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ThinkstockNews of escalating protests and violence in Turkey and the Syrian civil war conflict are both hitting at a time when emerging markets are already soft. The real risk in the eyes of...
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ThinkstockIf things are really stabilizing or set to get better in Greece and the rest of the PIIGS in Europe, then why did a privatization sale end up with no bidders? That is what we would like to...
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ThinkstockAre there any jobs in Greece? If so, there are plenty of applicants, or at least bodies, that can apply. A report on Thursday showed that the March unemployment rate rose yet again to 26.8%...
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CIA World FactbookSocial unrest has been growing in Turkey, and with it about 10% of the value of the local markets has disappeared. News feeds from Turkey’s Hurriyet Daily News have much coverage...
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thinkstockNational Bank of Greece S.A. (NYSE: NBG) had a lot of investors looking at Web-based quoting systems confused this week. The huge jump in share price was based on the equivalent of a 1:10...
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thinkstockInvestors have had time to know and prepare for a capital raise of sorts from the National Bank of Greece SA (NYSE: NBG). That is almost upon us and this is bringing a negative reaction...
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U.S. equity markets opened lower this morning but soon rose above the break-even line where it stayed until noon when share prices began to dip. That was quite a shift from Asian markets, where the...
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U.S. equity markets opened higher this morning, taking advantage of buying opportunities after yesterday’s slide in equities’ prices. In the U.S., the Thomson Reuters/University of Michigan...
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U.S. equity markets opened mixed this morning following a blizzard of data releases on the U.S. economy. Before that data came out, however, there was some positive data out of both Europe and Asia....
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ThinkstockThe sovereign credit ratings of Greece and other PIIGS from the major ratings agencies have generally gone in one direction in recent years. Downward and onward. This is almost hard to...
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The Cypriot parliament has just voted against stealing assets from depositors to fund the nation's bailout of its banking system. This is good news as it sends a message to the European Union that...
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ThinkstockI already have gone on the record that the taxation of deposits in Cyprus is nothing short of theft. Regardless of a bloated banking system that was in shambles, taking depositors’...
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ThinkstockWhat happens when you put a vote out to the people about whether or not their benefits and public spending should be cut to appeal to international creditors? If you believe in...
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ThinkstockThe Euro meltdown seen in 2012 looked as though it was going to bounce Greek out of the monetary union. That was then. We have noted on several occasions how investment is sneaking back...
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ThinkstockIf you watch and read financial news avidly, you will almost certainly admit that with all of the stories on Washington D.C., the fiscal cliff, Obama administration officials leaving in...
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