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  #541 (permalink)  
Old 27th July 2011, 05:01 PM
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Default Re: ForeignMarketsWatch

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Originally Posted by Oracle View Post
And what is the condition for the veto that will see to the reduction of deficit? Or are we forgetting that question?

If Obama vetoes,that means that he will not take up the condition given by the Republicans. He will take up his condition of raising taxes for the rich! The rich supremacist!!!!!

Hmmm.....Hmmmm....Hmmmm
and how will he do that if the congress does not vote "YEA"?
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  #542 (permalink)  
Old 27th July 2011, 05:33 PM
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Default Re: ForeignMarketsWatch

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Originally Posted by hispy99 View Post
and how will he do that if the congress does not vote "YEA"?
Then what is the condition backing the debt ceiling raise? No form of cut? Cos if he vetoes and then does what the republican says(follows their conditions), it is the same as agreeing to what the republican said.
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  #543 (permalink)  
Old 27th July 2011, 11:15 PM
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Default Re: ForeignMarketsWatch

White House Says Treasury Will Be "Running On Fumes" Shortly | ZeroHedge
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  #544 (permalink)  
Old 28th July 2011, 07:06 AM
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Default Re: ForeignMarketsWatch

Consequences of No US Debt Deal Spelt Out

http://www.thisdaylive.com/articles/...elt-out/95810/
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  #545 (permalink)  
Old 28th July 2011, 04:39 PM
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Default Re: ForeignMarketsWatch

BBC News - Italy pays higher interest rate on latest bond sale
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  #546 (permalink)  
Old 29th July 2011, 05:01 PM
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Default Re: ForeignMarketsWatch

Quote:
Originally Posted by Waves View Post
Apple shares have crossed $400 per share making this company one of the most valuable company's in the US second only to Mobil Oil. With 25% return YTD, i still wonder why peole buy treasuries in the US?
Apple now has more cash than the U.S. government - CNN.com
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  #547 (permalink)  
Old 29th July 2011, 06:19 PM
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Default Re: ForeignMarketsWatch

"There's been a lot of speculation about what Apple might buy with its piles of cash -- Facebook and Sony being two of the more high-profile examples -- but the company doesn't seem to be in any hurry to make a move. "

May I suggest they buy the U.S govt?
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  #548 (permalink)  
Old 30th July 2011, 10:14 AM
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Default Re: ForeignMarketsWatch

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"There's been a lot of speculation about what Apple might buy with its piles of cash -- Facebook and Sony being two of the more high-profile examples -- but the company doesn't seem to be in any hurry to make a move. "

May I suggest they buy the U.S govt?
Wow...lol.. It will be nice to see a privately run Government. Is this the beginning of the end of democracy?

By the way, seems Kenya is far ahead of the world in terms of carbon trading from what I am currently seeing on CNBC Africa.
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  #549 (permalink)  
Old 30th July 2011, 12:45 PM
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Default Re: ForeignMarketsWatch

Default fears worsen as US Senate blocks debt-ceiling bill - Telegraph


PREPARE TO GO TO MARS IF THE US DEFAULTS- Ambrose Evans Pritchard
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  #550 (permalink)  
Old 1st August 2011, 03:56 AM
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Default Re: ForeignMarketsWatch

http://www.thisdaylive.com/articles/...nto-law/96177/
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Last edited by hispy99; 3rd August 2011 at 02:42 AM.
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  #551 (permalink)  
Old 1st August 2011, 06:56 AM
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Default Re: ForeignMarketsWatch

World markets rise on debt ceiling optimism - Jul. 31, 2011
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  #552 (permalink)  
Old 1st August 2011, 07:07 AM
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Default Re: ForeignMarketsWatch

excerpt from the link:
[
Quote:
B]The agreement would slice at least $2.2 trillion from federal spending over a decade, a steep price for many Democrats, too little for many Republicans. [/B]The Treasury's authority to borrow would be extended beyond the 2012 elections, a key objective for Obama, though the president had to give up his insistence on raising taxes on wealthy Americans to reduce deficits.
This is a win-win for both of them.

I hope Nigeria will learn from this and then know where to store her assets.
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  #553 (permalink)  
Old 2nd August 2011, 02:04 PM
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Default Re: ForeignMarketsWatch

As at today, going by yields, Bond markets are saying Nigeria (5.74%) is more credit worthy than Italy (6.10%), Spain (6.24%) and miles ahead of Greece (14.23%).
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  #554 (permalink)  
Old 2nd August 2011, 02:12 PM
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Default Re: ForeignMarketsWatch

Quote:
Originally Posted by Waves View Post
As at today, going by yields, Bond markets are saying Nigeria (5.74%) is more credit worthy than Italy (6.10%), Spain (6.24%) and miles ahead of Greece (14.23%).
This partly explains why the market seems to be consolidating. Looks like a good time to start picking equities...
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  #555 (permalink)  
Old 2nd August 2011, 03:42 PM
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Default Re: ForeignMarketsWatch

Quote:
Originally Posted by knightofdelta View Post
This partly explains why the market seems to be consolidating. Looks like a good time to start picking equities...
Nigeria Eurobond Yields Fall a Third Day to Record on Low Debt Versus EU - Bloomberg

It is even getting better.........
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  #556 (permalink)  
Old 2nd August 2011, 04:10 PM
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Default Re: ForeignMarketsWatch

Quote:
Originally Posted by knightofdelta View Post
This partly explains why the market seems to be consolidating. Looks like a good time to start picking equities...
Quote:
Originally Posted by Waves View Post
Hmmmmm.......Which sector of the NSE would drive the rise in equities this time around???? Would the bulls show up at the banks premises first? Am putting my bet on the Foods…..
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  #557 (permalink)  
Old 3rd August 2011, 02:43 AM
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Default Re: ForeignMarketsWatch

US Avoids Default as Obama Signs Debt Bill into Law, Articles | THISDAY LIVE
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  #558 (permalink)  
Old 3rd August 2011, 03:40 AM
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Default Re: ForeignMarketsWatch

BBC News - Spain PM postpones holiday as debt fears hit record
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  #559 (permalink)  
Old 3rd August 2011, 10:57 AM
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Default Re: ForeignMarketsWatch

Wall St. Stunned by Corzine?s Obama Covenant - Bloomberg

These Americans are taking derivatives to another new level...
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  #560 (permalink)  
Old 3rd August 2011, 12:12 PM
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Default Re: ForeignMarketsWatch

Quote:
Originally Posted by knightofdelta View Post
Wall St. Stunned by Corzine?s Obama Covenant - Bloomberg

These Americans are taking derivatives to another new level...
Can one TECHNICALLY call this a derivative? It appears more to me as an additional reward measure provided to address key-man risk to address the concern of intending investors. Maybe, if you had provided a sweetener like this for that debt placement you were marketing on SMN, maybe forumites would have be more accomodating e.g. that your salary will be paid from source to all SMN investors if the debt should default.
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Last edited by omydee; 3rd August 2011 at 12:14 PM.
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