkel tells a regional party congress in Pomerania they should expect the euro crisis to grind on "for another five years or more."
By MARTIN WALKER, UPI Editor Emeritus
ZURICH, Switzerland, Oct. 29 (UPI) -- It should come as no surprise to Americans that most Europeans are hoping that Obama wins re-election. This is not because he has been good for Europe.
By MARTIN WALKER, UPI Editor Emeritus
ZURICH, Switzerland, Oct. 20 (UPI) -- Chancellor Angela Merkel's German government has reportedly decided that it will do what is required to keep Greece in the euro but are giving up on keeping Britain the European Union.
By MARTIN WALKER, UPI Editor Emeritus
FRANKFURT, Germany, Oct. 15 (UPI) -- Economic analysis has been dominated by the Keynesians, who want more government stimulus spending, and the followers of Hayek, who insist on cutting public spending. But perhaps we should be listening to the French.
By MARTIN WALKER, UPI Editor Emeritus
FRANKFURT, Germany, Oct. 8 (UPI) -- The complexity of the way the euro has been coming apart at the seams is now matched by the even more highly charged way that the states of Europe seem to be following suit.
By MARTIN WALKER, UPI Editor Emeritus
WASHINGTON, Oct. 1 (UPI) -- Some very smart people in Europe believe that the bitter medicine of austerity not only can work but that it is working.
By MARTIN WALKER, UPI Editor Emeritus
ZURICH, Switzerland, Sept. 24 (UPI) -- It may be the darkest hour before the dawn but the economic news from Europe could hardly be more depressing for European Central Bank head Mario Draghi.
By MARTIN WALKER, UPI Editor Emeritus
LISBON, Portugal, Sept. 17 (UPI) -- Actions of the European Central Bank and the Federal Reserve in the United States exemplify the new reality that when politicians can't or won't act, central bankers will.
By MARTIN WALKER, UPI Editor Emeritus
GENEVA, Switzerland, Sept. 10 (UPI) -- Despite the market euphoria and the tumbling of debt yields in Spain and Italy, there are three reasons to fear that the euro crisis is far from over.
By MARTIN WALKER, UPI Editor Emeritus
PARIS, Sept. 4 (UPI) -- There have been striking developments in different parts of the world in recent days, each of them with sobering implications for the global economy. Taken together, the prognosis is grim.
By MARTIN WALKER, UPI Editor Emeritus
PARIS, Aug. 27 (UPI) -- Beware the ides of September, which promises to be a critical month for the future of Europe and the euro
By MARTIN WALKER, UPI Editor Emeritus
PARIS, Aug. 20 (UPI) -- Vacation and the Olympic period in Europe is ending the officials are returning to work to find the euro crisis hasn't gone away.
By MARTIN WALKER, UPI Editor Emeritus
PARIS, Aug. 13 (UPI) -- The real significance of the 2012 Olympics may well be in the appearance of Oscar Pistorius and what that means for scientific advances.
By MARTIN WALKER, UPI Editor Emeritus
PARIS, Aug. 6 (UPI) -- Just five years ago, the financial crisis started when the American Home Mortgage Investment Corp. filed for bankruptcy. The curse of August had struck again.