22 April 2013 - 17:56 pm
In what may come as a shock to an otherwise quiet Germany, which has hardly seen any of the vocal (and actionable) “Euroskepticism” prevalent among its smaller peripheral neighbors, Handeslbslatt reports that a whopping 19% of Germans have said… more
Tagged in: afd, beppe grillo, bundestag, cdu, choice decision, contraction, deutsche mark, discontent, euroskeptic, five months, germans, good chance, google, handelsblatt, italian election, merkel, prominence, representative survey, respondents, sideshow
04 March 2013 - 18:43 pm
Italy could be inching closer towards another election within months after centre-left leader Pier Luigi Bersani issued an ultimatum to anti-establishment 5-Star Movement boss Beppe Grillo to support a new government or return to the polls. Bersani underlined… more
Tagged in: aviator sunglasses, beppe grillo, boss, elections, giorgio napolitano, grand coalition, italy, long walks on the beach, mandate, mario monti, opposition, parliament, persuasive powers, photographers, polls, senate president, silvio berlusconi, technocrat government, tuscan villa, ultimatum
03 March 2013 - 19:26 pm
Italy plunged deeper into political chaos this weekend after Beppe Grillo, the quixotic former comedian who holds the balance of power in parliament, suggested that the country may have to abandon the euro and return to the lire. The rebel comic’s warning… more
Tagged in: beppe grillo, euro zone, german magazine, grass roots, human fly, marina di bibbona, political activist, political chaos, political paralysis, public appearance, rebellion, ski goggles, trillion
03 March 2013 - 9:39 am
Governments have a key role in solving Europe’s sovereign debt crisis, and central banks can buy time but not take their place, European Central Bank Executive Board member Benoit Coeure said on Saturday. The euro zone debt crisis has wrought havoc… more
Tagged in: act one, austerity, bank executive, benoit coeure, beppe grillo, cambridge massachusetts, central banks, debt crisis, democratic credentials, economic hardship, election winner, euro zone, executive board member, harvard university, political bodies, political corruption, protest vote, public finances, sovereign debt
01 March 2013 - 14:28 pm
Italy remains in a state of political flux this morning. Pier Luigi Bersani, the centre-left leader whose hopes of winning this week’s general election were dashed, has this morning ruled out a Grand Coalition with the centre-right. In an interview… more
Tagged in: angela merkel, beppe grillo, cdu, eurozone, general election, german politician, giorgio napolitano, grand coalition, implicit instability, klaus peter, la repubblica, minority government, monetary union, political analysts, political flux, prime minister, senate, silvio berlusconi, vote of confidence
24 May 2013 - 23:33 pm
ALERT-Above 5234 if trades grab CRUDE MCX….Stoploss will be 5203.Target 5275—5288 level…….lets seeeeeeeeeeee — Anirudh Sethi (@anirudhsethi71) May 24, 2013
In Categories: Analysis, Crude
24 May 2013 - 22:11 pm
Kudos to Kyle Bass at Hayman Advisers for warning that the Bank of Japan would lose control of its 70 trillion bond buying blitz. The spike in the 10-year yield to 1pc on Thursday was certainly shocking to behold. His point is that the BoJ faces a “rational… more
In Categories: Analysis
24 May 2013 - 21:26 pm
European stocks fell for a second day-in-a-row (notable in its own right as not having happened for 5 weeks) for the biggest drop in 6 weeks capping the worst week in 2 months. Spain and Italy saw their stock indices drop 3.6% on the week. But it was European… more
In Categories: Analysis
24 May 2013 - 20:30 pm
“Central bankers claim that they aren’t starting a currency war,” wrote market expert Ed Yardeni. “They deny that their policies are aimed at the competitive devaluation of their currencies. Let’s call it competitive ultra-easing.… more
In Categories: Analysis
24 May 2013 - 20:05 pm
Reliance Industries (RIL) today announced a huge natural gas discovery, possibly the biggest find ever, in the flagging eastern offshore KG-D6 block that will be key to arresting falling output. RIL and its partner BP plc of UK encountered 155 metres of gas… more
In Categories: Analysis