Now that the likelihood that Greece will be leaving the Eurozone is increasing many Greeks are starting to withdraw Euros from their banks.
News
The Euro takes another hit as Greece goes back to the polling stations-UK waits on BOE inflation report
Mike Paterson’s daily Forex brief
Greece yesterday failed to form a new government and so will go back to the polling stations around the 17th June. The reality this time will be a yes or no vote to Eurozone exit
Hollande’s plane hit by lightning but conference goes ahead
The French President, Francois Hollande, fresh from inauguration, was on his way for a first meeting with his German counterpart, the Chancellor Angela Merkel, when the plane he was flying in was reportedly struck by lightning.
Max Keiser says Armageddon countdown for JP Morgan has begun
Financial broadcaster Max Keiser has said that the Armageddon countdown for JP Morgan has begun after Jamie Dimon announces $2bn loss.
Markets still wait on Greece and key US data this afternoon
Mike Paterson’s daily Forex brief
While there’s plenty of uncertainty in the air there’s been little in the way of real price movement this morning.
IDS takes hatchet to disability benefits
The work and pensions secretary, Iain Duncan Smith, is set to push through reforms to the disability allowance that could see the benefits bill cut by £2.24 billion a year but at the cost of half a million people losing their benefit.
Eurozone prepares for Greek exit and the Germans give a thumbs-down to austerity
Mike Paterson’s daily Forex brief
It seems like the Eurozone is bracing itself for the Greeks pulling out after their failure over the week-end to put together a government and Syriza has ruled out forming a coalition
So, why can’t you afford to buy a house?
Here we are in the great 21st century and the average inhabitant of the UK can’t buy an average house. Now why would that be?
UFO near the sun Youtube Video raises questions
Another YouTube video of a UFO close to the sun has hit the ‘net, making it the third of its kind in as many months.
More market jitters as JP Morgan announce $2 billion credit derivatives loss
Mike Paterson’s daily Forex brief
Markets had another case of the jitters in late NY trading when US banking giant JP Morgan announced $2 billion losses on its “synthetic” credit derivatives trading,
Tom and Misha are released into the blue!
Tom and Misha, the Hisaronu dolphins that were rescued from the hell hole of a shallow swimming pool in Turkey, have finally been released into the deep blue wild.
Move Your Money UK backed by minister
Move Your Money UK has now gained the support of Nick Hurd, the Minister for Civil Society.
Move Your Money UK is a national campaign to spread awareness that ordinary people
