Archive for April 12th, 2010

The JSE closed off its lows but still in the red, while the Dow traded over 11,000 in early dealings. Numbers brought to you by Inet Bridge, and analysed by a top Johannesburg based fund… »

Via telephone, the finance ministers of the Eurozone agreed to ready themselves to help out Greece SHOULD the country need it, and indeed want it. Markets liked it to begin with, and then came the nagging doubts. We chat to one of the world’s leading authorities on derivatives about the deal, and if it’s all… »

Louis Venter, fiduciary expert at Citadel Trust, explores the proposed scrapping of estate duties, and why in his opinion we and our advisors should change nothing…. »

The language is reminiscent of the start of the sub-prime mortgage problems. The problem is “small” and “contained”. Despite the “solution” announced by the European Union (”EU”), the problems of Greece have deepened.
Greek borrowing costs have increased sharply. Greece now must pay around 4.00 % p.a. more for their debt than Germany, the most… »

Over the weekend Eurozone finance ministers telephonically readied a rescue for Greece. The markets like it, but for how long? Plus all the prospects for the coming five days of trading, with Kevin de Villiers, equity trader of Investec Asset Management in Cape… »

(Reuters) - Euro zone finance ministers approved a giant 30-billion-euro ($40 billion) emergency aid mechanism for debt-plagued Greece on Sunday, but stressed Athens had not requested the plan be activated yet.

Together with at least 10 billion euros expected from the International Monetary Fund in the first year, it could add up to the biggest multilateral… »