Economics

The yield of the Swedish 10 year notes fell to a new historical low. A move which indicates that Sweden is viewed by Investors as a new hedge…

The European Central Bank, which has announced strong intervention on the markets, will buy Italian and Spanish debt according to a source close to the bank

Last Friday, the rating agency Standard and Poor’s lowered the rating on the U.S public debt by one notch from ’AAA’ to ’AA +’, just days after the agreement between Republicans and Democrats.

According to Warren Buffet, this decision is “pure madness” and the United States deserve a quadruple A rating.

Debt rescheduling, monetary policies questioning and EFSF bond purchases in the secondary market. These are the key steps of a plan that should not significantly affect banks’ net income but rather spread economic losses over time.