January 25, 2014 0

Economist’s Absurd "Divided Thailand" Commentary

By News Desk

In their latest article, " Political crisis in Thailand: You go your way, I’ll go mine ," one of these lobbying firms comes to mind -  fellow Chatham House corporate member Amsterdam & Partners .  Robert Amsterdam  is currently representing deposed dictator, accused mass murderer, and convicted criminal Thaksin Shinawatra, as well as his "red shirt" enforcers. It claims: Indeed, many red shirts say Bangkok is already lost. Mr Suthep has nearly free rein there, closing down most government offices.

January 24, 2014 0

Emerging Market Contagion Spreads; Argentina, Venezuela, Turkey Roundup; 50% Tax on Internet Purchases

By News Desk

Earlier this month, Reuters reported Argentine peso at new lows as food price controls take effect Argentina’s peso slid to an all-time low on Tuesday as supermarkets froze prices in a deal with the government aimed at shielding poor families from one of the world’s highest inflation rates. The year-long price fix on 200 basic food products signals continuation of President Cristina Fernandez’s interventionist policies even as polls show her image has been battered by 25 percent inflation, falling reserves and electricity shortages. Tight currency and trade controls, as well as last year’s state seizure of Argentina’s top energy company YPF have taken a toll on confidence, while the electricity grid, ailing from lack of investment, fails to keep air conditioners humming at the height of the Southern Hemisphere summer

January 24, 2014 0

Steyn vs. Steyn – Don’t Miss Any Updates From Richard Troll

By News Desk

Tweet As Michael Mann and Michael Mann’s lawyers may have prayed, both Rand Simberg and Mark Steyn, especially Mark Steyn have proved themselves exemplary defendants, well if you want to talk about those seeking to shoot themselves in the foot head.  Eli has already gone on a bit about Simberg and his ill advised 60 comment hate on Judge Greene, now the good Mother Jones , speaking through Mariah Blake, has a word on defendant Steyn.

January 23, 2014 0

Liquidity Insurance

By News Desk

I made a nearly-identical statement yesterday in a comment regarding my post False Thesis of the Day: Huge Cash Pile Puts Recovery in Hands of Corporations; Cash Cow Revisited . " Cash is just not going to be used for the way Deloitte suggests