Monthly Archives: February 2013

Speechless

Many of you who know me would wish for a moment like this where I am left speechless but I just cant comprehend whats gone on in Italy. Berlusconi appears to have won the second most amount of votes and … Continue reading

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Protest voting underpins Italy’s chances

Many reading this wont agree with me and I know one who certainly wont but Italians who use their vote as a protest and vote for someone like Bepe Grillo and the five star movement only serves to hamper their … Continue reading

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Abenomics

The G-20 meeting in Russia has come and gone and despite an apocalyptic message from the skies in the shape of comet it passed off without any relative incident. It was unlikely that the G-20 meeting was going to end up in a brawl … Continue reading

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Deals getting done

Been a busy couple of weeks for M&A in the US mainly. While in Europe companies are benefiting from a reduction in borrowing costs as high yield bonds are performing well (i.e yields lower while prices go higher) in the US companies … Continue reading

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Something is not quite right

While Michael Noonan and co are involved in back slapping and self congratulation over the “hard fought deal” achieved overnight, I find it very worrying that in a scheduled press conference today Mario Draghi was particularily evasive in answering any … Continue reading

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Irish “deal”

Seeing the odd conflicting headline but it looks like a deal has been done along the lines of my previous post. Keep the champagne on ice this does not make the debt owed disappeared just eases the burden on the … Continue reading

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Ireland promissory note deal in pipeline

Plenty of talk and negotiations that a deal is going to get done tonight on Ireland’s promissory note. Currently financing this note costs EU3.2bln a year. Talk of liquidating Anglo and transferring its assets to NAMA, then replacing the note … Continue reading

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