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- Germany and France to buy Greek debt: Press
- Greece to try and sell bonds next week
- China’s Wen strikes conciliatory tone toward US
- Potential huge selling of cable for UK Pru/AIG deal
- Another quake, this one in Chile
| Germany and France to buy Greek debt: Press Posted: The Greek press reports that Germany and France will buy bonds from Greece and will guarantee the purchases of others, Reuters reports. This follows on reports Friday that Germany was preparing to buy Greek debt via KfW . French state-owned bank Caisse de Depot will also take part in the ... |
| Greece to try and sell bonds next week Posted: Greece needs to sell bonds but the market ain't buyin' until it details a deficit cutting plan acceptable to the EU. Looks like the crisis could come to a head sooner than the mid-March deadline for the EU to outline its support measures. |
| China’s Wen strikes conciliatory tone toward US Posted: In an annual cyber-chat with Chinese citizens, PM Wen struck a conciliatory tone regarding China/US relations, saying he hopes to work toward better trade relations. A moderately loose monetary policy will be maintained, he said, with a focus on containing inflation. |
| Potential huge selling of cable for UK Pru/AIG deal Posted: Prudential PLC is in talks to buy AIG's Asian business for as much as $25 bln. That would likely result in large cable sales to fund the transaction. It also makes one wonder whether this week's Cable weakness was the investment bankers on the deal getting a head start... |
| Another quake, this one in Chile Posted: A massive earthquake hit Chile overnight setting off tsunami warnings across the Pacific. |
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