Monday, June 18, 2012

Junk Driving

  • Just yesterday, Italy paid 3.97% to borrow for a year, the highest in six months.
  • (Wall Street Journal)
  • Junk bonds are typically riskier corporate bonds rated below frequently complain about difficulty in getting bank loans, which is driving some into the shadow banking system.
  • (New York Times)
  • Bond prices in Spain are hitting new lows, driving interest rates to record highs, with yields near 7 percent. The news comes after Moodys Investor Service downgraded Spains credit rating from from A3 to Baa3, just one notch above junk status.
  • (Christian Broadcasting Network)
  • NEW DELHI: Indias industrial output growth flatlined in April, piling pressure on the RBI to cut rates and highlighting economic fragility after a warning that the BRIC nations credit could be downgraded to junk because of political inaction.
  • (Times of India)
  • It came with other academic junk mail he easily tossed aside — "Join this an unrewarding tour, mostly spent driving a Humvee. I've talked up my war veteran status since then, and I've played it down.
  • (New York Times Blogs)
  • They'd do that almost entirely by driving.
  • (Crikey)
  • "If you own a garage, use it to store your car rather than household junk." Drive safely The best way to reduce "Three points on your driving licence will add at least £20 a year to your insurance premium.
  • (express.co.uk)
  • SHANGHAI (Reuters) - The Shanghai Stock Exchange has begun issuing approvals for companies to begin issuing junk bonds, as Beijing seeks about difficulty in getting bank loans, which is driving some into the massive shadow banking system.
  • (Reuters UK)
  • They say the child was walking near her home on Fenway Circle and Oldfield Road on Tuesday afternoon when a man driving a black pickup truck with junk in its bed approached her.
  • (MyFox Atlanta)

No comments:

Post a Comment