By Zak Mir It seems fair to say that as sovereign debt started to crash central banks and governments over the past few years, the blame game started to be ratcheted up, especially in the financial media. Part of the end game of this is playing out in Greece, with austerity still a dirty word…
By Robert Sutherland Smith. It seems that British canning company Rexam (REX) is about to be grabbed by its US competitor the Balls Corporation of Colorado. There is none of the history and social role regarding the company’s history of the UK that was associated with the bid for Cadbury’s. So this is a bid…
Evil discusses Asia Resource Minerals and Churchill Mining… Well, well, well. Nat Rothschild has underwritten a $100m placing at 25p a share for Asia Resource Minerals (ARMS). This is a big premium to the price ruling before the RNS this morning and, even now, the stock stands at a substantial discount to the issue price.…
The Markets According to the latest Labor Department statistics the US economy added 257,000 jobs in January, the 11th month in a row which has seen more than 200,000 positions created. The body also revised its figures upwards for the previous two months by an additional 147,000 jobs. While the pace of growth dropped in…
by James Faulkner With many a doom-monger throwing in their two pennies’ worth on the ultra-bearish side of late, one more bearish signal may not make a whole lot of difference. However, this one in particular could be worth paying attention to. The Baltic Dry Index, an economic indicator that tracks the price of shipping…
Evil discusses Hargreaves Lansdown, Avanti Communications, Oxus Gold and vegetarianism… Hargreaves Lansdown (HL.), now 980p, is on a PE of 28 or whatever. But the easy days of handling funds are over and that rating is just too rich. ***** I closed my longstanding short in Avanti (AVN). I had to pay 245p which surprised…
Call me old fashioned, or at 48, just plain old, but it would appear what this and every country needs, in a world full of sovereign debt, is wealth creators. They should be encouraged to make cute mobile phones, bag less vacuum cleaners, write songs, screenplays and generally go for gold. Before these would be…
Evil discusses Tesco and Nasdaq-listed Cadiz… So Tesco (TSCO) is to be investigated for unfair trade practices such as late payment to suppliers and space sales to suppliers who seek to promote their lines. All this will take time and money and achieve nothing whatsoever. It is just modern government in practice. All that a…
Economic analysis by Filipe R. Costa For the second time in just a couple of years, Greece is at the top of EU affairs threatening creditors with a potential default on its debt obligations. Against the wishes of the EU mandarins, Alexis Tsipras and his left-wing party Syriza were elected by the Greek people to…
I am such a fan of all things technological that one of the one of the reasons I attempt to remain healthy is to live to see what advances will pan out over the course of the 21st-century. The hope is that at some point we will approach the kind of high-tech heaven seen in…
