Anticipated interest rate hikes bolster Euro’s strength….
Comments »Monthly Archives: March 2011
Asian Markets Rise With Nikkei Up Over 4% and Europe Captures the Momentum
Trading India’s RECs May Be More Successful Than Trading Carbon Credits
U.K. Inflation Rises to 4.4%
Sony Suffers More Plant Shutdowns and Cuts Production
Honda and Toyota Extend Plant Shutdown
France Went Rogue on NATO
The FT is out with a story saying France conducted airstrikes against Libya without properly informing NATO. Apparently, the US and UK were angered by France’s decision to sidestep NATO and act unilaterally.
Comments »Incredible Mini-Documentary of Libyan Revolution
Amazing footage.
[YouTube:http://www.youtube.com/watch?v=Jwt5K4KGnkk&sns=em 550 400] [YouTube:http://www.youtube.com/watch?v=rw3UcJ0L-w4&sns=em 550 400] Comments »NIKKEI Gains Eclipse 4%
The broad topix index is now up 4.4%, led by gains in Cannon, Toyota, TEPCO and Panasonic.
S&P futs are down 3.
Comments »PIMCO To Buy Distressed Bank Assets
Flash: 159 Tomahawk Cruise Missiles Launched since Saturday
The US and UK have fired 159 tomahawk cruise missiles into Libya since Libya.
159x $569,000 per missile= war is profitable
Comments »TEPCO Says 5 Kinds of Radiation Leaking Into The Sea
Apple Sues Amazon Over Use of Phrase “App Store”
Apparently, Apple is not in the sharing mood.
Comments »Pro Trader Calls Today’s Gains “Sheer Lunacy”
Flash: Verizon CEO Not Interested in Buying Sprint
He was quoted saying “don’t need them.”
Comments »Intel Executive Quits As Smartphone Unit Hits The Skids
Fukushima Reactors Number 2 and 3 Start Smoking
Japan Faces Fuel Crisis
Related: shipping rates in Asia are up more than 39% in recent weeks, as Japan imports basic necessities.
Comments »U.S. Banks Defend Corrupt Politicians and Money Loopholes
ECB May Raise Rates Next Month
Trichet made some strong comments yesterday, suggesting that the ECB might begin tightening- starting with the April 7th meeting.
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