The euro crisis is following a predictable path. The bills have increased greatly, and are being passed around in the hope the problems will go away.
Unfortunately the countries in trouble are spending too much and earning too little. That has to be tackled, as there will be limits to the patience and the amount of money the EU and the IMF can throw...
Investors turn to global equities
Matthew Tillett, senior portfolio manager - UK equities at Allianz Global Investors, examines the pitfalls of investing in technology as well as the benefits.
EM equity funds see redemptions of $1.6bn
Latter stages of the cycle