One thing’s for sure the xenophobic, Eurosceptic, lowest common denominator element of the UK press will be doing cartwheels with the news that the UK has refused to pitch in its share to provide a part rescue fund for the IMF to in turn support the E.U. The UK’s refusal will be spun as one […]
Doomsday scenarios are so overdone, similarly futuristic predictions as to how we'd all be living in the twenty first century have always disappointingly fallen short of the mark. I can't be the only one feeling slightly let down by technology, yes we have our smart phones, can communicate over the new fangled 'inter web' have
Mad Max or Blade Runner? December 19th 2012 Read More »
The “Gnomes of Zürich” is a disparaging term for Swiss bankers. Swiss bankers are popularly associated with extremely secretive policies, while gnomes in fairy tales live underground, in secret, counting their riches. Zürich is the commercial centre of Switzerland… After the banking crises of 2008-2009 the Swiss franc was regarded as THE safe haven for
Ha ha ha, hee hee hee “I’m a laughing gnome and you can’t catch me” Read More »
Doomsday scenarios are so overdone, similarly futuristic predictions as to how we’d all be living in the twenty first century have always disappointingly fallen short of the mark. I can’t be the only one feeling slightly let down by technology, yes we have our smart phones, can communicate over the new fangled ‘inter web’ have
Mad Max or Blade Runner? December 19th 2012 Read More »
Christine Lagarde, the recently appointed head of the International Monetary Fund, is actively encouraging various countries across the globe to work together in order to fix the European debt crisis, and stimulate economic growth. Lagarde warns that this unity urgently needs to stimulate economic growth or risk a return to the Great Depression. In a
IMF’s Christine Lagarde Uses The “D” Word Read More »
Lingering tensions between Britain and France over the future of the EU will have intensified from Wednesday onwards after Nicolas Sarkozy accused David Cameron of behaving like “an obstinate kid” after Cameron stunned the EU by using the British veto at the European summit late last week. Cameron has indicated that he was prepared to
Les Rosbifs Get A Roasting From Sarkozy Whilst Oil, Gold And Silver Plummet Read More »
Having become increasingly irritated by the world’s critique of its blossoming and arguably peaceful nuclear programme Iran announced Monday that it’s gearing up its military presence to practice closing the Strait of Hormuz. Reuters Africa is reporting that a member of Iran’s parliament National Security Committee said the Army is ready to begin the exercise,
How The Markets Could Get Into Straights Over Hormuz Read More »
European and USA equities fell sharply in both the morning and afternoon sessions on Monday whilst the euro and commodities tumbled due to Moody’s Investors Service and Fitch Ratings stating that last week’s summit amongst EU leaders actually achieved very little in order to relieve the pressure on Europe’s struggling sovereign governments… French President Nicolas
Will Xmas Mark The Spot? Read More »
According to the International Monetary Fund (IMF) chief economist Olivier Blanchard the accord agreement reached by European countries during the summit on Friday morning of last week, calling for deeper economic integration, is a huge step in the right direction but falls far short of a complete solution for the euro zone’s debt crisis. European
Bundesbank Bunkers Down Read More »
Europe’s leaders will once again gather in Brussels for the latest ‘make-or-break’ summit on Thursday night through to Friday evening amid mounting evidence that eurozone banks are already insolvent and in the eye of the storm of a fresh credit crunch. The European Central Bank has announced that various banks across the continent have already
