December 22nd, 2008 10:48:14 GMT.

Meet your new Chinese overlord

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The Atlantic interviews the head of CIC, which manages a chunk of China’s reserve stash. I get a kick out of articles like this who look at the Chinese as some sort of benevolent Financial tooth fairy. The Chinese lend … Continue reading

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December 8th, 2008 09:13:56 GMT.

Russia’s debt rating downgraded

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As oil prices fall, Russia’s financial position continues to erode. S&P just cut its rating as a result. Also on the wires, Dow Chemical is slashing 11% of its workforce as layoffs continue to build.

2008-12-08T09:13:56+0000

December 3rd, 2008 15:30:02 GMT.

In cod we trust

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The Atlantic sketches out the collapse in the Icelandic banking system…

2008-12-03T15:30:02+0000
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November 12th, 2008 13:26:30 GMT.

Emerging markets under heavy stress

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Emerging markets had a crappy day and Latin America is still open and having the worst day of all. Shares are down over 7% across the region. Given the high correlation between emerging markets and EUR/USD, this is something we … Continue reading

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