February 2, 2013
500,000 People Sign Petition Asking Prime Minister Rajoy to Resign
Read More: 500,000 People Sign Petition Asking Prime Minister Rajoy to Resign
Hard hitting global and local news
Hard hitting global and local news
Read More: 500,000 People Sign Petition Asking Prime Minister Rajoy to Resign
Excerpt from: Ten Reasons for Declining GDP Growth Over Time; Analysis of Various GDP Deflators
"Shocking" Contraction The GDP report was a shocker, coming in at an annual rate of negative 0.1%.
Click on any chart to see a sharper image Current data is as of November Annotations in purple by me Let’s start with a look at the rate of increase in home prices vs. the rate of increases in OER
Iceland Wins! "Icesave" Lawsuit Dismissed, Court Orders EC and EFTA to Pay Costs Posted by Michael Shedlock at 12:09 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. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)
Please consider L’austérité à la française: city sells prized wines . The city of Dijon has just sold off half of its prized municipal wine cellar to help fund local social spending – including a bottle of 1999 Burgundy knocked down at auction for €4,800 to a Chinese buyer. In total, the capital of the Burgundy region raised €151,620 from the “historic sale†of 3,500 bottles that were part of a collection built up since the 1960s, it announced in a statement on Monday
Please consider France ‘totally bankrupt’, says labour minister Michel Sapin . France’s labour minister sent the country into a state of shock on Monday after he described the nation as “totally bankruptâ€.
I want you to publish this rebuttal to your post. You can use my first name if you’d like with Libertarian-turned-Keynsian in brackets
Here is a chart from the Telegraph article UK heads for triple dip as GDP contracts 0.3pc to consider. Double Dip? The blue rectangles are mine.
While pondering what Dragi knew or didn’t, let’s turn our focus on actual losses. Reuters reports Monte Paschi Shares Plunge on Derivative Loss Fears Shares in Banca Monte dei Paschi di Siena, Italy’s third-biggest lender, fell more than 5 percent for the second day in a row on Wednesday on worries of mounting losses on some financial derivative positions which it took in 2008 and 2009