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| Posted: Here's what is not in the competitiveness pact: An extension of bailout terms for Ireland since they refused to raise their corporate tax rate No agreement to buy the ECB's portfolio of PIG bonds by the EFSF What is in the agreement: Size of bailout fund raised to EUR 500 bln EFSF will be able ...    |
| If you’re gonna have a nuclear meltdown, it’s good to have it on the weekend… Posted: A massive explosion has rocked the nuclear power station in Fukushima creating fears of a meltdown of the radioactive core. If the BOJ has an ounce of sense, they will sit on the bid in USD/JPY on Monday and prevent the currency from melting up...  |
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