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Trading olives and feta cheese for submarines is a losing proposition
Greek 10-year government bond yields, after having graced 8.73% merely a good week ago, are […]
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Why the Fed is fighting deflation tooth and nail
Economics class is in session! Let’s have a look on the impact of inflation and […]
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Bank of America under pressure
Will Bank of America (BAC) get into difficulties because of a) legal problems to foreclose […]
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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’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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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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Ireland: Rumors, rumors… and spread widening
Here we go again: Irish 10yr government bond yields 6.27% (+0.23) this morning after article […]
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More on BoJ intervention; Swiss unions demand same
According to rumors the BoJ (Bank of Japan) last night spent JPY 100bn ($1.16bn) on […]
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Gold reaches new all-time high
Gold reached a new all-time high on Tuesday. Two broker reports were speculating about the […]
Category: Economy
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