Category Archives: Investing
One of the features of the latter period of 2010 and the early to mid-part of 2011 was increases in commodity and oil prices which impacted on world inflation and in particular on countries like the UK which already had … Read More
The US unemployment sitution continues to worsen and why did the IEA release some of its oil reserves?
Yesterday turned into quite a day as matters which were expected such as more debate/discussion on Greece and the latest weekly initial jobless claims figures from the United States found that yet again they were in a mix with the … Read More
By talking of more Quantitative Easing is the Bank of England trying to weaken the pounds exchange-rate?
Whilst there was always going to be some interest in developments in Greece due to the unstable situation there yesterday attention was then likely to move onto the world of central banking and in particular the Bank of England and … Read More
Even if the austerity programme for Greece gets passed it is just more “kicking the can down the road”
Late last night the Greek Prime Minister got what he wanted which was victory in the vote of confidence which had been called. In the circumstances the victory was reasonably comfortable as the vote was 155 to 143 with 2 … Read More
After considering yesterday the situation in Greece I wish to move further afield today and in fact to look at the land of the rising sun Japan. She has been hard hit by the impact of the earthquake and tsunami … Read More
On Friday we saw quite considerable claims being made about a new deal between France and Germany on the subject of Greece. According to the political spin being displayed Germany had given up on her demand that private-sector creditors ( … Read More
The effect of contagion from Greece and the further rise in the “ninety-niners” means that the US Federal Reserve must be very worried
The latter part of this week has been dominated by the news from Greece that has echoed around the financial markets of the world. If we look at the Greek situation this morning we see that George Papandreou has (finally) … Read More
The facts around climate change may be disputed, but few would argue that there is an energy crisis in the making. Demand for energy is rising as traditional sources of energy are increasingly depleted or environmentally toxic. What is the … Read More
After discussing the travails of the Euro zone and in particular Greece and Ireland yesterday I expected it to be a difficult day. Fortunately whilst there was some unrest and violence in Athens it seems nobody was seriously hurt. However the … Read More
Today’s problems for Greece, Ireland and Portugal have as their fundamental cause a single strategic mistake
Yesterday Euro zone finance ministers and officials met at what is called a Eurogroup meeting to discuss in essence what to do about the problem that is Greece. Even the most myopic of them must now have spotted that the original … Read More