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Daily News Roundup 2012: Thursday 22 November

Good morning The headlines: Adoboli sentenced. Link: the jury is in. The ex-UPS trader with the $2.3 billion trading loss was convicted yesterday of fraud and sentenced to 7 years in prison. But all is not lost. The trial itself had all the juicy hypocrisy of a bad Shakespearean spoof: the boys who “sold him […]

22. Nov 2012 0
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Daily News Roundup 2012: Wednesday 21 November

Good morning The headlines: Greece. Link: what she needs VS what she’s getting. And what is she getting? Nothing, at this point. The EU and the IMF are continuing to wrangle over what Greece should be paid and when, despite political affirmations that this would all be solved yesterday. And there are still Parliaments that […]

21. Nov 2012 2
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Daily News Roundup 2012: Tuesday 20 November

Good morning The headlines: BP. Link: the takeover target. Whenever a company has been through a bit of a prolonged sad patch, Bloomberg finds a journalist to write a piece on how said company has become a takeover target. This week, it’s BP. After all – it sold off $50 billion worth of assets to […]

20. Nov 2012 0
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Daily News Roundup 2012: Monday 19 November

Good morning The headlines: Obama is confident. Link: well that’s very comforting. As he jetted off to Bangkok/Myanmar to aggravate the Chinese by visiting Buddhist temples, Mr Obama announced his confidence that the fiscal cliff situation can be “dealt with”. Then this: “Democracy is a little messier than alternative systems of government but that’s because […]

19. Nov 2012 0
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Daily News Roundup 2012: Friday 16 November

Good morning Note: to subscribe and receive these daily posts in your inbox, you can sign up at the top of the sidebar on the home page. The headlines: BP penalties. Link: the cost of an oil spill. BP has agreed to pay $4.5 billion to put the criminal and SEC charges to rest for […]

16. Nov 2012 0
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Daily News Roundup 2012: Thursday 15 November

Good morning Note: to receive these posts in your inbox, please sign up at the top of the sidebar on the homepage. The headlines: China has new leaders. Link: the rise of Xi. Xi and Li it is. First onto the stage (the traditional way of announcing new leadership – the new Politburo Standing Committee […]

15. Nov 2012 2
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Quantitative Easing is Saving the Rest of the World

Link: Fed meeting minutes. The direct quotation from the Federal Open Market Committee (23 – 24 October): “A number of participants indicated that additional asset purchases would likely be appropriate next year after the conclusion of the maturity-extension program.” The question is: what is all this going to achieve? And I think that the Fed needs […]

15. Nov 2012 1
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Daily News Roundup 2012: Wednesday 14 November

Good morning Note: to receive these posts in your inbox, you can sign up at the top of the sidebar on the home page. The headlines: The 18th Party Congress approaches its conclusion. Link: well-executed. The Central Committee has been selected , ahead of tomorrow’s announcement of the Politburo, and then eventually, the Politburo Standing […]

14. Nov 2012 0
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Daily News Roundup 2012: Tuesday 13 November

Good morning Note: to receive these posts in your inbox, you can sign up at the top of the sidebar on the home page… The headlines: Greece gets two more years. Link: but will it matter? After the meeting of the EU finance ministers yesterday, there was gracious agreement that Greece could have until 2016 […]

13. Nov 2012 1
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Daily News Roundup 2012: Monday 12 November

Good morning The headlines: The vagaries of Chinese positioning. Link: congressional outcomes along party lines. Historically, at the transition of power, the outgoing leader maintains control over the military for the next two years (as chairman of the Central Military Commission). So not really a “transition of power” so much as a “let’s swap some […]

12. Nov 2012 0
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