The Greek Bond Dump
May 20th, 2014
Here’s a chart showing Greece’s 10-year bond yield during the past 10 days: Here’s what happened. On Thursday, speculation swept the markets that the government was about to levy a retroactive tax on profits made on trading Greek government ...
Central Bank Gold Agreement
May 19th, 2014
ECB and other central banks announce the fourth Central Bank Gold Agreement as follows: The European Central Bank, the Nationale Bank van België/Banque Nationale de Belgique, the Deutsche Bundesbank, Eesti Pank, the Central Bank of Ireland, the Bank of ...
Corporate tax rates table
May 16th, 2014
The following table indicates all corporate tax rates in percentage for a number of countries worldwide. Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Country % % % % % % % % % % Afghanistan ...
Europe Still Has a Mountain of Debt
April 24th, 2014
There was a time not so long ago when the vast majority of experts agreed that a country could not emerge decisively from a financial crisis unless it solved problems of both “stocks” and “flows” — that is, secured ...
Greek 10-year yields rise day after five-year sale
April 11th, 2014
Greek 10-year government bond yields rose on Friday, underperforming other euro zone debt, a day after Greece returned to the market with a well received five-year bond sale. Ten-year yields stood 4 basis points higher at 6.018 percent. Greece ...
Code red: Stocks tank on Wall Street
April 11th, 2014
Investors might have used Wednesday’s rally as a chance to rest up so they could get back to what they’ve been doing best lately: selling. The Nasdaq lead the carnage today with a 3.1% loss. It’s fairly uncommon for ...
Greek bond order book soars to €17.5bn
April 10th, 2014
Greece has attracted a staggering €17.5bn order book for its eagerly anticipated return to the bond market – and banks are still taking bids. The final size of the five year deal is yet to be confirmed but banks ...
Dashed Ikea Dreams Show Decades Lost to Bribery in Ukraine
March 31st, 2014
Almost half of Ukrainians say they desire Ikea products more than any other global brand, yet the largest home-furnishings retailer hasn’t been able to crack the market in a decade of trying. The reason: it won’t pay a bribe. ...
Italians Join Greeks Selling Bank Stock to Once-Wary Investors
March 27th, 2014
Eight Italian banks are preparing to sell at least 8 billion euros ($11 billion) of stock to shore up their balance sheets, as nations shunned during the sovereign-debt crisis return to favor with investors. Leading the pack is Banca ...
East-West standoff complicates any IMF deal for Ukraine
March 17th, 2014
Ukrainian bond prices are holding up better than expected in the stand-off with Russia because investors think the International Monetary Fund might not impose tough conditions in an expected aid programme due to Kiev’s political importance to the West. ...
