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Daily News Roundup 2012: Tuesday 6 March
Good morning Today is Super Tuesday. Excited. This is all going to be very interesting, because a number of the states that are voting today have very strong evangelical tendencies. And I am endlessly entertained by their choice between the lesser of two evils: Mitt Romney the Mormon Latter Day Saint, or Rick Santorum the […]
read moreDaily News Roundup 2012: Monday 5 March
Good morning The headlines: The deadline for the Greek debt-swap approaches this week. If there is enough private investor support, the CAC (Collective Action Clauses) will not be called into play, which in turn would mean that a potential default event triggering Credit-Default Swaps may be avoided. In all of this, the Luxembourg Prime Minister […]
read moreDaily News Roundup 2012: Friday 2 March
Good morning The headlines: The Oil price rose dramatically yesterday after a rumour of an explosion on one of the Saudi oil pipelines. Apparently – the rumour came from an Iranian source. The Saudis deny it. Did anyone else realise that the Saudis and the Iranians don’t see eye to eye? It’s Sunni versus Shiite […]
read moreDaily News Roundup 2012: Thursday 1 March
Good Morning The headlines: We begin, as usual, with the Greek News: Greece has approved cuts in pensions and healthcare. There has, of course, been rioting. But no one likes their pensions cut. Link: Greek Parliament approves pension cuts. At the same time, the Greek PM, Lucas Papademos, has rejected calls from Luxembourg for the appointment […]
read moreDaily News Roundup 2012: Wednesday 29 February
Good once-every-four-years morning The most exciting part of my morning was reading that Apple might be releasing the iPad 3. On, like, Wednesday! It’s weird – three/four years ago, I would have scoffed at this being a piece of news. Just like I scoffed at the idea of an iPad: “What would I want an […]
read moreDaily News Roundup 2012: Tuesday 28 February
Dear all The headlines: Germany has voted to go with the Greek Bailout. From what I’ve read, Germany is set to be the largest contributor to the bailout fund. Some politicians were against it. The popular press was very much against it. But Merkel won. And the president of Germany’s HWWI economic institute (not sure […]
read moreDaily News Roundup 2012: Monday 27 February
Good morning The headlines: In Eurozone news, there is talk that the EU countries are going to consider increasing the bailout limit on its member countries. The European Stability Mechanism has 500 billion euro sitting in it – which makes it the effective cap on total internal bailout funds available. Sadly, the G20 has just […]
read moreDaily News Roundup 2012: Friday 24 February
Good morning The headlines: The Chinese suing of Apple over trademarking continues. Now I’ll admit that I’ve developed a certain fascination with this case. Mostly because I admire the Chinese tactics on this: which seem to involve suing Apple for anything and everything. First, Proview was being sued by Apple for trademark infringement over the […]
read moreDaily News Roundup 2012: Thursday 23 February
Good morning The headlines: Obama’s tax plan: cut the corporate tax rate to 28% (from 35%), a lower incentive tax for manufacturers (25%), and elimination of many loopholes including the deferral of taxes on foreign income. The theory behind the corporate tax cut is that the corporate tax rate is correlated with economic growth – […]
read moreDaily News Roundup 2012: Wednesday 22 February
Good morning Yesterday was Mr Mugabe’s birthday. Who celebrated his birth as one amongst many of his subsequent rebirths. Crazy – who knew? For the record – having written what’s about to follow, it seems that I’ve been having a capslocked morning. There are just a couple of things I read in the news today […]
read more