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had told international investors last week worried about a Greek exit from the euro that the country was very far from Ireland and had few economic links with us."If you go into the shops here, apart from feta cheese, how many Greek items do you put in your basket?" he said.But Mr Noonan's comments at Bloomberg's Ireland Economic Summit were branded as "flippant" and "simplistic" by former Greek prime minister George Papandreou.Mr Noonan said yesterday that he was trying to prevent the financial crisis from affecting Ireland by pointing out to international investors that Ireland did not have
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I think he has a responsibility as Minister for Finance to actually come out and tell the Irish people where the...
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(Bloomberg)
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Last year that talk seemed to derail confidence, and that's coming up as a topic again."Mr Coffin and the UBS team,...
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Published: 2012/05/21 Tomypak Holdings Bhd, a plastic packaging company, climbed 2.8 per cent to 92.5 sen, the most since Feb 3. The company declared a tax-exempt dividend of 1.5 sen per share after its first-quarter profit grew 17 per cent from a year... Full Article at Business Times Malaysia
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Remember that Bloomberg story from last November, in which JP Morgan and Goldman disclosed to shareholders they have sold credit protection on $5 trillion of global debt? They wouldn’t disclose many details, but that’s a fairly large amount of credit... Full Article at Naked Capitalism
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Former IMF head Dominique Strauss-Kahn (C) and his wife Anne Sinclair arrive for a hearing at New York State Supreme Court July 1, 2011 in New York. Strauss-Kahn is awaiting trial on sex-assault charges. Prosecutors have agreed to free former IMF chief... View Photo »
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There should be some experimentation ... Foreclosure is not the answer.
– Bloomberg SOURCE: Bloomberg.com -
A basis point is 0.01 percentage point. The leu has lost 2.6 percent against the euro since January, making it the worst performer among eastern European and African currencies tracked by Bloomberg. Romania won’t be forced to sell bonds abroad as it... Full Article at Bloomberg.com
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While we are still up in arms over the naming convention, as many were thrown off the trail with the new iPad’s name instead what many expected to see – the iPad 3. Well, word has it that Apple has just registered the iPhone5.com domain name, with... Full Article at Ubergizmo
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May 21: Late Apple co-founder Steve Jobs played a major role in the development of the tech giant’s fifth generation iPhone, according to a report. In 2010, Jobs said no one would buy a smartphone so big that one couldn’t get his/her hand around. But,... Full Article at India Talkies
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NEW YORK, NY - APRIL 23: David Carr (C) and guests attend the Bloomberg Panel & Reception during the 2012 Tribeca Film Festival at the Bloomberg - 713 Lexington on April 23, 2012 in New York City. View Photo »
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motorists pay $67 billion annually for increased fuel consumption, body dents, worn tires and premature wear wrought by pitted roads.
– Bloomberg SOURCE: Oregon Live -
Jewelry makes up about half of Geneva-based Richemont’s sales and 80 percent of operating income, with watch-making comprising the bulk of the rest. While jewelry can be considered a store of value, auction prices can fall below those in retail stores... Full Article at Bloomberg.com
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The Bloomberg Russia-US Equity Index (RUS14BN) of the most-traded Russian companies in the U.S. declined to a seven-month low, losing 11 percent to 83.71 in the week. Futures expiring in June on Moscow’s dollar-denominated RTS Index slid 2.9 percent to... Full Article at Bloomberg.com
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Hankir (Bloomberg) / 21 May 2012 DUBAI - DubaiÂs stocks declined for the second time in three days after oil slumped to a six-month low on concern Greece will have to exit the euro system. EgyptÂs measure lost the most in more than a month. Arabtec... Full Article at Khaleej Times
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