wazua Thu, Apr 2, 2026
Welcome Guest Search | Active Topics | Log In

543 Pages«<236237238239240>»
Investors Lounge
Options
Previous Topic · Next Topic
hisah
#2371 Posted : Monday, May 14, 2012 6:10:02 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Spanish banks' borrow record sum from ECB - http://www.rte.ie/news/2...eal-new-provisions.html

Quote:
Spanish banks have found it hard to borrow money from banks in other euro zone countries because many in Spain are heavily exposed to the property sector, which has been in a slump since a bubble burst in 2008.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
hisah
#2372 Posted : Tuesday, May 15, 2012 10:48:00 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Moodys downgrades as many Italian banks...

http://nasdaq.com/articl...ecession-20120515-00008

These rating agencies should be put out of business. Useless their ratings are. Ponzi ratings. Euroland debt bomb is difusing so ratings are useless!?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
hisah
#2373 Posted : Tuesday, May 15, 2012 6:20:58 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Greece 10yr bond yield still spike. Their is a bond payment for today which is due... In the process the euro is selling off as caution creeps into the financial markets...



Meanwhile Morgan Stanley finds itself facing protesters during its AGM today...

http://www.businessinsid...reholder-meeting-2012-5

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
hisah
#2374 Posted : Tuesday, May 15, 2012 6:25:45 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Just in the wires - Greece to hold new election, jolts euro markets....

http://www.reuters.com/a...s-idUSBRE84E0SX20120515

Quote:
Attempts to form a government in Greece collapsed on Tuesday, jolting financial markets at the prospect leftists opposed to the terms of an EU bailout could sweep to victory and nudge the euro zone crisis into a dangerous new phase.

The turmoil in Athens sent waves around other troubled members of the 17-nation European single currency area. The euro slipped below $1.28 while Spanish and Italian bond yields rose above the danger level of 6 percent as investors scurried for shelter in safe haven German Bunds.


The acceleration of sellers continues...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Tuesday, May 15, 2012 6:26 PM | Reason: Not specified
karanjakinuthia
#2375 Posted : Wednesday, May 16, 2012 8:40:24 AM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
I'm bullish on Africa, are you?

"Brazilian billionaire André Esteves has launched the biggest private equity fund for Africa, promising to raise at least $1billion for investments in areas such as energy and infrastructure.

With the move, the 43-year old billionaire Esteves signals the ambition of his investment banking firm BTG Pactual to fight for control of the emerging markets, which are scoring fast-clipped growth, at a time when European economies are slugging with negative growth rates and record-high employment, in particular with their youth. Spain’s economy has ‘double-dipped’ into recession, for the second time in three years. In April, the UK economy fell back into recession––a performance of the economy in the past four years that has been the worst in peacetime for at least a century..."

Read more:

http://www.avcanet.com/index.php/page/news/58

Back to top
  |
hisah
#2376 Posted : Wednesday, May 16, 2012 4:54:26 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
karanjakinuthia wrote:
I'm bullish on Africa, are you?

"Brazilian billionaire André Esteves has launched the biggest private equity fund for Africa, promising to raise at least $1billion for investments in areas such as energy and infrastructure.

With the move, the 43-year old billionaire Esteves signals the ambition of his investment banking firm BTG Pactual to fight for control of the emerging markets, which are scoring fast-clipped growth, at a time when European economies are slugging with negative growth rates and record-high employment, in particular with their youth. Spain’s economy has ‘double-dipped’ into recession, for the second time in three years. In April, the UK economy fell back into recession––a performance of the economy in the past four years that has been the worst in peacetime for at least a century..."

Read more:

http://www.avcanet.com/index.php/page/news/58


Kool smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
hisah
#2377 Posted : Wednesday, May 16, 2012 4:57:36 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Italy calls in army amid fears of elections violence. This Sunday Italians go to the polls and as we've seen in Sparta and France, I expect the anti-austerity tune to continue... Anti-austerity has spooked eurocrats now they're calling in the military... Egypt made in Europe is coming. Sparta goes back to the polls on June 16th... Aint I loving this euroland drama

http://rt.com/news/italy...-elections-violence-272/
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
hisah
#2378 Posted : Wednesday, May 16, 2012 5:30:18 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Interesting headlines on euroland... One would think the world is surely coming to an end.

Greeks withdraw $894 million in a day: Is this beginning of a run on banks? - http://worldnews.msnbc.m...-of-a-run-on-banks?lite

Could a Greek Bank Run Go Global? - http://www.huffingtonpos...k-run-go_b_1514808.html

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
Cde Monomotapa
#2379 Posted : Wednesday, May 16, 2012 5:42:19 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Capital flight from where into where?
Back to top
  |
hisah
#2380 Posted : Wednesday, May 16, 2012 6:10:13 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Cde Monomotapa wrote:
Capital flight from where into where?

To the mattress and that's a lot of thick paper mattress and pillows smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
543 Pages«<236237238239240>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.