Tag Archives: europe

Buffett on banks, Europe, Google and more

Warren Buffett, chairman of Berkshire Hathaway, covered a lot of topics this morning in an interview with CNBC.1e5ec597e241f20c0e0f6a7067003053.jpg

He’s not worried about the global sell-off or Europe’s long-term prospects — it’s a big market and it’s not going away. Apple and Google are too risky for him.

America’s banks are in good shape and the United States did a good job of dealing with the financial crisis in 2008.

Fascinating stuff. Click here for the video.

Photo: In this May 5, 2012, photo, Warren Buffett, chairman and CEO of Berkshire Hathaway smiles on the exhibit floor where Berkshire products aer showcased, prior to the annual shareholders meeting in Omaha, Neb. (AP photo/ Nati Harnik)

Who cares about Greece?

We have our own troubles. Why should we care about what happens in Greece? Maybe we should be paying more attention. According to  Henry Blodget, CEO of The Business Insider, U.S. taxpayers will chip in $8 billion to help bailout Greece.

That number could rise if the need for bailouts spreads to Portugal, Italy, Spain or whereever.

Here’s more perspective of what’s happening in Europe.

Henry Blodget: Guess Who’s Paying for the Greece Bailout? That’s Right — YOU

The Balance Sheet: Merkel’s Mess

The Curious Capitalist: Why Europe is still in meltdown

The Conscience of a Liberal: Default, Devaluation, Or What?

Airlines and the volcano — different perspectives

Here are some different perspectives on the impact the volcanic ash cloud is having on the airline industry.

The New Yorker: The Airlines and the Volcano: “Losses” Don’t Mean Losses

Christian Science Monitor: Volcanic ash cloud economics: Europe’s winners and losers

The London Telegraph: Volcanich ash cloud: Is the no-fly zone necessary?

TIME: The Cost of Europe’s Volcanic Ash Travel Crisis