Implode-Explode Heavy Industries news feed Tracking the many faces of the global credit implosion. en-us iehi-feed-56589 Mon, 27 Apr 2015 16:17:42 GMT Boston Fed Admits There Is No Exit, Suggests QE Become "Normal Monetary Policy" iehi-feed-56564 Thu, 23 Apr 2015 14:56:17 GMT Leaked: Obama aide ready for diplomatic war of attrition with Russia iehi-feed-56526 Sun, 19 Apr 2015 03:58:36 GMT Rickards: Oil -- The good, the bad and the ugly iehi-feed-56523 Sat, 18 Apr 2015 23:06:58 GMT Draghi - Europe ready for Grexit contagion; Athens gets closer to Russian cash 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.


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.


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.

iehi-feed-56517 Fri, 17 Apr 2015 00:13:19 GMT The Russian Sanctions, Not Economy Are in "Tatters" iehi-feed-56516 Wed, 15 Apr 2015 13:36:24 GMT Oil layoffs hit 100,000 and counting iehi-feed-56512 Tue, 14 Apr 2015 21:17:57 GMT Shale Oil Boom Could End in May After Price Collapse iehi-feed-56507 Tue, 14 Apr 2015 12:53:44 GMT Central bankers gather privately in Washington this Friday to discuss gold iehi-feed-56500 Mon, 13 Apr 2015 13:33:18 GMT Saudi Arabia's Plan to Extend the Age of Oil iehi-feed-56496 Sun, 12 Apr 2015 17:09:47 GMT Putin's Surprising New Ruble Problem Threatens Russian Coffers 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 iehi-feed-56479 Thu, 09 Apr 2015 14:56:41 GMT Turkish Stream will make Greece Europe's energy hub iehi-feed-56467 Wed, 08 Apr 2015 17:14:30 GMT Greece and Hungary sign up to Russia South Stream-alternative gas pipeline iehi-feed-56450 Sun, 05 Apr 2015 17:23:53 GMT Why job growth and cheap gas aren't doing what they should iehi-feed-56437 Fri, 03 Apr 2015 15:38:25 GMT ‘EU has already collapsed'-- Beppe Grillo iehi-feed-56434 Fri, 03 Apr 2015 02:29:12 GMT What Will The Death Of The Great Bakken Oil Field Look Like? iehi-feed-56417 Mon, 30 Mar 2015 16:31:13 GMT Ukraine's Oligarchs Turn on Each Other iehi-feed-56411 Sun, 29 Mar 2015 16:55:57 GMT John Batchelor Show 3/24 - Stephen F. Cohen on "Pregnant Pause" of Minsk 2 Accords iehi-feed-56376 Wed, 25 Mar 2015 17:02:31 GMT Beijing to Shut All Major Coal Power Plants to Cut Pollution iehi-feed-56365 Tue, 24 Mar 2015 01:15:14 GMT Iran is ready to crash "Pipelineistan" | Pepe Escobar