Job creator or job destroyer? – an insightful analysis of the mining boom by the Australia Institute (updated with graph after Gina Rinehart’s foreign workers controversy broke out)
A very interesting paper released by the Australia Institute on 20/3/2012 is looking at a contrarian issue: the potential negative consequences of the mining boom on the Australian [...]
Continue Reading...
On 18 March 2012, the Australian Labor Party released a paper to attack the Liberal opposition on budget calculations. The gist of the note is to prove that Opposition policies would put the Federal budget $9 billion into deficit in 2012-13; in sharp contrast with the Labor Government’s commitment to return the budget into surplus [...]
Continue Reading...
How would you feel if your insurance changed the rules to not pay you? This is what ISDA did to Greek CDS holders. And here is how…
The self regulatory body of the Derivatives market, the International Swaps and Derivatives Association (ISDA), ruled on March 1st that the recent restructuring of the Greek debt, which [...]
Continue Reading...