February 9, 2015
Hryvnia Volatile, Near 25 Per US Dollar; Three Days of Wild Swings
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Hard hitting global and local news
Hard hitting global and local news
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Today the Financial Times reports No extension to Greek bailout, says Tsipras .
Recall what I said on January 31, in Diving Into the GDP Report – Some Ominous Trends – Yellen Yap – Decoupling or Not? Growth in fixed investment is falling rapidly
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In a interview yesterday on Zeit Online, Greek finance minister Yanis Varoufakis admitted the obvious truth: "I’m the Finance Minister of a Bankrupt Country" . It took an amazing amount of time to admit the obvious truth, but the important point is the truth is finally on the table. Effectively, Greece finally admitted that it has no more funds to pay the bully
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Link: Voter Sentiment in Spain Shifts Towards Podemos in Growing Numbers
Read More: Black Market in Ukrainian Currency Masks True Extent of Decline; Banks Impose 30% Foreign Exchange Fee; Freely Floating…
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