Tag Archives: singapore
U.S. Dollar Tanks as Europe Prints, Baby, Prints!
Now that the markets have gotten what they wanted: a relatively clear sign that the E.U. would pledge to print money to cover the banks holding the enormously stupid amount… Read more
U.S. Backs off Sanctioning China and Singapore
In a monumental miscalculation the U.S. State Dept. underestimated the resolve of China to defy their mandate to isolate Iran from the world trade markets. The whole thing looks like… Read more
Greece Votes for More Euro Slavery, Market Rejoice
Sunday marked the first piece of good news for the Euro in weeks. Greece have, effectively, voted themselves into perpetual debt slavery, at least until the next election which, given… Read more
U.S. Exempts Pretty Much Everyone Except China of Iran Sanctions
With the exception of Singapore (AMEX:EWS), China is the last country to not receive an exemption from sanctions set to go into effect on June 28th. The U.S. (and their… Read more
China Lowers Rates, Fear Trade Retreats
The PBoC lowered their benchmark lending rate by 25 basis points to 6.31% on Thursday. This was the first such rate cut in nearly four years. In addition the deposit… Read more
