World economy talk

[uls]

Greece "agrees" to new bailout package...but may not seat well with private creditors.




BBC News - Greece finalising new bail-out package, report says

bailout!

the re-profiling will be limited to Greece banks

[uls]

US Jobs for May 2011

+54,000 only... ASA talaga yung mga estimates na above +100,000
Unemployment ticks higher to 9.1%

Stock futures falling as expected...

that is a really big miss

[uls]

Tokyo Electric Power Co

[tidus1203]

Tokyo Electric Power Co

Anu daw balita? NATIONALIZATION na ba?

[uls]

Anu daw balita? NATIONALIZATION na ba?

TEPCO could go into bankruptcy daw

pero TBTF ang TEPCO

[tidus1203]

Yeah bankruptcy is not going to happen, nationalization is the likely outcome if ever bailouts don't work...

[tidus1203]

Peru had elections and the likely winner is the left-leaning daughter of a former general...

As a result...

Stocks over there down 8.7%...

[uls]

what Greeks think of the EU

[Monseratto]

Peru had elections and the likely winner is the left-leaning daughter of a former general...

Keiko Fujimori is the daughter of jailed former president ALberto Fujimori. Her rival is a left leaning army officer who is likened to Venezuela's Hugo CHavez...

Peru election: Keiko Fujimori admits defeat to Humala

Peru's right-wing candidate Keiko Fujimori has admitted defeat in the run-off of the presidential election.

Ms Fujimori said she would congratulate her rival, populist former army officer Ollanta Humala, in person.

Ollanta Humala, 48, comes from a left-wing tradition of greater state intervention.

He staged a short-lived rebellion against Alberto Fujimori in 2000 and narrowly lost to Mr Garcia in the last presidential election in 2006.

Mr Humala campaigned on a promise to increase the state's role in the economy and redistribute wealth to Peru's poor majority.

His critics fear he will embark on interventionist policies similar to those of President Hugo Chavez in Venezuela, although Mr Humala says he is more in sympathy with Brazil's moderate left-wing approach.

[uls]

let's look at the euro and S&P500



^^^
they're pretty correlated no?

until recently



they went their separate ways

will they move together again?

if they do, either the euro is gonna fall or stocks are gonna rise

[Ry_Tower]

let's look at the euro and S&P500



^^^
they're pretty correlated no?

until recently



they went their separate ways

will they move together again?

if they do, either the euro is gonna fall or stocks are gonna rise

The difference is indeed obvious. With the problem in EU, IMO the euro will fall to meet the S&P500.

[uls]

financials ETF

[uls]

energy ETF

[uls]

Philippines inflation

Philippine Inflation Accelerates In May

43 minutes ago

(RTTNews) - Philippines' inflation accelerated in May, but remained below forecasts, data from the the National Statistics Office showed Tuesday.

The rate of inflation rose to 4.5 percent in May from a revised 4.3 percent in the previous month. Economists expected the rate to quicken to 5 percent from the initial April estimate of 4.5 percent.

The last time when inflation was this high was in April 2009, data showed. Excluding selected food and energy items, core inflation advanced to 3.7 percent in May from 3.3 percent in April.

[jhnkvn]

Surprised to read the morning paper with Tokyo Electric down 20%. That's a huge bill coming their way

[CVT]

Is the "bear" coming, bros.?...

13.4K:stereo:
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
“Doesn’t take a lot of beer to cause a lot of trouble” :starwars:
“You are because of the choices you made”

[uls]

US economy has slowed down

[uls]

Surprised to read the morning paper with Tokyo Electric down 20%. That's a huge bill coming their way

TEPCO stock has fallen 90% since the March 11 earthquake

[uls]

[Monseratto]

US economy has slowed down

Bad for Obama's re-election...