Articles By Eleazar David Meléndez

A trader

Why Spain's Bank Bailout Failed: It's Called 'Subordination'

The European Union's €100 billion ($126 billion) bailout of Spanish banks may have, at least temporarily, saved those institutions. But the rescue is being judged a failure by the markets, as it appears to have seriously damaged the government's ability to borrow from international credit...

Spain bailout gets knocked by Twitter -- and markets

Front-Running Markets, Spaniards Rage Against Bailout On Twitter

Global markets disapproved of the Spanish bailout on Monday. People monitoring Spanish Twitter feeds had an early warning.

Soros Speech Illustrated

George Soros Speech, 'Most Important' on the Euro Financial Crisis ... Illustrated

After George Soros, the influential hedge fund manager, posted a speech he gave at an economics conference in Italy last week, the financial blogosphere lit up. It got lots of praise as the best analysis yet of the ongoing fiscal debacle in Europe. But at over 4,400 words, it's definitely not for the ADD-challenged. Which is why we've turned it into a handy illustrated video.

Soros Speech Illustrated

George Soros Speech 'Most Important' on the Euro Financial Crisis -- Illustrated

After George Soros, the influential hedge fund manager, posted a speech he gave at an economics conference in Italy last week, the financial blogosphere lit up. It got lots of praise as the best analysis yet of the ongoing fiscal debacle in Europe. But at over 4,400 words, it's definitely not for the ADD-challenged. Which is why we've turned it into a handy illustrated video.

Bank of Italy

Italian Banks Primed To Blow Up

Italian banks appear close to joining Spanish banks as the euro zone's latest contribution to the financial world's endangered species list.

German Chancellor Merkel arrives to make a statement at the Chancellery in Berlin

Merkel Seen Easing Stance Against Aid For Struggling Banks

German Chancellor Angela Merkel appears to have altered dramatically her long-held opposition to euro zone nations sharing responsibility for the debts of the monetary union's most troubled banks.

Sweden's Riksbank building in downtown Stockholm

Euro Crisis Forcing Central Bankers Outside Euro Zone Into Uncomfortable Stances

Massive movements of capital during the latest occurrences of the European financial crisis have forced central bankers into the role of circus contortionists: bending into positions in order to maintain their stated policy targets. And their antics are not being bought by all, with some wagering that these bankers' next attempts will result in a broken back or two.

Portugal To Keep 3 Big Banks Going With $8.2B

Portugal will give €6.6 billion ($8.2 billion) to its three largest banks to help them beef up their balance sheets. Receiving the capital injection are two private banks, Banco Comercial Português and Banco BPI, and state-owned Caixa Geral de Depositos.

U.S. Treasuries have been hitting historically low yields on a daily basis. Now, Lawrence Dyer, a New York-based rates strategist for British giant bank HSBC says should soon fall to 1.32 percent or lower.

How Low Can They Go? Forecaster Sees T-note Yield Falling To 1.32%

Following a high-volatility period over that past few days that has seen the political situation in Greece worsen, highly disappointing economic data prints in the U.S. and China and -- most prominently -- a surprise banking crisis in Spain, U.S. Treasuries have been hitting historically low yields on a daily basis.

A man walks past a kiosk selling newspapers in central Athens. A trade credit crunch is threatening to affect the supply of foreign goods into that country.

Greece Struggles To Keep The Lights On As Trade Credit Crunch Bites

A trade credit crunch, driven by trading partners' fears that Greek businesses will soon be refusing to honor their debts in euro, is making it difficult for Greeks to keep their economy running.