(Recasts, updates prices, adds comment). * Greece reshuffles bailout negotiating team. * Fed, other central bank meetings key to week ahead.
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Monday, April 27, 2015
Counting Down Greece's Final Moves
Greece doesn't just need money to service their bonds and IMF loans, which are what the US press has been fixating on (because we are one of the ...
Greece changes part of bailout negotiating team
Athens • Greece reshuffled its bailout negotiating team on Monday following fierce criticism of its finance minister, meeting with market applause as ...
The minister's fluorescent gadget
When Alternate Foreign Minister for International Econimic Relations Euclid Tsakalotos, newly annointed as chief "political negotiator" with Greece's creditors, needled the opposition in Parliament by saying that only those who actually negotiate make mistakes, his rhetoric ...
FTSE 100 hits new peak on Greek hopes and despite election uncertainty
Leading shares come off their best levels after election poll news but still close at record highLeading shares hit a new peak - just - helped by a rise in banking and mining shares as well as intriguing developments in Greece which appeared to be taken positively. But a poll showing a 6 point lead for the Conservatives in next week’s general election took some of the shine off.The FTSE 100 finished 33.28 points higher at 7103.98, around 8 points above the previous record close reached on 15 April. But it closed well below the 7122 level it reached earlier in the day, before news of the UK poll emerged.The new negotiating team will look different, but should they employ any particularly different tactic, they would be ignoring the very reason they are currently in office, namely their anti-austerity platform. For this reason, I expect any temporary jubilance in the markets to be just that. Continue reading...
US stocks mixed at start of busy week for earnings
NEW YORK (AP) — U.S. stocks traded mixed in the early afternoon Monday as investors looked ahead to a busy week for earnings news. European shares rallied on the hopes that Greece will strike a deal with its creditors to avert default after news it had reshuffled its negotiating team.
2 for $20: Smell that? Little Greek Deli does great gyros
THE PLACE: The Little Greek Deli occupies a fine old Reno home at the corner West Fifth and Washington streets. I've driven past it scores upon ...
