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How Will Currencies Respond if THIS Happens'

Everybody knows that most major economies carry a monumental amount of public debt. In fact, there is very little realistic chance that these obligations will be paid off and not only in case of Greece, Spain or Italy. In some countries, central banks have become the largest holders of national debt, largely through easing operations meant to stimulate economies. In essence, governments are borrowing from other government institutions, which are ?printing money' and putting these debentures...

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Euro Drops in Spite of ESM Launch.

With much fanfare, the Euro zone zone launched its European Stability Mechanism today, the new rescue fund meant to provide financial relief to struggling economies. Participating countries are expected to start placing contributions this week, with Germany carrying the biggest burden of 27% of the total. Eventually, the fund is designed to have a capacity EUR 500 billion and be in full strength by the end of 2014. While some critics maintain the fund is too small, especially if Spain and...

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Guest Blog from a Guest House in Tuscany

Maureen is a FairPay user, transferring money from the UK to Italy on a regular basis. She runs a guesthouse called La Balconata in the heart of Tuscany - http://labalconata.com/ 10 years ago I made the biggest decision of my life by upping and leaving my rural Kentish town and moving to Tuscany. Leaving my friends, family and beautiful home behind to move to a rundown farmhouse on top of a mountain may sound a little extreme however, it's now a decade later and I have never been...

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The word of awahid: ExhibITALY: italian art and design in Moscow (Russian)

Along the Patriarshi most, the bridge that leads to ?Red October', the former chocolate factory biggest Soviet Union, 10 large transparent display cases contain the most representative creations of Made in Italy, with names ranging from fashion world, design, art to technology, through enology and gastronomy. Read the rest of ExhibITALY: italian art and design in Moscow (Russian) ? Advertise on DYT! - Join us on Facebook - Twitter - Pinterest - Tumblr ...

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