If just 10% of euro interest rate derivatives produce losses, it could cost the world banking system $22 trillion....

Using the tax system to punish speculation by banks and financial firms is emotionally satisfying. But it's logically absurd....

Widespread European tension and Chinese fears meant that copper prices ended 2011 in the red- the first time in 3 years. At the London Metal Exchange, Copper is down by over 20% for 2011.....

With the world focusing on the European debt crisis and the slowing US economy, many seem to have forgotten or rather overlooked the once British Empire. UK debt is near 1000% of its GDP!....

A warning to former MF Global segregated account holders: If the news has already been more than you can bear, please do not read this post — it may really push you over the edge....

There may be a precedent for the situation in which the Eurozone finds itself. Across the Atlantic, the United States of America once faced a similar challenge.....

The 440 billion Euro EFSF fund, which the European leaders had planned to leverage to more than 4x-5x, is now doubtful of expanding even to 1 trillion, the Financial times reported.....

Gold has fallen marginally again in all major currencies today. Concerns about the increasingly intractable nature of the Eurozone debt crisis and rumours of a Franco-German split regarding a solut....