Category: business news

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Routs and Mind Control: The Week Ended 02/02/14

What you may have missed in the business news last week: 1. Argentina and the emerging markets go into spin. I talked about this on Thursday in reference to interest rates, but the Turkish Lira, the South African Rand, the Russian Ruble and the Argentinian Peso did not have a good week last week. The most entertaining […]

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The “First” Post of 2014

Hello everyone. Although posts have been posting for the last few weeks, this is officially my first written post of 2014. I’ve been on holiday. It was awesome. Here’s “the” photo of the trip (that’s the skyline of Istanbul in the background): While I was away, I did a lot of eating. Including the best […]

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Keeping It Current: What Went On Last Week [08/12/2013]

What you may have missed last week: 1. Bitcoin begins to pop. It’s not been a great weekend for the bitcoin crew (relatively speaking). China’s central bank has banned financial institutions from handling bitcoin transactions – which is not altogether unexpected, seeing as a free market currency is the antithesis of state capitalism. The ban […]

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Keeping It Current: What Went On Last Week [24/11/2013]

What you may have missed in the business news last week: 1. A Giant Healthcare Debacle. Obamacare – it’s not going well. Because website glitches are more of a headache than anyone realised; fewer people signed up than hoped for; and now some of the democrats, ever the rats sniffing for the hint of a […]

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Keeping It Current: What Went On Last Week [17/11/2013]

What you may have missed in the business news last week: 1. The Rise and Rise of Bitcoin As of Saturday, Bitcoin was trading as high as $473 on Bitstamp (this morning, it was up over $512). Here’s a chart: To be clear, on January 1st this year, Bitcoin was trading at $13.22 to the USD. […]

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Keeping It Current: What Went On Last Week [10/11/2013]

What you may have missed in the business news last week: 1. Everyone went crazy for Twitter. Twitter listed last week, at $26 a share. And then immediately shot above the $40 mark, valuing Twitter at about $25 billion. To be clear: Twitter has never made a profit. Meaning that the premise is focused on […]

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Keeping It Current: What Went On Last Week [03/11/2013]

Apologies – this post should have happened yesterday, but I had a little weekend away. What you may have missed last week (and what I missed over the weekend): 1. McDonalds ditches Heinz After 40 years of appearing together in American takeaway lunches*, there’s been a bit of a corporate divorce. *although, apparently, only Americans […]

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Keeping It Current: What Went On Last Week [27/10/2013]

What you may have missed in the business news last week: 1. South Africa’s New Austerity Measures. Finance Minister Pravin Gordhan gave his mid-term budget speech last week. In it, he announced dramatic “cuts” to government spending. Being the spending that the government does on itself in order to carry out the task of spending […]

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Keeping It Current: What Went On Last Week [20/10/2013]

What you may have missed in the business news last week: 1. The News You Probably Didn’t Miss. There was a temporary last-hour resolution to the Debt Ceiling and the Government Shut-down which involved Republicans getting nothing for their efforts but general disdain from the voting public. The Democrats also got disdain – just less […]

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Keeping It Current: What Went On Last Week [13/10/2013]

What you may have missed in the business news last week: 1. October 17th is on Thursday. And everyone is still posturing. Although the Republicans have mentioned the possibility of a short-term debt ceiling raise; and Obama has said that he’s open to it. 39% of Americans think that not raising the debt ceiling is […]

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