The US markets are down 5% as we speak, and the drama is getting worse. The S&P downgraded Freddie Mac and Fannie Mae – which is obvious because they ...
SEBI has made some dramatic new announcements in its board meeting today. Details are sketchy (we only have a basic press release) so there is no way of ...
The U.S. Debt Limit Argument is just silly. First, the concept of a debt limit is weird because no other decent country has it (other than Denmark). ...
It seems banks are looking to approach RBI for a special dispensation for the money lent to homes in Noida Extension where the supreme court has said that the ...
The EU leaders have decided (pact) to rescue Greece: 109 billion euro will be paid to Greece, at about 3.5%, through the EFSF. The maturity will be extended ...
Often, to figure out if a country is in a real estate bubble, what is measured is a price-to-income ratio. That is, a house price divided by the income of the ...
Three things that should catch your attention: Greek 2 year bonds go to 34% Spanish 10 year bonds go to 6.22%, nearly the highest in 14 yrs Italian 10 years at ...
