Debt

May 9, 2010

Greek Contagion – India's Chief Economic Advisor thinks that India might "Benefit" as a "Safe Haven" if Crisis is "Contained"

India’s chief economic advisor thinks that India could benefit from increased capital flows if the Greek crisis is contained at the present level. How he thinks […]
May 9, 2010

Spanish Leaders Blame "Speculators" and "Britain" for the Greek Contagion

As I have been writing in my earlier posts , EU leaders are continuing to put the blames of the EU debt crisis on “speculators” and […]
May 8, 2010

German Court Refuses to Block Aid to Greece ;Top Economists Complaint Rejected

Good news for the Bailout Cheerleading Gang as the top German Court refused to block the emergency aid to Greece which had been approved by the […]
May 8, 2010

Greek Contagion – Portugal Plays Good by accelerating Deficit Reduction

The last 2 weeks market gyrations have had their effect on the PIIGS. The rising interest rate on their bonds and the consequent effect on their […]
May 8, 2010

Greek Contagion – Sarkozy and Merkel indulge in favorite pastime of blaming the "Speculators" ; EU to set up Stabilization Fund

Last week the markets were hammered due to the spreading of the Greek contagion with Euro falling , sovereign debt CDS of the PIIGS increasing daily […]
May 7, 2010

Greek Contagion – CAC down 5% in mattter of minutes, VIX up nearly 100% in 2 days

Greece was given an aid package by EU-IMF to contain any contagion effects but looks like it has failed miserably.No one knows how this one will […]
May 7, 2010

Greek Crisis Casualty – IPOs all over the World get pushed to the Backburner

One of the biggest causalities of The Greek crisis has  been the  world IPO market.Number of companies all over the world are deferring their IPOs seeing […]
May 7, 2010

Why is VIX still up more than 50%,Yen up 5% against Dollar While US markets have recovered after falling 8%

The rush to safe haven assets today was frightening to say the least.As I write this VIX went up by more than 50% while Yen is […]
May 7, 2010

US Markets Drop more than 8% , Dow down more than 900 points ;Where is the PPT

Markets are dropping like a rock. Went down more than 4% in less than a minute.Seemed like that the whole financial system was unravelling. The European […]
May 5, 2010

Spanish PM calls debt fears related to country's sovereign debt as "complete madness" but CDS on Spain keeps climbing higher

The politicians keep saying that the sovereign debt fears related to their country are a complete hogwash but these fears keep coming true with nasty regularity.Dubai’s […]
May 4, 2010

Do Falling Chinese and Southern European Markets portend the end of March 2009 rally?

For the last few days the Shanghai and Southern European markets of Spain,Greece and Portugal have been falling despite higher US stock indices.This is a bit […]
May 4, 2010

IMF-EU Brokered Greek Bailout Plan might Unravel sooner than you think

Greece agreed on a plan with EU-IMF which requires sharp spending cuts and tax increases on Sunday to get their hands of more than 100 billion […]
May 2, 2010

Where will Portugal and Spain go? Germany Economy Minister says Greek bailout cannot be allowed again

German Economy Minister and Free Democrat Party Leader ( FDP is one of the junior partners in the ruling coalition and stands for its pro-business liberal […]
May 2, 2010

Weekend Bailout – Greece Agrees on EU-IMF bailout with "great sacrifices"

As has been the fashion since the financial crisis began with Bear Sterns, bailouts are worked out during the weekends ,the Greece one also was no […]