Greece Moves The Goalposts Again

Moodys says #Greece's renewed tensions with creditors 'signal delays in second programme review, a credit negative'.

— Yannis Koutsomitis (@YanniKouts) December 19, 2016

Unicredit Hits The Skids

UniCredit to raise billions and cut 14,000 jobs https://t.co/jRZmEQjVHh

— BBC News (World) (@BBCWorld) December 13, 2016

IMF's Useless Greek Predictions

The forecasts the #IMF has run so far turned out spectacularly wrong, #Greece Econ Min Papadimitriou tells @BloombergTV #economy

— Manos Giakoumis (@ManosGiakoumis) December 13, 2016

Greece Caught Between Rock and a Hard Place

IMF:More debt relief,lower surpluses after 2018. Schäuble:IMF in program,but no relief nor lower surpluses. Enough w/ games against #Greece.

— Dim. Papadimoulis (@papadimoulis) December 8, 2016

Greece should do itself a favour, and leave the Eurozone.

IMF's Greek Fantasy - Sunday Opening

According to daily To Ethnos, the IMF submitted a demand to the Greek government last Friday via an e-mail that all stores be open on 52 Sundays per year, and to legislate this measure within the month of December.

The Fund claimed that this measure was including in the first tool kit of the OECD that was not implemented.

All very well and jolly in a wealthy consumer driven economy. However, Greeks are living in penury.

How much extra will they buy if stores are open on Sunday?

Bugger all!

Greece Tells IMF To Fuck Off

Govt spokesman Tzanakopoulos: #Greece has made it clear it won't accept new measures for period after 2018. "Ball is in IMF's court."

— Nick Malkoutzis (@NickMalkoutzis) December 6, 2016

Greek Crisis Hasn't Gone Away

Whilst the media have been distracted by Brexit and Trump, the Greek debt crisis hasn't gone away.

As per the Wall Street Journal Germany and the Netherlands have promised their parliaments that they won’t ask for more money for Greece unless the IMF also resumes lending to Greece.

However, the IMF won’t do this unless it is satisfied that Greece’s debt burden is sustainable. For the IMF, this is a question of institutional credibility. It has already put its name to two failed programs, and it is determined that it will only join a third program if it is convinced that Greece can return to the markets at the end of it, its financial sovereignty restored.

Fat chance of that!

Coming Soon - Meat Free Fivers!

"Just time for a quick look at the headlines. The Times leads with..." pic.twitter.com/n0mat8HqWE

— Stephen Graves (@stephengraves) November 30, 2016

More Austerity For Greece - Whether Greece Likes It or Not!

Athens fears IMF, Berlin will reach deal for further austerity https://t.co/C8kOauW3P2 pic.twitter.com/yQww2i0Yt3

— yannis xamonas (@xamonas) November 29, 2016

The Autumn Statement Live

The Chancellor will give his #AutumnStatement to the @HouseofCommons at 12:30pm - watch it here: https://t.co/ZuHw0bGE3j pic.twitter.com/nSoMQuwhg6

— HM Treasury (@hmtreasury) November 23, 2016

Three Mobile Hacked - Six Million Customers at Risk

Three Mobile admitted that hackers have successfully accessed its customer upgrade database after using an employee login.

Sources familiar with the incident told the Telegraph that the private information of two thirds of the company's nine million customers could be at risk.

The company confirmed the breach on Thursday evening but declined to say whether customers' data was stolen or how many have been affected.

Three said that the data accessed included names, phone numbers, addresses and dates of birth, but added that it did not include financial information.

As I have noted before, all IT systems are at risk of hacking. Therefore people need to be prepared for their personal data  to be stolen.

IMF Brexit U Turn

The International Monetary Fund said today that it expects the UK to be the fastest growing G7 economy this year, backtracking on its post-Brexit recession warning.

Brexit Recession Fails To Materialise

Retail sales rose 7.4% in Oct 16 compared with Oct 15 and were up 1.9% on Sept 16 https://t.co/aUbuZnxet4

— ONS (@ONS) November 17, 2016

Another nail in Project Fear's coffin!

Unemployment Falls To 1.6M

UK unemployment falls to 1.6m https://t.co/vSVVGINhar

— BBC News (UK) (@BBCNews) November 16, 2016

When Stats Don't Convince, Change What You Measure

ONS plans to replace the main measure of inflation yet again - and the replacement still has major problems https://t.co/XI5OGhBMct

— Paul Lewis (@paullewismoney) November 15, 2016

The ONS, an organisation that publishes statistics that are out of date and invariably wrong, has decided to change its measure of inflation.

For why?

In order to confuse people so much, that they can't tell if the measure is accurate, timely or relevant!