Between the lines

You don’t have to dig too deep by using Google or Bing in order to find alternative theories, beyond the deeply intelligence insulting rhetoric of “weapons of mass destruction”, for the invasion of Iraq. Similarly the Libya ‘liberation’ shared a common theory, currency wars. Theories suggest that Iraq threatened to sell oil in Euros, whilst […]

European bourse indices faired well in thin trade during the first European session of 2012, the general mood of optimism appeared to ignore the disappointing data emanating from Europe suggesting that the zone was close to falling back into a technical recession in the first quarter of 2011. Buried deep within various reports on Monday,

As Japan and China officials made statements today declaring that they’ll promote direct trading of the yen and yuan without using dollars and will encourage the development of a market for companies involved in the exchanges, the Yuan reached record highs in thin trading. The significance of this announcement should not be overlooked, particularly as

The giddy market atmosphere created by the ECB’s LTRO could not be sustained through the afternoon session. In fact, approaching the USA afternoon opening bell, the optimism had completely evaporated. Investors realized that, although the operation by the ECB has provided liquidity, in terms of a solution to the debt crisis there is no silver bullet. Apparently

The KLF (also known as The Justified Ancients of Mu Mu, The Time-lords and other names) were one of the seminal bands of the British acid house movement during the late 1980s and early 1990s. From the outset, they adopted the philosophy espoused by the esoteric novel series The Illuminatus Trilogy. KLF gained notoriety for

The big Euro news on Wednesday is that the ECB will take the unprecedented step of offering “unlimited” euro zone banks loans of up to 3 years on December 21st at a rate of around 1 percent in a move that should theoretically ward off a credit crunch that would arrest the currency bloc’s economy.