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Jan 20, 12 •
3693 Views •
Market Commentaries •
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The 2012 Maya phenomenon comprises a range of beliefs which, according to many, will cause cataclysmic or transformative events to occur on December 21, 2012. This date is regarded as the end-date of a 5,125-year-long cycle in the Mesoamerican Long Count...
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Jan 20, 12 •
3978 Views •
Market Commentaries •
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Comments Off on IMF Slashes Its Global Growth Forecast For 2012
A member of the bank of England’s monetary policy committee has gone ‘on record’ as stating that the BoE is not necessarily wedded to a policy of quantitative easing. Ben Broadbent is dismissive of the belief that the MPC has been biding...
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Jan 19, 12 •
5880 Views •
Market Commentaries •
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Comments Off on Never In The Field Of Human Conflict Was So Much Owed, By So Many, To So Few
“Never In The Field Of Human Conflict Was So Much Owed, By So Many, To So Few” I’m trying to think of a phrase that conjures up the strange spirit and times that exist in USA at the moment. “So much owed, by so many, to so few”...
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Jan 19, 12 •
5223 Views •
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Comments Off on I Am A Citizen, Not Of Athens Or Greece, But Of The World
“I Am A Citizen, Not Of Athens Or Greece, But Of The World” – Socrates (Ancient Greek Philosopher, 470 BC-399 BC) Greece’s government heads into a second day of intense talks with its private creditors in a push to reach an agreement that...
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Jan 18, 12 •
4672 Views •
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Comments Off on Greece Is The Word As Mr Papademos Turns The Tables In The High Stakes Game
Greece finally goes head to head with its creditors today in a renewed attempt to break the deadlock in the negotiations to slash the country’s debt and stave off default… International private sector creditors, represented by the Institute of...
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Jan 18, 12 •
10222 Views •
Market Commentaries •
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Comments Off on Remember The Name, Renminbi – The People's Currency
Following the Battle of Plassey in 1757, in which Britain annexed Bengal to its empire, the British East India Company pursued a monopoly on production and export of Indian opium. The monopoly began in earnest in 1773, the British Governor-General of Bengal...
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Jan 17, 12 •
7298 Views •
Market Commentaries •
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Comments Off on China Pulls Global Markets Up By Its Boot Straps, Probably Made In China
China’s city dwelling urban population has finally surpassed those living in the countryside for the first time in the nation’s more than 5,000 years of ‘recorded’ history. The number of people living in towns and cities increased by 21...
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Jan 16, 12 •
6109 Views •
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The UK Is Back In The Recession It Never Came Out Of. In Reality The USA Is No Different The definition of recessions has altered over the years and varies from country to country and continent to continent. In the UK A recession is defined as two consecutive...
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Jan 16, 12 •
4544 Views •
Market Commentaries •
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Comments Off on Is The UK Back In Recession?
European leaders will this week try to deliver new fiscal rules and cut Greece’s debt burden hoping investors ignore Standard & Poor’s euro-region downgrades. Initially European markets fell on opening as did the Euro which have both recovered to be...
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Jan 13, 12 •
6619 Views •
Market Commentaries •
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“The Creator Made Italy From Designs by Michael Angelo” – Mark Twain 1835-1910 European shares and the single currency have risen on Friday after positive comments on the region’s outlook from the European Central Bank and the success...