• "Recent" is of course all recent stories sorted by the time they were added, the last items added are shown first.
  • "Upcoming" are stories that will be added to "Recent" after a short time period. (Currently 30 minutes)
  • If you see a page take a while to load, that means we're updating the database with fresh stories. You don't have to wait, you can just browse on.
  • All stories here are fetched automatically from RSS feeds.
  • In order to keep the database somewhat under control all older stories, older than two weeks, will be deleted once a week


Finance


1 day ago (via zerohedge.com)
Authored by Paul Craig Roberts,According to history books, democracy originated in Greece. Of course, historians could be mistaken, but this is the prevailing view among Western populations with enough awareness to be interested to know.What we are witnessing today, July 2, 2015, is that after 2,500 years in the Western World only the current Greek government is interested in democracy. The Greek

1 day ago (via zerohedge.com)
It is difficult to make much sense of the short-term price action in the foreign exchange market based spurred by this or that headline about Greece.   On the week, the euro lost about 0.6% against the dollar but outperformed the other major currencies save the yen. The yen gained nearly 1% against the dollar, the only major currency to do so.   Those currencies that under-performed

1 day ago (via zerohedge.com)
“The market is now a falling knife”, BofAML said on Friday, referring to the harrowing 30% decline in Chinese stocks that has unfolded over the course of just three weeks, leaving the PBoC and various other government agencies scrambling to arrest the slide. Cuts to both policy rates (benchmark lending rate and RRR) and daily “remain calm” pronouncements by various government agencies have

1 day ago (via zerohedge.com)
Submitted by Raúl Ilargi Meijer of The Automatic EarthThis Is Why The Euro Is FinishedThe IMF Debt Sustainability Analysis report on Greece that came out this week has caused a big stir. We now know that the Fund’s analysts confirm what Syriza has been saying ever since they came to power 5 months ago: Greece needs debt relief, lots of it, and fast.We also know that Europe tried to silence the

1 day ago (via zerohedge.com)
.   . .   . .   . .   . .   . .   ..  . .   . .   .

1 day ago (via zerohedge.com)
Submitted by PerryMehrling via PerryMehrling.com,The 85th Annual Report of the BIS is not perhaps the obvious first choice for beach-reading on a holiday weekend, but having read through its 119 pages, the core message reminds me of nothing so much as the most memorable line of the 40-year-old summer blockbuster “Jaws”:  “You’re going to need a bigger boat.”

1 day ago (via zerohedge.com)
The banks in Greece have been closed for six days in a row now, and Greek citizens were allowed to retire just 60 EUR per day from their bank accounts. Some banks reopened yesterday, but only to allow pensioners to draw 120 EUR from their bank accounts where their retirement benefits were wired to. This had led to dramatical situations:Source: AFPThe situation is worsening by the minute, and where

1 day ago (via zerohedge.com)
Tens of thousands of Greeks flooded the streets of central Athens on Friday evening ahead of Sunday's referendum. Both the "yes" crowd and the "no" crowd were out in force with the former camped out in front of Olympic stadium and the latter in front of Parliament. Each rally boasted participation of more than 20,000 people according to local police.“I call you to say again a big proud ‘no’

2 days ago (via zerohedge.com)
Via GEFIRA,In the last few days there were dozens of separate attacks in Egypt from the Sinai up to Cairo. Probably more than 60 people died while the Egyptian army used F16 attack plains to protect itself against it disgruntled population.It is clear that the Egyptian rulers will not be able to contain the current situation, today could be marked as the start of Egypt’s civil war.

2 days ago (via zerohedge.com)
On Thursday, we highlighted the pitiable plight of Greek businesses which, facing an acute cash crunch and suppliers unwilling to provide credit ahead of the country's weekend referendum, are being forced to close the doors. The country's banks are set to run out of physical banknotes "in a matter of days" according to a "person familiar with the situation" who spoke to WSJ and Constantine Michalo




News Categories


Video Categories