April Greek Capital Flight €5 Billion; Eurozone Liabilities Hit €115 Billion
May 28, 2015 0

April Greek Capital Flight €5 Billion; Eurozone Liabilities Hit €115 Billion

By News Desk

The ECB is attempting to stem the flow by not upping emergency liquidity assistance (ELA) as noted yesterday in Run on Greek Banks Accelerates; ECB Halts Emergency Funding Hike; Untangling the Lies Everyone Prepared? When the ECB and Germany say they are prepared for Grexit, do they include taxpayers who will have to foot the bill for default? My friend Lars from Norway pinged me with this observation today…

Run on Greek Banks Accelerates; ECB Halts Emergency Funding Hike; Untangling the Lies
May 27, 2015 0

Run on Greek Banks Accelerates; ECB Halts Emergency Funding Hike; Untangling the Lies

By News Desk

CNBC reports Greek Bank Outflows Accelerate, Reached 5 Billion Euros in April . Greek banks have seen deposit outflows accelerate over the past week as fears rise that the euro zone country will default on debt, two banking sources said on Wednesday. The spike follows a steady outflow of money from Greek lenders this year as Athens and its creditors struggle to agree an aid-for-reforms deal before Greece runs out of money

May 27, 2015 0

Weird paper claims climate change helps biodiversity

By News Desk

Tweet ScienceDaily says a paper found that climate change has less impacts on biodiversity than land use has. My first thoughts were that it’s plausible, that the negative effects are combined, and that the priority might depend on the assumptions. I tried to RTFA , but it was paywalled other than a long abstract

Regional Manufacturing Comparative Wrap-Up: Empire State, Philly, Kansas City, Richmond, Dallas
May 26, 2015 0

Regional Manufacturing Comparative Wrap-Up: Empire State, Philly, Kansas City, Richmond, Dallas

By News Desk

Regional Manufacturing Comparative Wrap-Up: Empire State, Philly, Kansas City, Richmond, Dallas Posted by Michael Shedlock at 2:49 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.