Debt

July 14, 2010

German Exporters make Hay from Euro weakness as Global Trade Imbalances grow even Bigger

.The almost 20% peak to trough fall has led to Germany's already strong exporting machine to generate even greater exports.While the rest of the European countries like Spain,Greece and Portugal don't really have the industry to benefit from Euro weakness,Germany has a massive industries to do so.
July 13, 2010

Unrestricted Globalization of Capital Flows Consequence – Swiss Currency Strength leads to Impoverishment in Hungary

There has been reports of massive debt distress in Eastern European countries following the Global Financial Crisis.One of the major factors leading to this is the […]
June 23, 2010

Indian IPO – Review and Analysis of Aster Silicates reveals it to be another High-Priced Junk Offering

India has seen numerous junk initial public offerings (IPOs) in the last few months which have either led to serious losses for the investors or have […]
June 22, 2010

European Crisis resumes with French Financial Sector facing Ratings Cut over Balance Sheet Concerns

The European Crisis which had been put into the backburner over the past week has resumed after the Much Ado about Nothing – Yuan Appreciation games.The […]
June 19, 2010

Spain may use a backdoor approach in cutting Solar Subsidy to rein in Renewable Energy Costs

Background on Spanish Government’s proposal to cut Solar Subsidy on Existing Plants The Spanish government has been actively discussing with industry groups on how to reduce […]
June 17, 2010

Impact of Spain's proposal to retroactively implement an "Industry Killing" 30% Solar Subsidy Cut on Existing Solar Plants

According to the Spanish Solar Power Lobby ASIF,the Spanish government (under Pressure with Spanish Banks facing Funding Problems and Spanish Bond Yields Rising) is proposing a […]
June 16, 2010

Asian Countries impose Capital and Currency Controls to Moderate the Inflow of Speculative Money

Asian countries are being forced to impose capital and currency controls as zero interest rates in Developed countries moves speculative money towards Asia.The Lehman Crisis in […]
June 15, 2010

After Africa China finds another distressed country in desperate need of Chinese capital- "Greece"

China with its $2 Trillion Foreign Exchange Reserves is on the constant lookout for cheap assets around the world.With its massive horde of Dollars and Euros […]
June 14, 2010

Spanish Banks facing a Bear Stearns kind of situation with Foreign Banks refusing to Lend

Bear Sterns was brought down as trading partners refused to provide short term funding to the bank.With Banks losing trust and faith in Bear Sterns solvency […]
June 8, 2010

Spanish Government losing support for Fiscal cuts;UK gets warned by Fitch

The Spanish government which moved quickly to cut its Fiscal Deficit following the Greek crisis is now facing a major challenge from the Spanish Unions.The government […]
June 4, 2010

Hungary takes the role of Forger of Accounts from Greece

Eastern Europe moves to the spotlight Seems these days Friday equals to Red for the “Risky Assets”.Eastern Europe had moved to the periphery of world’s attention […]
June 2, 2010

Indian Hypercompetitive Telecom Market – Has Consolidation started with Etisalat and Reliance Communication

Unique Indian Telecom Market The Indian Telecom Market is a unique market in many ways due to the following reasons Fastest Growing Telecom Market in the […]
June 2, 2010

Spanish Cajas in trouble as S&P and Fitch cut debt ratings;Caja Madrid reported in need of 3 Billion Euro Bailout

Spanish Cajas have been in the news recently acting as the equivalent of the “subprime sector” during the US financial crisis.CajaSur was seized by the Spanish […]
May 29, 2010

PIGS face a Catch-22 situation – Spain gets its AAA Sovereign Rating cut by Fitch

The Greek Contagion throws up bad news everyday.Not a day passes by it seems when the Markets and the Euro are rocked from the PIIGS.The Spanish […]
May 26, 2010

Merging Spanish Cajas brings no relief to beleaguered Banking sector as 2nd largest Spanish bank BBVA unable to get funding

