Tag: Financial markets

Jul 21

Other top banks under investigation for LIBOR-EURIBOR rate-rigging

At least four more banks such as HSBC, Deutsche Bank, Société Générale and Crédit Agricole, could be implicated in the scandal of manipulations operated on the primary financial indexes in Europe and the world. Read artciles from Guardian and Sole24ore.

Jul 20

Catastroika

Like in the disastrous sale of public goods in the former Soviet Union and DDR in the early nineties of XX Century, a limited company is in charge of privatise goods and services in Greece, water and energy included. The authors of Debtocracy, a documentary with two million views broadcasted from Japan to Latin America, …

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Jul 16

IMF contradicts Monti Government

After the declarations of Mr. grilli about the plan for large sales of public assets in Italy, it’s worth to remember what IMF stated just a few days before. IMF’s Debt Sustainability Analysis reports that Italian debt has 5% chances only to be reduced under 105% of GDP, as Grilli said yesterday, while the probabilities …

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