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Daily News Roundup 2012: Tuesday 5 June
Good morning The headlines: Qantas says that its profits may drop by as much as 91%. Link: They should use more ipads. The loss is being attributed to an A$700 million increase in the fuel bill (about 80% of the drop), and a doubling of losses at Qantas International (presumably – the rest). That said, there […]
read moreDaily News Roundup 2012: Monday 4 June
Good morning The headlines: Merkel is not going to share debt. Link: “Soz, Obams”. Back in monetary-free-for-all territory, the Obama was blaming Europe for the badder-than-expected US job numbers that came out on Friday. Then, and I quote, he “singled out” the European leaders (which I hoped meant “naming and shaming”, but it didn’t) for […]
read moreAusterity VS Growth
So the results have rolled in, and it looks like it’s going to be an awkward one. In France, Socialism has prevailed. Bye bye Sarkozy and his singing wife and the high society drama. Hello François and his civil-partner-that-he-won’t-marry and the anti-austerity rhetoric. So what’s different? Sarkozy was all about the Merkozy. He advocated austerity, […]
read moreDaily News Roundup 2012: Friday 13 April
Good morning The headlines: The European Central Bank is to restart its controversial government bond purchases rather than offering banks more financing. I copied the Bloomberg title, because I was at first confused – is it controversial for them to be buying government bonds, or are they only buying the bonds of controversial governments? I […]
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