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Cde Monomotapa
#4151 Posted : Tuesday, February 25, 2014 11:03:11 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
#Bummer Now, the US is still reluctant to implement longstanding IMF/WB reforms on quotas & voting rights, and yet some more waiting time here. Smh...

Brics bank will be ready in five years
http://www.fin24.com/Eco...-in-five-years-20140225

Anyhu, Africa can take up the opportunity to roll out the Sovereign Wealth Funds, scale up the DFIs - AfDB, DBSA, EADB etc, ramp up Afreximbank & PTA Bank to counter-balance & provide timely trade & development finance sources for the Continent.
symbols
#4152 Posted : Wednesday, February 26, 2014 7:06:12 PM
Rank: Elder

Joined: 3/19/2013
Posts: 2,552
hisah wrote:
murchr wrote:
hisah wrote:
Investment banker jumps to death from JP Morgan’s headquarters in Central - http://www.scmp.com/busi...ns-headquarters-central

Yep. They're falling off buildings as the suicides escalate at the global banking corridors...

** Markets hate confessions and the emperor is naked **

Defaults and margin calls will pop up any time...

And the suicide trail in 2014 can be found here - http://business.financia...d-in-less-than-a-month/


Whats going on????? Its now raising eyebrows

Back to 1929... Suicides pre and post nosedive...


It's a strange year.Sentiments on the extremes.I'm curious if the Wolf of Wall Street and Facebook deal will have an impact as they seem to have injected a healthy dose of greed globally.
Cde Monomotapa
#4153 Posted : Wednesday, February 26, 2014 7:21:28 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Interesting developments from Mzansi.

South Africa Eases Restrictions on Companies Investing in Africa

A concession announced last year that enables companies listed on the Johannesburg stock exchange to create a holding company to house their African and offshore operations will be extended to other firms. Limits on the amounts that listed companies can invest in Africa without prior approval will be increased to 2 billion rand, from 750 million rand, or 25 percent of their market value, said Ismail Momoniat, deputy director general in the National Treasury.

http://www.bloomberg.com...nvesting-in-africa.html

PS: Mafwans wa PAFR can end their fast. Maybe smile
Nabwire
#4154 Posted : Saturday, March 01, 2014 4:21:24 AM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
Wasnt Bitcoin supposed to take over the world? Some pranks are just hilarious! So in bankruptcy court, do the investors get compensated? Mt. Gox go go!
murchr
#4155 Posted : Monday, March 03, 2014 12:00:08 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
The shit hits the fan in Ukraine, this week will be interesting
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
symbols
#4156 Posted : Monday, March 03, 2014 1:08:08 AM
Rank: Elder

Joined: 3/19/2013
Posts: 2,552
murchr wrote:
The shit hits the fan in Ukraine, this week will be interesting

3/3
smile
hisah
#4157 Posted : Monday, March 03, 2014 4:32:22 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
murchr wrote:
The shit hits the fan in Ukraine, this week will be interesting

Oil spike will get a lot of current account deficients flat footed. KE eurobond will be at crosshairs if this russian faceoff takes a long time in the boiler room.

Volatility this yr will waste a lot of portfolios.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
alutacontinua
#4158 Posted : Monday, March 03, 2014 11:54:53 AM
Rank: Member

Joined: 3/23/2011
Posts: 304
Russia gets green light to involve its troops, its CB raises interest rates by 150 basis points (MICEX currently down 7.9% for the day) EM Markets look set to continue suffering all the while stock indices are making record highs. RBA, BOC, BOE and ECB meet this week. Like @murchr said this week is gonna be interesting.
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
murchr
#4159 Posted : Monday, March 03, 2014 11:41:10 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Wheat and corn prices have risen sharply in response to the crisis in Ukraine, which is one of the world's biggest exporters of both crops.

The price of wheat for delivery in May rose by as much as 5.9% to $6.38 (£3.81) a bushel on the Chicago Board of Trade – the biggest intraday rise for almost 18 months. Corn for delivery in May rose by up to 3.7% to a six-month high of $4.81.

Corn prices rose last week in Ukraine as farmers held back grain to protect themselves against the country's falling currency.
http://www.theguardian.c...ea-hits-price-wheat-corn
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
murchr
#4160 Posted : Monday, March 03, 2014 11:43:21 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Britain is drawing up plans to ensure that any EU action against Russia over Ukraine will exempt the City of London, according to a secret government document photographed in Downing Street.

As David Cameron said Britain and its EU partners would put pressure on Moscow after it assumed control of Crimea, a government document drawn up for a meeting of senior ministers said that "London's financial centre" should not be closed to Russians.

In other news:

NEW YORK (Reuters) - U.S. stocks tumbled on Monday alongside other risky assets globally as tensions in Ukraine and Russia escalated after Russian President Vladimir Putin declared he had the right to invade his neighbor.

News that Ukraine mobilized for war on Sunday and Washington threatened to isolate Russia economically overshadowed better-than-expected U.S. data, including an index showing that factory activity rebounded from an eight-month low in February.

The S&P 500 had closed at a record high on Friday, and profit-taking was expected on Wall Street due to the political uncertainty. The index found some support when it fell to 1,840, but broke below it after the first attempt. The S&P 500 extended losses in early afternoon trading and then recovered slightly to close above the support level.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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