Daily Archives: March 15, 2010 @ 7:52 pm (Monday)

Iran

Not a good idea to get short crude with this kind of tail risk…. Final destination Iran? By Rob Edwards Published on 14 Mar 2010 Hundreds of powerful US “bunker-buster” bombs are being shipped from California to the British island … Continue reading

Posted in Comodities | Tagged |

Euro finance ministers to agree on Greek aid: source

Without an interest rate and a credible quantity pledged, the agreement is grossly deficient. The way Greece obtains funding is by offering ever higher rates until there is a taker. So let’s say they offer securities at 5%, then 6, … Continue reading

Posted in Currencies, ECB, EU, Germany | Tagged |

The Eurozone Solution For Greece Is A Very “Clever Bluff”?

The Eurozone Solution For Greece Is A Very “Clever Bluff”? The Guardian is today reporting that, after weeks of crisis, the Eurozone has agreed to what appears to be a multibillion-euro assistance package for Greece that will be finalized on … Continue reading

Posted in Credit, Currencies, ECB, EU, Germany, Government Spending | Tagged |