Markets were back up to previous levels after a bailout package for Greece got an assent from the Germans and the IMF.But the condition of southern Europe continues to be precarious as unemployment continues to be high and the health of the whole European financial sector remains in a critical state. Spanish unemployment tops 20% […]
Copenhagen was a disaster and there has been no agreement on how to proceed with policies on a global basis to deal with the ever growing problem of climate change and global warming. Its each country adopting its own policies and targets with reducing carbon emissions, which can only work on a local or at […]
First Solar beat the estimates and the gudiance soundly as it prone to do leading to a major stock rally . The stock went up due to the bearish sentiment plus the large short interest on the stock.However there might be some reasons that the stock might be a relative loser in the long term […]
I was wondering in my last post that Which will be the next domino to fall after Greece? I had my answer much earlier than thought and in plural.Earlier in the day Portugal shares were down on 6% on its debt being downgrade by S&P. The ratings agency which has been ranked as one of […]
To stem the stock market rout,the Greek Authorities have banned short selling as if that will resolve their economic and associated stock market problems.Does nothing but introduce regulatory uncertainties on top of others From MarketWatch Greek regulator bans short-selling for two months The Hellenic Capital Market Commission said Wednesday it has banned the short-selling of […]
The Copenhagen Conference on Climate Change turned out to be a dud despite the huge media hype and hoopla . But despite indifferent support of climate by world governments , investments in climate change by private sector has increased by leaps and bounds despite the slowdown brought on by the financial crisis.Both wind and solar […]