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Chinese PM Wen bathes in 290 tonnes of olive oil while buying Greek bonds
My favorite pinata (http://www.youtube.com/watch?v=wi3semJPQzk), Greece, has received some help from China. On a visit to […]
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Ireland might be downgraded again; Euro strength hurts
Moody’s warned it may cut Ireland’s credit rating again as the country has to foot […]
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In God we trust
Sometimes I get accused of having “religious beliefs” in gold. Why is gold so valuable […]
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Ireland’s bank bail-out cost reaches EUR 50bn; bond sales suspended
Irish Prime Minister Brian Cowen just announced the government decided to cancel all bond auctions […]
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Ireland’s solvency now ranked between Pakistan and Ukraine
Ireland is now right between Ukraine and Pakistan when it comes to likelihood of default […]
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Former German FinMin says Greece will default
From an interview (9/14/2010) with German magazine “Der Spiegel” former German Finance Minister Peer Steinbrueck […]
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Portuguese bond auction: high yields, low demand
10 year Portuguese government bond yields today retreated to 6.13% (from 6.31%) after the auction […]
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Irish bond auction a “success” – EFSF would have been cheaper
10yr Irish government bond yields eased today to 6.29% (-0.19) after the “successful” auction of […]
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Greece cancels plans to sell additional debt
Greece just cancelled a road show that was supposed to begin on Wednesday in London […]
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Irish and Portuguese spreads at all time highs
All-time highs for Portuguese and Irish 10yr yield spreads: 10yr Portuguese government bond yields – […]
Author: Alexander Gloy
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