India: The Pharmacy of the World Where 'Crazy Drug Combinations' Go Unregulated

August 1st, 2015
in Op Ed

by Patricia McGettigan, The Conversation

India has been called the pharmacy of the world. Many generic drugs are made there and much of its drug production is exported internationally. Thousands of fixed dose combination (FDC) drugs – where two or more drugs are combined in a set ratio in a single dose form, usually a tablet or capsule – are formulated, made and sold within India.

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Schauble Supports European Treasury, Which might Fight Recessions

July 31st, 2015
in Op Ed

by Dirk Ehnts, Econoblog101

The German weekly Die Zeit reports that Schäuble support the idea of a Treasury at the European level. It seems that some taxes are thought to be part of the idea, but a member of the Christian Democrats in Brussels and Member of the European Parliament, Elmar Brok, is quoted to have said that the Euro Treasury can smooth the business cycle.

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Turkey Opens Up Old Wounds with a New Campaign Against the PKK

July 31st, 2015
in Op Ed

by Cengiz Gunes, The Conversation

The recent surge of violence in Turkey following the massacre of socialist activists in Suruc has brought Turkey perilously close to an all-out conflict with the Kurds.

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Europe: Running on Borrowed Time

July 30th, 2015
in Op Ed

by John Mauldin, Thoughts from the Frontline

"I am sure the euro will oblige us to introduce a new set of economic policy instruments. It is politically impossible to propose that now. But some day there will be a crisis and new instruments will be created." - Romano Prodi, EU Commission president, December 2001

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Kaletsky on the Political Economy of the Eurozone: Is His Optimism Justified?

July 29th, 2015
in Op Ed

by Dirk Ehnts, Econoblog101

Anatole Kaletsky has a very interesting piece at Project Syndicate, arguing that out of the bad bail-out a good economic governance structure will arise.

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