Daily Archive: Monday, March 15, 2010

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 of Diego Garcia in the Indian Ocean in preparation for a possible ...Read More

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, then 7, then 10, then 15, then 20 with no takers. How ...Read More

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 Monday. Member states have apparently agreed on “coordinated bilateral contributions” in the ...Read More