Banks are a business and like any business, they have to be profitable. The product they sell is money and their supplier in Australia, is the Reserve Bank of Australia (RBA). Australian banks are among the most profitable banks in the world and that is a good thing for Australians and other money markets that [...]
Read More...
debt-crisis – Google News- A Link Between Energy, The Greek Debt Crisis, JP Morgan's Losses, And A Fire ... - FuelFix (blog) May 18, 2012Telegraph.co.ukA Link Between Energy, The Greek Debt Crisis, JP Morgan's Losses, And A Fire ...FuelFix (blog)About three seconds before my son ran head first into a fire hydrant on Monday night, I was talking to a friend who was asking exactly what JP Morgan had done to lose $2 billion. Both th […]
- Treasury Yield Close to Record Low on Europe Debt Crisis - BusinessWeek May 18, 2012BloombergTreasury Yield Close to Record Low on Europe Debt CrisisBusinessWeekBy Wes Goodman on May 17, 2012 Treasury 10-year yields, the benchmark for everything from corporate bonds to mortgages, were four basis points from the record low as Europe's fiscal crisis drove demand for the relative […]
- Aussie Dollar Touches 5-Month Low on Europe Debt Crisis - Bloomberg May 18, 2012BigPond NewsAussie Dollar Touches 5-Month Low on Europe Debt CrisisBloombergThe Australian dollar touched a more than five-month low, extending declines to a third-straight week, as concern that the European debt crisis is spreading curbed demand for riskier assets. New Zealand's dollar was als […]
- Debt crisis boom for Italian aperitivo buffets - The Malaysian Insider May 17, 2012The Malaysian InsiderDebt crisis boom for Italian aperitivo buffetsThe Malaysian InsiderItaly's main restaurant association FIPE said “happy hour” bars are booming while traditional eateries are shutting down due to the debt crisis. Italy's economy entered recession in the second half of l […]
- A Link Between Energy, The Greek Debt Crisis, JP Morgan's Losses, And A Fire ... - FuelFix (blog) May 18, 2012