If Google ran for President of the USA I would vote for Him or Her or It in a flash! Google helps me day and night. I have many other friends, but Google is my best friend. When I don’t know what to do, when I’m in quandary wondering whether the sky is blue or [...]
NORWAY If you are a foreign currency trader, and I am, you must think of each foreign currency as if it was your daughter. Who are her friends? If she has “nice” friends who are well behaved and well educated and come from middle class or wealthy families everything will probably go along extremely well. [...]
All traders watch the price of oil. Oil is energy and energy is the fundamental force of every economy. If oil goes up, there is less cash for purchasing food, household articles, equipment and travel. UPDATE FEB 20, 2012 Oil prices jumped to nearly 105 dollars a barrel – a nine-month high – in Asia [...]
UPDATE 2/17/2012 German President Christian Wulff has announced his resignation, after prosecutors called for his immunity to be lifted. An ally of Chancellor Angela Merkel, Mr Wulff is embroiled in a scandal over a home loan that he accepted when he was premier of Lower Saxony. Mrs Merkel cancelled a visit to Italy on Friday [...]
In 1933, the Nazis entered the Reichstag capital building in Berlin and set it on fire. It was in the depths of the Great Depression and the Nazi’s wanted power. The Germans were frightened about the new political force: Communism. By burning their parliamentary building, they got rid of the fuzzy headed lawmakers and installed [...]
Euro-Area Economy Contracts for the First Time Since 2009 By Simone Meier, from Bloomberg Europe’s economy shrank less than economists forecast in the fourth quarter as a better-than-predicted performance in Germany and France helped mitigate the region’s first contraction since 2009. Gross domestic product in the 17-nation euro area fell 0.3 percent from the prior [...]
Soros: Greek Bailout Won’t Rid Europe of ‘Danger’ By Lorraine Woellert, from Bloomberg Billionaire investor George Soros predicted weak growth and lingering political tension that could shatter Europe’s economic union even if Greece agrees to austerity measures. “Right now the European Union and particularly the heavily indebted countries face a lost decade,” Soros said. “It [...]
Airbus A380 Fleet Requires Wider Inspections By Andrea Rothman and Steve Rothwell, from Bloomberg Airlines operating the Airbus SAS A380 aircraft will be required to perform wider inspections of the superjumbos after Europe’s air safety regulator extended the checks to the entire fleet of the double-decker jetliner. The broader fleet check will follow a Jan. [...]
