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20. okt 11 • 5748 Visninger •
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Greece’s government voting in the austerity bill came as no surprise. The government is now a safe bet to get their next tranche of pocket money (circa €8 billion) courtesy of the troika which should ensure they can firstly fill up the cash machines...
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19. okt 11 • 4469 Visninger •
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Comments Off on Eurozone Crisis, It's As Clear As Mud
No sooner had the grand plan to rescue the Eurozone been touted it was summarily squashed and just when you think the French and German leaders couldn’t possibly fit in another meeting Sarkozy thanks his wife for giving birth and hops onto a plane to...
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18. okt 11 • 4350 Visninger •
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Comments Off on The €2 Trillion Eurozone Bail Out Fund is Born
So that’s it, the debate is over, the bunting can be put up, street parties can be held in every street throughout Europe as ‘D’ day is with us, the bail out fund lives and we can all breathe a little easier. Other than Bloomberg copy...
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17. okt 11 • 15116 Visninger •
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5 Kommentarer
Germans struggle to make us laugh and are, according to a poll conducted in summer, the least funny nation in the world. Americans can make us laugh like drains coming top of a poll to find the funniest of 15 nationalities. The verdict on the UK, lagging in...
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13. okt 11 • 6279 Visninger •
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Comments Off on Can Desperation Lead to Inspiration?
The updated weekly USA unemployment figures were published on Thursday. The number of Americans filing claims for jobless benefits hardly changed since the previous week. Applications for unemployment insurance payments decreased 1,000 in the week ended Oct....
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12. okt 11 • 8329 Visninger •
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Comments Off on When you Reach the End of Your Rope, Tie a Knot in it and Hang On
When you reach the end of your rope, tie a knot in it and hang on – Thomas Jefferson The president of the European Commission, Jose Manuel Barroso, set out a plan on Wednesday designed to finally bring to an end the eurozone debt crisis. Mr Barroso...
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6. okt 11 • 5911 Visninger •
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Comments Off on Quantitative, Qualitative or Just Desperate?
The same headline phrase was constantly repeated on the mainstream media tv and radio channels on Thursday after the BoE MPC announced it was reverting back to the last trick in it’s toolbox, more quantitative easing. “The Bank of England has...
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5. okt 11 • 4091 Visninger •
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Comments Off on Black Swan, Unemployment and Anonymous
The UK Conservative party’s annual conference came to an end on Wednesday. Rumors have been circulating that the UK coalition government is about to cave into intense lobbying pressure and reduce the fifty percent rate of tax as, in the opinion of...
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3. okt 11 • 9625 Visninger •
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Comments Off på aksjer som faller på grunn av gjeldskrise i eurosonen
Den samme overskriften blir stadig revurgitert av de vanlige finansmediene dag etter dag, den gjentar noe som dette; “Amerikanske aksjer og euro faller når Hellas bekymrer seg oppveier positive amerikanske økonomiske data ..” Eller vi leste noe ...
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27. sep. 11 • 10345 Visninger •
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2 Kommentarer
Stocks retraced their earlier gains on Wall Street on Tuesday closing 1.33% up on the day having spent the majority of the day up circa 200 points or 2%. Despite the waves of optimism due to the various solutions floated by the official bodies in Euroland the...