Month April 2010

That rescue and bailout for Greece?

The Greek bond holiday is here. Greece’s bond pricing administration HDAT has withdrawn bond prices as spreads have hit 650 bps. Greece acknowledges it is game over as 10 Years are at 10%, and 3 Years at 13%. Stock liquidation…

High-speed rail back on Australian agenda

The Australian Greens have put high-speed rail (HSR) back on the national agenda. Greens leader Senator Bob Brown has called on the Rudd government to fund a study identifying the best route for connecting Australia’s two largest cities, Melbourne and…