December 14th, 2011
04:26 PM GMT
Share this on:

London (CNN) – The latest developments in the euro crisis are just like the holiday parties we go to at this time of the year. We make merry, binge - and then suffer horrible hangovers in the days after. It hasn’t taken long for the euro-hangover to arrive. The bonhomie of the euro-deal has evaporated.

I decided to wait a few days before writing about the agreement in Brussels. It is easy to succumb to the enthusiasm of a late-night deal, believing that it will bring “peace in our time” and a “chicken in every pot.” To hear the EZ17+ leaders on Friday it was surely just a matter of dotting the Is and crossing the Ts. Only with the reflection of a few days can you see what works, what doesn’t - and who will change their mind.

Rise and fall of euro

The “fiscal compact”was a fine piece of German-French engineering, in the best traditions of euro-fudge. It establishes the “fiscal rule” requiring balanced budgets for all signatories to the new treaty, followed by automatic sanctions for those that fall foul.
FULL POST



December 14th, 2011
12:07 PM GMT
Share this on:

(CNN) – For more than a year we've followed the lives of CEOs across the world  - and Sarah Curran is one of them.

Curran set up my-wardrobe.com five years ago after spotting a gap in the market. The website is more up-market than the high street stores, and less pricey than the fanciest boutiques. Sarah sold her house to fund the idea, and the gamble paid off.

Now she has almost a million visitors every month and sales have doubled every year. For some this would be an opportunity, but for Sarah it's a problem. She doesn't know if she's the right person to take the company forward, and is facing some tough choices.

Filed under: Quest Means BusinessThe Boss


December 14th, 2011
10:30 AM GMT
Share this on:

Dublin (CNN) – Dublin is trending. In September, Twitter became the latest in a line of new media companies to announce it will set up its European headquarters in the Irish capital.

The micro-blogging site joins the likes of Google, Facebook and e-Bay in what has been dubbed "Europe's Silicon Valley." Dublin's growing IT sector is giving the city a renewed sense of confidence.

Posted by: ,
Filed under: BusinessFuture Cities


December 14th, 2011
05:04 AM GMT
Share this on:

HONG KONG (CNN) - Hong Kong has leapfrogged the United States and the United Kingdom to take top spot in the World Economic Forum’s 2011 index of financial market development - the first Asian financial center to do so.

According to the forum’s fourth annual Financial Development Report, Hong Kong’s position was bolstered by strong scores in non-banking financial services such as IPO activity - the first public sale of stock by a company - and insurance. FULL POST

Posted by: ,
Filed under: AsiaBusiness


About Business 360

CNN International's business anchors and correspondents get to grips with the issues affecting world business, and they want your questions and feedback.

 
 
Powered by WordPress.com VIP