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youcan'tstopusnow
#2461 Posted : Wednesday, June 13, 2012 12:14:19 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Wow, the Greeks may have been hoping for some respite on the football pitch to boost the national psyche but it was not to be as they lost 2-1 to the Czech Republic.
The following tweet stood out:
"What is up with this Greek defence? Weak just like their finances!":-o
GOD BLESS YOUR LIFE
youcan'tstopusnow
#2462 Posted : Wednesday, June 13, 2012 1:20:42 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
A past article on Gaddafi and the Gold Dinar
http://www.globalresearc...ontext=va&aid=24639
GOD BLESS YOUR LIFE
kyt
#2463 Posted : Wednesday, June 13, 2012 2:01:04 AM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
bigsam would not have allowed a gold dinar. it would his status. gadhaffi had to go....sad but true.
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
hisah
#2464 Posted : Wednesday, June 13, 2012 9:05:51 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Now Spain is not Uganda... What a comparison?! This is desperation of the highest order dear espana...

Look up the hashtag #UgandaisnotSpain on twitter.

Aljazeera interview about the same -
http://stream.aljazeera....gandaisnotspain-0022234


And a UG youtube blogger - www.youtube.com/watch?v=5cfS5KSGA5I
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2465 Posted : Wednesday, June 13, 2012 3:03:14 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Kenya invites bids for coal exploration blocks - http://af.reuters.com/ar...s/idAFL5E8HD0VX20120613

Quote:
Some of the coal will go to the cement and steel industries, which import 3.6 billion shillings ($40 million) of coal a year. The rest will be used for electricity generation, reducing reliance on thermal and diesel-fired plants to fill deficits in supply.


$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2466 Posted : Wednesday, June 13, 2012 6:39:35 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Farage rants for today on the euro titanic... https://www.youtube.com/watch?v=TN_1mF-3JTI
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
karanjakinuthia
#2467 Posted : Wednesday, June 13, 2012 7:18:02 PM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
“During this new stage of the depression, the refugee gold and the foreign government reserve deposits were constantly driven by fear hither and yon over the world. We were to see currencies demoralized and governments embarrassed as fear drove the gold from one country to another. In fact, there was a mass of gold and short-term credit which behaved like a loose cannon on the deck of the world in a tempest-tossed era.” Herbert Hoover on the 1931 Sovereign Debt Crisis

"After the Spanish banking bailout drama the action now swings back to Greece for the election this weekend. Former Prime Minister George Papandreou tells Bloomberg TV’s Sara Eisen that Greece has ‘a few weeks’ before its government runs out of money and that this is a ‘make or break’ period..."

http://www.arabianmoney....ster-george-papandreou/


"VENICE — Concerns grew on Monday that Italy could be the next victim of Europe’s financial infection, leading nervous investors to sell Italian stocks and bonds and damping euphoria over a weekend deal to bail out Spain’s banks...."

http://www.nytimes.com/2...mp;emc=edit_th_20120612
Mainat
#2468 Posted : Thursday, June 14, 2012 8:23:50 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Best thing that can happen for Greece and the EU is for Syriza party to win on Sunday. We'll then see market-led solutions. Greece would exit and every EU country will truly focus on what it needs to let go.
Ze hardest part will for be ze German to let go hiz European conquering dreams
Sehemu ndio nyumba
FUNKY
#2469 Posted : Thursday, June 14, 2012 8:38:42 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
hisah
#2470 Posted : Thursday, June 14, 2012 9:52:56 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
FUNKY wrote:
http://af.reuters.com/article/investingNews/idAFJOE85C09L20120613

Cash out IPO. Lucky owners.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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