Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-56526 Sun, 19 Apr 2015 03:58:36 GMT Rickards: Oil -- The good, the bad and the ugly http://implode-explode.com/viewnews/2015-04-18_RickardsOilThegoodthebadandtheugly.html iehi-feed-56524 Sun, 19 Apr 2015 01:39:30 GMT Stocks Super-Disconnected From Macro-Economy: Chart http://implode-explode.com/viewnews/2015-04-18_StocksSuperDisconnectedFromMacroEconomyChart.html iehi-feed-56523 Sat, 18 Apr 2015 23:06:58 GMT Draghi - Europe ready for Grexit contagion; Athens gets closer to Russian cash http://implode-explode.com/viewnews/2015-04-18_DraghiEuropereadyforGrexitcontagionAthensgetsclosertoRussiancash.html Mario Draghi, the ECB's president, said it would be far better for everybody if Greece recovers within EMU but made it clear that the currency bloc is no longer vulnerable to the immediate chain-reaction seen in earlier phases of the debt crisis.

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Greek sources have told The Telegraph that Syriza may sign a deal with Russia for Gazprom's "Turkish Stream" pipeline project as soon as next week, unlocking as much as €3bn to €5bn in advance funding.

This confirms a report in Germany's Spiegel magazine, initially denied by both the Russian and Greek governments. It is understood that the deal is being managed by Panagiotis Lafazanis, Greece's energy minister and head of Syriza's militant Left Platform, a figure with long-standing ties to Moscow.

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Bridging finance from the Kremlin would transform the situation, allowing Greece to avert a disastrous clash with the IMF. Syriza could then confine its dispute to EMU creditors and particularly to the ECB, the body deemed enemy number one by embittered Syriza ministers.

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iehi-feed-56519 Fri, 17 Apr 2015 14:20:26 GMT The risks behind China's growth gamble (Will the "New Silk Road" Work??) http://implode-explode.com/viewnews/2015-04-17_TherisksbehindChinasgrowthgambleWilltheNewSilkRoadWork.html iehi-feed-56517 Fri, 17 Apr 2015 00:13:19 GMT The Russian Sanctions, Not Economy Are in "Tatters" http://implode-explode.com/viewnews/2015-04-16_TheRussianSanctionsNotEconomyAreinTatters.html iehi-feed-56516 Wed, 15 Apr 2015 13:36:24 GMT Oil layoffs hit 100,000 and counting http://implode-explode.com/viewnews/2015-04-15_Oillayoffshit100000andcounting.html iehi-feed-56515 Wed, 15 Apr 2015 13:33:32 GMT The inequality bubble is accelerating, worse than ‘29, even 1789 http://implode-explode.com/viewnews/2015-04-15_Theinequalitybubbleisacceleratingworsethan29even1789.html iehi-feed-56513 Tue, 14 Apr 2015 22:26:58 GMT China's economy: hard landing or welcome rebalancing? http://implode-explode.com/viewnews/2015-04-14_Chinaseconomyhardlandingorwelcomerebalancing.html ... the sharp decline in exports is to be welcomed as a sign that the rebalancing is working. But some analysts believe it is the latest sign that something is badly amiss. Erik Britton, of City consultancy Fathom, says its analysis, based on rail freight, electricity production and bank lending, suggests growth is running at closer to 3% than the 7% or so suggested by official GDP data. "China is in a hard landing now," he says. "They have faced a situation where their previous growth model is not working."

He points out that house prices are declining at 6% a year, compared with double digit growth a year ago -- similar to the kind of reversal that plunged the US into the sub-prime mortgage crisis. Furthermore, banks are saddled with non-performing loans and industries are struggling to tackle overcapacity''

He believes China will eventually have to accept a drastic depreciation in the renminbi, of perhaps 25%, in order to regain competitiveness and prevent a crash.

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iehi-feed-56512 Tue, 14 Apr 2015 21:17:57 GMT Shale Oil Boom Could End in May After Price Collapse http://implode-explode.com/viewnews/2015-04-14_ShaleOilBoomCouldEndinMayAfterPriceCollapse.html iehi-feed-56505 Tue, 14 Apr 2015 12:49:49 GMT The Shanghai International Gold Exchange Comes To Life http://implode-explode.com/viewnews/2015-04-14_TheShanghaiInternationalGoldExchangeComesToLife.html iehi-feed-56504 Mon, 13 Apr 2015 22:26:22 GMT Japan Gov. Has Revised Away Inflation Since 2014 -- An Excuse for Unhinged Money-Printing? http://implode-explode.com/viewnews/2015-04-13_JapanGovHasRevisedAwayInflationSince2014AnExcuseforUnhingedMoney.html iehi-feed-56500 Mon, 13 Apr 2015 13:33:18 GMT Saudi Arabia's Plan to Extend the Age of Oil http://implode-explode.com/viewnews/2015-04-13_SaudiArabiasPlantoExtendtheAgeofOil.html iehi-feed-56496 Sun, 12 Apr 2015 17:09:47 GMT Putin's Surprising New Ruble Problem Threatens Russian Coffers http://implode-explode.com/viewnews/2015-04-12_PutinsSurprisingNewRubleProblemThreatensRussianCoffers.html iehi-feed-56492 Fri, 10 Apr 2015 22:22:22 GMT Tocqueville - Dollar "Strength" Portents Currency Instability; Market Crashes http://implode-explode.com/viewnews/2015-04-10_TocquevilleDollarStrengthPortentsCurrencyInstabilityMarketCrashe.html iehi-feed-56482 Thu, 09 Apr 2015 15:04:27 GMT The Oil Industry's $26 Billion Life Raft - Wall Street Banks to Owe on Hedges http://implode-explode.com/viewnews/2015-04-09_TheOilIndustrys26BillionLifeRaftWallStreetBankstoOweonHedges.html iehi-feed-56480 Thu, 09 Apr 2015 15:00:34 GMT Alexis Tsipras in Moscow asks Europe to end sanctions against Russia http://implode-explode.com/viewnews/2015-04-09_AlexisTsiprasinMoscowasksEuropetoendsanctionsagainstRussia.html iehi-feed-56479 Thu, 09 Apr 2015 14:56:41 GMT Turkish Stream will make Greece Europe's energy hub http://implode-explode.com/viewnews/2015-04-09_TurkishStreamwillmakeGreeceEuropesenergyhub.html iehi-feed-56478 Thu, 09 Apr 2015 14:54:15 GMT Brewing Human Rights Crisis In Baltimore As City Threatens Mass Water Shutoffs http://implode-explode.com/viewnews/2015-04-09_BrewingHumanRightsCrisisInBaltimoreAsCityThreatensMassWaterShuto.html iehi-feed-56475 Wed, 08 Apr 2015 19:06:56 GMT U.S. Stocks Fluctuate as Fed Minutes Show Split Views on Rates http://implode-explode.com/viewnews/2015-04-08_USStocksFluctuateasFedMinutesShowSplitViewsonRates.html iehi-feed-56473 Wed, 08 Apr 2015 18:00:32 GMT Russia readies end to Greek food embargo http://implode-explode.com/viewnews/2015-04-08_RussiareadiesendtoGreekfoodembargo.html