Top Cat lived in a bin pic.twitter.com/9dWO7N3QpP— Ricky Haggett (@KommanderKlobb) April 27, 2016
Loans and Finance
Thursday, April 28, 2016
Halifax's Marketing Snafu
Wednesday, April 27, 2016
Greece has not specified where the cuts would be made.
When will Greece realise that leaving the Eurozone is its best option?
Friday, April 22, 2016
No Greek Deal
No deal between Greece and lenders seen on Friday: Eurogroup head https://t.co/xgWgIyxG2I pic.twitter.com/pMzw6VjArS— Reuters Top News (@Reuters) April 22, 2016
Thursday, April 21, 2016
The Wheels Fall Off The Auto Industry - Volkswagen To Buy Back Cheating Cars
The Guardian reports that some owners would get a choice of having VW repair their cars or buy them back.
Wednesday, April 20, 2016
The Eurozone is Killing Greece
Punchy letter from a reader in Athens in yesterday's FT pic.twitter.com/r9SJGaGrUF— Alasdair Pal (@AlasdairPal) April 20, 2016
China Is a Busted Flush
China firms now take a record 192 days to collect payment for their goods/services from when they pay for the inputs https://t.co/SnmD7EaxL7— Linda Yueh (@lindayueh) April 20, 2016
Kicking The Can Down The Road
"We'll see further debt crises," ex-Bank of England governor Mervyn King says. Watch live https://t.co/otlPc1shgx https://t.co/mxXL8XMKx1— Bloomberg TV (@BloombergTV) April 20, 2016
Tuesday, April 19, 2016
Failed In Spain Since 2009
*ECB SAYS SPAIN MISSED DEFICIT TARGET BY `LARGE MARGIN' // Yes, every year since 2009.— Dick Darlington (@Darlington_Dick) April 19, 2016
Thursday, April 14, 2016
BP Shareholders Revolt Over CEO Pay Rise
The BBC reports that those who have spoken out include Aberdeen Asset Management and Royal London Asset Management.
Wednesday, April 13, 2016
The Price of Misconduct - £53BN and Rising!
Reuters quotes John McFall, a director of New City Agenda and former Treasury Committee chairman:
"The profitability of UK retail banks has been imperilled by persistent misconduct.I am more than certain that the costs will keep rising!
This has made every citizen poorer through our pension funds and our ownership of the bailed out banks."
Tuesday, April 12, 2016
Greek Bailout Talks Halted
Greek bailout review talks halted as differences between IMF and EU Commission remain https://t.co/0rwiehhgUG— Open Europe (@OpenEurope) April 12, 2016
Germany Offers Negative Interest Rates
German banks: "we have a special rate for you"#Cash#Bitcoin#Gold#Winners pic.twitter.com/sUEifC0Rp2— Lawrence McDonald (@Convertbond) April 12, 2016
Monday, April 11, 2016
Germany's Fair Deal For Britain After Brexit
The Commentator reports that Germany will make the following previsions:
1) Immediately toning down any reference to "punishing" Britain for leaving;
2) Forging a UK-EU cooperation agreement to deal with all strategic, economic and migration issues;
3) Including, as a top priority, the United States, to be an honest broker.
In other words, Germany wishes it to be business as normal wrt business and normal interstate interactions.
Thursday, April 07, 2016
Greece Wallows In Permanent Unemployment
#Greece The seasonally adjusted unemployment rate in January 2016 was 24.4% vs 25.7% in January 2015 and vs 24.3% in December 2015— Efthimia Efthimiou (@EfiEfthimiou) April 7, 2016
Why on earth does Greece want to remain in the Eurozone?
Tuesday, April 05, 2016
Lagarde's "Good Faith"
She told Bloomberg TV the aim was to restore Greek competitiveness within a framework of debt sustainability.
Quoted by Reuters, she said:
"The objectives have not changed.Lagarde is of course being somewhat disingenuous, for she has neglected to mention that Germany has said "nein" to any for of debt relief for Greece.
Everything has to add up."
Without debt relief, the IMF will not remain part of the Quadriga. Which brings us back to the "credit event" that the IMF was plotting, in order to bring about a solution to the Greek/German impasse. This "event" has, of course, been hotly denied by Lagarde.
However, she would deny that wouldn't she?
Monday, April 04, 2016
Lagarde Ridicules Greek Leaks
"The IMF conducts its negotiations in good faith, not by way of threats, and we do not communicate through leaks."What she hasn't said though is that the leak is fake.
That means that the conversation did occur and that either there is a whistle blower in the IMF, who managed to transcribe the discussion about forcing an agreement on Greece, or that the room in which the discussion was held was bugged.
The question is, what are the IMF going to do about those tow possibilities?
Sunday, April 03, 2016
IMF and Greece Fall Out
Greek Prime Minister Sends Angry Letter To Christine Lagarde Over IMF Leak https://t.co/JQGlc4UVZ5 pic.twitter.com/b8VFHVi2Fg— zerohedge (@zerohedge) April 2, 2016