Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-56191 Sun, 01 Mar 2015 15:33:30 GMT Andrew Maguire -- LBMA Paper Ponzi To Be Crushed As Gold And Silver Markets Change Forever (Chinese Gold Fix, etc.) http://implode-explode.com/viewnews/2015-03-01_AndrewMaguireLBMAPaperPonziToBeCrushedAsGoldAndSilverMarketsChan.html iehi-feed-56190 Sun, 01 Mar 2015 15:26:43 GMT BREAKING BAD (DEBT) -- EPISODE TWO (Consumer Debt and Subprime Rises) http://implode-explode.com/viewnews/2015-03-01_BREAKINGBADDEBTEPISODETWOConsumerDebtandSubprimeRises.html iehi-feed-56189 Sat, 28 Feb 2015 16:41:58 GMT The euro may be riskier than you think - Alasdair MacLeod http://implode-explode.com/viewnews/2015-02-28_TheeuromayberiskierthanyouthinkAlasdairMacLeod.html iehi-feed-56188 Sat, 28 Feb 2015 16:39:20 GMT Greek PM says 'forget about third bailout' http://implode-explode.com/viewnews/2015-02-28_GreekPMsaysforgetaboutthirdbailout.html iehi-feed-56184 Fri, 27 Feb 2015 20:02:29 GMT Greece runs out of funding options despite euro zone reprieve http://implode-explode.com/viewnews/2015-02-27_Greecerunsoutoffundingoptionsdespiteeurozonereprieve.html Shut out of debt markets and faced with a steep fall in tax revenues, Athens is expected to run out of cash by the middle or end of March. Its finance minister has warned that Greece will struggle to repay creditors starting with a 1.5 billion euro IMF loan repayment due in March.

...

Greece had also hoped it could tap the almost 11 billion euros of leftover money in the Greek bank stabilization fund, but euro zone finance ministers have decided the money would be returned to the Luxembourg-based euro zone bailout fund.

...

A senior Greek banker said the expectation in Athens remained that the ECB would relent and allow some leeway on T-bills.

...

The onus is now on Athens to rush through reforms to unlock the remaining aid.

]]>
iehi-feed-56182 Fri, 27 Feb 2015 17:18:43 GMT Greek Gov't raises concern over payment to IMF in March http://implode-explode.com/viewnews/2015-02-27_GreekGovtraisesconcernoverpaymenttoIMFinMarch.html iehi-feed-56181 Fri, 27 Feb 2015 16:26:00 GMT The US recovery story is a fraud: SocGen's Edwards http://implode-explode.com/viewnews/2015-02-27_TheUSrecoverystoryisafraudSocGensEdwards.html iehi-feed-56180 Fri, 27 Feb 2015 16:18:47 GMT China's Real Estate Bust Worse Than It Seems http://implode-explode.com/viewnews/2015-02-27_ChinasRealEstateBustWorseThanItSeems.html A record decline in new-home prices in January has, as my Bloomberg News colleagues reported this week, prompted Chinese officials to contemplate additional stimulus measures, including reducing the required down payments on second homes and eliminating sales tax after only two years of ownership instead of five.

...

"This is a supply-side correction in property," Yao writes in a new report. "While housing sales will likely improve this year, construction and all the industrial activity that depends on it will not. Therefore an upturn in housing sales will not deliver as much of a boost to growth."

]]>
iehi-feed-56179 Fri, 27 Feb 2015 16:13:11 GMT Chinese diplomat tells West to heed Russia's security concerns over Ukraine http://implode-explode.com/viewnews/2015-02-27_ChinesediplomattellsWesttoheedRussiassecurityconcernsoverUkraine.html iehi-feed-56178 Fri, 27 Feb 2015 16:11:04 GMT Police beating people protesting currency collapse in Kiev http://implode-explode.com/viewnews/2015-02-27_PolicebeatingpeopleprotestingcurrencycollapseinKiev.html iehi-feed-56176 Thu, 26 Feb 2015 18:51:23 GMT The New Class War: European Banks vs. Greek Labour http://implode-explode.com/viewnews/2015-02-26_TheNewClassWarEuropeanBanksvsGreekLabour.html iehi-feed-56175 Thu, 26 Feb 2015 16:38:15 GMT Greece to stop privatisations as Syriza faces backlash on deal http://implode-explode.com/viewnews/2015-02-26_GreecetostopprivatisationsasSyrizafacesbacklashondeal.html Greece's Left-wing Syriza government has vowed to block plans to privatise strategic assets and called for sweeping changes to past deals, risking a fresh clash with the eurozone's creditor powers just days after a tense deal in Brussels.

"We will cancel the privatisation of the Piraeus Port," said George Stathakis, the economy minister. "It will remain permanently under state majority holding. There is no good reason to turn it into a private monopoly, as we made clear from the first day.

]]>
iehi-feed-56174 Thu, 26 Feb 2015 16:19:54 GMT ​Kiev introduces rationing, as falling hryvnia causes shopping binge http://implode-explode.com/viewnews/2015-02-26_Kievintroducesrationingasfallinghryvniacausesshoppingbinge.html iehi-feed-56171 Thu, 26 Feb 2015 16:01:45 GMT France Gets More Time to Meet E.U. Budget Rules (Greek Revolt Turns Tide?) http://implode-explode.com/viewnews/2015-02-26_FranceGetsMoreTimetoMeetEUBudgetRulesGreekRevoltTurnsTide.html iehi-feed-56169 Thu, 26 Feb 2015 02:26:09 GMT Morgan Stanley to pay $2.6 billion to settle mortgage-bond claims http://implode-explode.com/viewnews/2015-02-25_MorganStanleytopay26billiontosettlemortgagebondclaims.html iehi-feed-56167 Wed, 25 Feb 2015 21:37:56 GMT Kick-The-Can Has Morphed Into A Blatant Farce - David Stockman http://implode-explode.com/viewnews/2015-02-25_KickTheCanHasMorphedIntoABlatantFarceDavidStockman.html iehi-feed-56166 Wed, 25 Feb 2015 21:35:13 GMT Report: Bank of England Admits 22% of Austria's Gold is "Unallocated" (NOT THERE!) http://implode-explode.com/viewnews/2015-02-25_ReportBankofEnglandAdmits22ofAustriasGoldisUnallocatedNOTTHERE.html iehi-feed-56165 Wed, 25 Feb 2015 17:43:29 GMT "This Shorting Opportunity Is As Great As 2007-2009", Billionaire Crispin Odey Warns http://implode-explode.com/viewnews/2015-02-25_ThisShortingOpportunityIsAsGreatAs20072009BillionaireCrispinOdey.html iehi-feed-56163 Wed, 25 Feb 2015 17:41:35 GMT US Economic Confidence Tumbles Back Into Negative Territory As "Hope" Fades http://implode-explode.com/viewnews/2015-02-25_USEconomicConfidenceTumblesBackIntoNegativeTerritoryAsHopeFades.html US Macro Crashes Near 1-Year Lows, February Running At 90% Data Miss Rate .]]> iehi-feed-56162 Wed, 25 Feb 2015 17:06:05 GMT Cyprus will allow Russian vessels to call at its ports; Signs Cooperation Agreement http://implode-explode.com/viewnews/2015-02-25_CypruswillallowRussianvesselstocallatitsportsSignsCooperationAgr.html