Archive for April 9th, 2010

A good short week as the JSE finds a new level. Numbers by I-Net Bridge, read by Lindsay… »

Greece, Julius, AWB, Rand, Greenspan, ESKOM, Dow at 11,000, Gold, Commodities: So much to talk of, so little time. Don’t miss Liston Meintjes in conversation with Lindsay Williams… »

Johannesburg, Apr 9 (Sapa) - The ANC youth league’s expression of support for Zanu-PF undermines South Africa’s mediation efforts in Zimbabwe, the ANC said on Friday.
The party is seeking an “urgent meeting” with its youth movement to discuss the matter.
“The ANC would also like to strongly disagree and distance itself from utterances by the ANCYL… »

April 8 (Bloomberg) — China’s property market is a bubble that may burst by as early as this year, according to hedge fund manager James Chanos.

The world’s third-biggest economy may need to keep up the pace of property investment because up to 60 percent of its gross domestic product relies on construction, said… »

GEORGE PAPANDREOU may have spoken too soon. On April 6th, just three days after the Greek prime minister claimed “the worst is over,” the yield on Greek ten-year government bonds leapt from 6.5% to above 7%. Yields remain at alarming levels, rising above 7.5% at one point on April 8th. The president of the European… »

It was the referee’s fault that Manchester United went out of the Champions League on Wednesday night. Nicola Rizzoli showed insufficient resolve when surrounded by the Bayern Munich players. “Typical Germans. The referee has got to handle it.”

Rafael Da Silva was sent off for two obvious fouls. “With 11 men, no problem, we would have… »

VENTERSDORP, South Africa - Thousands of followers of the murdered South African white supremacist Eugene Terre’Blanche, many wearing combat fatigues, thronged to his funeral on Friday as racial tensions ran high.

Two black farm workers have been charged with beating and hacking Terre’Blanche to death last Saturday in what police suspect was a pay dispute, but… »

The Greek debt crisis deepened today, despite reassurances from European Union officials that the country was not on the brink of default.

Financial markets ignored European Central Bank President Jean-Claude Trichet’s comments that “a default is not an issue for Greece,” and continued their bond sell-off for a third day.

The yield on Greek bonds – which… »

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Germany’s Bundesbank has fired a warning shot at Chancellor Angela Merkel, attacking the joint EU-IMF rescue plan for Greece as a threat to economic stability and probably illegal…. »