4 August, 2015 by The TZ Newswire Staff Comments Off on Greek banking stocks plunge again as debt crisis dominates
Greek banking stocks plunge again as debt crisis dominates
The overall Athens General Index (.ATG) was down around 4 percent after opening higher. Gaming group OPAP (OPAr.AT) was up 3.5 percent and Aegean Airlines (AGNr.AT gained 2.7 percent. The Athens index lost 16.2 percent on Monday, the worst fall on record, wiping out nearly 8 billion euros of market value as investors worried about a new bailout from the European Union and reacted to Greece’s worsening economy.
4 August, 2015 by The TZ Newswire Staff Comments Off on Italy’s Padoan says govt spending review is "alive and kicking"
Italy’s Padoan says govt spending review is "alive and kicking"
Econ min on the wires
– Italy to request greater flexibility from the EU on deficit in the light of its reform efforts
On the topic of govt spending I posted this from our guest economist earlier
4 August, 2015 by The TZ Newswire Staff Comments Off on Verdict on RBA’s Stevens: Talking sense or a man running scared?
Verdict on RBA’s Stevens: Talking sense or a man running scared?
Is the RBA statement a game changer that many think it is?
Those devilish cads downunder at the RBA have been flexing their jaw muscles in new ways today
4 August, 2015 by The TZ Newswire Staff Comments Off on Greek banks see deposit inflows since re-opening on July 20
Greek banks see deposit inflows since re-opening on July 20
Comments just out on Bloomberg to the relief of many I’m sure
– net inflows of €1bln
– Greece said to target bank re-capitalization by mid -December
– Greek banks’ stress tests to be completed by end-Oct
Greek central bank official who asked to remain anonymous with the comments, and a reminder that bailout talks are on-going while this summer lull continues
4 August, 2015 by The TZ Newswire Staff Comments Off on The 4 Best Roth IRA Benefits
The 4 Best Roth IRA Benefits
Roth IRAs are great for tax-free investing, but you may not know about some of the best Roth IRA benefits.
4 August, 2015 by The TZ Newswire Staff Comments Off on Gold Sentiment Is Just Ugly
Gold Sentiment Is Just Ugly
The headlines are dramatic, ugly and depressing to anyone who holds gold right now. Broad market sentiment has shifted from disdain and dismissive to highly negative. Hedge funds are shorting gold aggressively, hedge funds that own gold are being “outed”. The market pundits are are sticking the proverbial knife in and twisting it with glee. The Financial Times published an interesting article over the weekend.
4 August, 2015 by The TZ Newswire Staff Comments Off on Outside the Box: How to keep your company from going bust like Blockbuster
Outside the Box: How to keep your company from going bust like Blockbuster
To survive and thrive, businesses must create a culture of innovation, writes Brian Solis.
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