Germany’s Hidden Risk

The Bundesbank has quietly lent half a trillion euros to the European Central Bank. Could that determine the fate of the euro? Involuntary lending is what happens when your teenager figures out how to charge stuff to your credit card. The kid promises to pay for the purchases but never gets around to it, so [...]

Written on December 26, 2011 | Posted in News

The Bulletproof Palestinian Stock Exchange

During the Israeli siege of Nablus in 2002, Mohammad Hijaz hopped fences, hid behind walls, and snuck ambulance rides to get to the Palestinian stock exchange. Operation Defensive Shield shuttered the market as Israeli tanks took positions inside the West Bank city, but Hijaz frequently stole into the office to finish reports.

Written on September 19, 2011 | Posted in Small Business