Europe has been recently been rocked by problems in Spain’s Banking sector as Spain’s central bank was forced to seize a Priest led  Bank “CajaSur” which […]
May 25, 2010

Greek Contagion – Swiss Franc appreciating despite "currency manipulation" by Swiss Central Bank

The Greek Contagion has led to indirect negative effects in unlikely places all over the world with the Swiss Central Bank being one of the casualties.The […]
May 25, 2010

Greek Contagion – Euro pressured by Spanish Cajas as Asia slides due to Korean war mongering

The Greek Contagion continues to negatively affect the world markets and the Euro.Despite a short covering rally in the Euro last week,it has not managed to […]
May 24, 2010

Priest cum Chairman of Spanish Bank CajaSur prays as bank gets seized

The State of  Management of some of the European banks would seem funny  if it was not such a serious matter.According to Bloomberg ,Bank CajaSur which […]
May 20, 2010

A Chronology of the Greek Contagion as Risky assets take another Big Fall

A Chronology of the Greek Contagion 1) Markets get spooked by the Greek crisis ; IMF/EU  Bailout  deemed insufficient 2) European markets and risky assets take […]
May 19, 2010

Merkel almost declares defeat in "War" with Euro Speculators after EU Bazooka Fizzles out

Merkel and Sarkozy Declared War on Euro Speculators 2 weeks ago when they unleashed a massive $1 trillion bailout for the debt ridden “Club Med’ countries […]
May 19, 2010

Twin Shocks Hit Markets as Germany Bans Naked Short Selling and US Senate puts Curbs on Credit Cards

Markets have become a very risky place both on the long and short side with governments coming up with new “bailouts” and “regulations” almost each day […]
May 18, 2010

PIGS under Pressure : Portugal sees Unemployment going up even without Austerity

The EU bazooka which led to a massive short covering rally has fizzled out with the Euro below the level that it one week ago.However I […]
May 14, 2010

Greek Contagion Friday Deja Vu : European Markets closes down 3-5%,Euro goes below 1.24,VIX up 15%

The Greek Contagion is back with full force with its attendant symptoms.Only last week these symptoms had shocked us with its ferocity.Last week I wrote in […]
May 14, 2010

Greek Contagion – Euro hits new low despite EU Bazooka as Political and Social Fissures Increase

The European Bazooka which led to a massive short covering rally on Monday has been proven a complete waste in just 5 days. Reports of political […]
May 12, 2010

Gold goes up as Europe and US Continue to Print Paper Currency

Gold has gone up to touch all time highs. Despite the European Bazooka and the melt up in markets,gold has not come down from the highs […]
May 11, 2010

Despite the European Bazooka,Falling Chinese Stocks May Point to a Market Top

Europe’s $970 Billion Bazooka yesterday certainly led to a “defeat” of the “speculators” yesterday as major European markets climbed by 5% while smaller ones climbed by […]
May 10, 2010

EU blows away the "speculators" and the "market" with $970 Billion Bazooka;CAC up 8%,Euro up 2.2%,Asia up 2-3%

The European leaders plan to blow away the Euro sceptics has been an outstanding “success” . The $971 billion plan by the EU,ECB and assorted central […]
May 10, 2010

Europe brings a $670 Billion Artillery to battle the "speculators"; We shall defend the Euro whatever it takes – New Battle Cry

As promised the European leaders chalked out a massive 500 Billion Euros Fund to battle against the “speculators” . This fund will provide emergency lending and […]
May 9, 2010

Greek Contagion – Hong Kong's IPO market shudders to a halt

As I was writing in my earlier posts , one of the biggest causalities of The Greek crisis has  been the  world IPO market.Not only have […]
May 9, 2010

Greek Contagion – 15% Oil Correction has Kuwait asking OPEC to support Prices

The last week’s sharp decline in commodities and stock markets has a lot of people making half baked statements while others are panicking . We had […]