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Greece bailout talks: No agreement in Brussels

Greece Debt

Well, it was “no deal” last night in Brussels after all! Yanis obviously thought he had conceded what his government had allowed him to concede (or did he?), and everyone believed a compromise had been reached – but when he phoned home, the boss told him “óchi!” (That’s “no”, by the way…) He had More...

by Ian Williams | Published 5 years ago
Federal Reserve Tapers Bond Buying Program
By Robert On Thursday, January 30th, 2014
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Federal Reserve tapers by another $10 billion for the second straight month

In Ben Bernanke’s final meeting as chairman of the Federal Reserve Bank as expected he continued “tapering” of the bond buying program which had been implemented to stimulate the US economy. The tapering More...

Emerging Markets Crisis
By Robert On Thursday, January 30th, 2014
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Emerging Markets: Argentina Gold Going Crazy With a comparison to the Turkish Lira as well

The crisis in the emerging markets started with the Federal Reserve in the US announcing that it would “taper” its bond buying, a process that has been helping the US recovery. The announcement was made More...

By Robert On Thursday, January 30th, 2014
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Ukrainian Prime Minister Resigns

The Prime Minister of the Ukraine, Mykola Azarov, resigned on Tuesday, 28 January. Some say that this was inevitable, given that a vote of no-confidence which would have taken away his authority was planned in the More...

Apple Share Price Crash
By Robert On Wednesday, January 29th, 2014
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Apple Share Price: Is the Great Bull Run Over?

Lack of innovation seems to be hitting at Apple’s share price. On Tuesday 28th January the price of Apple shares dropped to $500, and on Wednesday it briefly nudged underneath this milestone level. Apple has long More...

Federal Reserve Tapering
By Robert On Sunday, January 5th, 2014
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Federal Reserve starts taper – and avoids Wall Street Crash

A week or so ago the US Federal Reserve Chairman Ben Bernanke announced that “tapering” would begin. As this is a situation which has not been seen before, opinions varied on what the impact of it would More...

The Chinese ban will make it harder for locals to swap their yuan for bitcoins
By Robert On Saturday, December 21st, 2013
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Bitcoin’s Crash on China

You may remember our discussion of the volatility of Bitcoin just over a month ago, and recent events have shown how true our worries were. In case you have not heard, this week China took some actions which caused More...

Russia aids Ukraine
By Robert On Saturday, December 21st, 2013
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Russia bribes Ukraine

Russian president Viktor Yanukovych is giving $15 billion of Russian financial aid and a one-third discount on energy imports to help support Ukraine. In the deal Russia will be cutting the price it charges Ukraine More...

USA Non-Farm Payrolls
By Robert On Thursday, November 14th, 2013
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October’s nonfarm payrolls: 204000

The nonfarm payroll is an important statistic for United States. It is usually reported monthly on the first Friday of the month, but because of the government shutdown in October it was reported this time on the More...

Twitter iPO
By Robert On Thursday, November 14th, 2013
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The Twitter IPO

At the end of the week when Twitter went public, there was a sigh of relief at Goldman Sachs, the bank that led the IPO. Fittingly, the sigh was expressed in the form of a tweet ‘Phew’ by the lead banker, More...