Saxo Bank, the online trading and investment specialist, today releases their Q3 outlook that views Europe as insolvent, in a phase of denial of the actual problems and without a credible path forward. The Bank’s analysts also predict that growth in China will decrease to 6.5 percent, marking the next quarter as the low point for China and for world growth in general.
For the current crisis, Saxo Bank operates with a three-phase model that includes; Denial (which prompts policy-makers and central bankers to rely on quantitative easing and financial stimulus); Protest (where the public votes new governments which still fail to address the real problems) and; Mandate for Change (which forces policy-makers to take real action). According to the Bank, the EU has remained embedded in the first and second phases, having yet to arrive at a mandate for change.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/prne/saxobank/56575/
Saxo Bank, the online trading and investment specialist, believes a reasonably positive economic momentum barring a geopolitical crisis is likely during Q2 2012. The eventual return of QE seems inevitable as central banks try to keep the crisis at bay and the compounding of policy errors failing to address the solvency problem and growing social and geo-political friction will potentially lead to an explosive outcome.
According to the Bank’s analysts, Europe will continue on the path of flat growth despite the Eurozone having entered recession at the tail-end of last year. However the rebound in economic growth in the US will eventually spill over into Europe, and Asia will continue to aid its growth through imports. If the recovery in the US fails to provide enough jobs momentum a return of QE some time in Q3 may be a possibility. In Asia, the critical question is China, as losses on investments continue to accumulate and eventually need to be realised.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/prne/saxobank/53812/
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Robert Morris University marked its 90th anniversary Tuesday evening during a celebration at its new School of Business complex, the centerpiece of a $40 million fundraising campaign.
Robert Morris was founded on Sept. 21, 1921, in downtown Pittsburgh as the Pittsburgh School of Accountancy. The new 18,000-square-foot School of Business complex, which includes The PNC Trading Center, The United States Steel Corporation Video Conferencing and Technology Center, and The ATI Center, gives the university’s business school its first official home at its suburban Pittsburgh campus.
To view Multimedia News Release, go to http://www.multivu.com/mnr/50792-robert-morris-university-90-th-anniversary-new-business-school-complex
Today RadioShack® announced a promotion in honor of Earth Day, which will give customers the chance to win the new eco-friendly Nissan LEAF™, simply by trading in their used electronic devices.
From April 17-23, customers shopping at The Shack will have the chance to win a new car when participating in the retailer’s Trade & Save program. By bringing eligible working products and accessories into any participating RadioShack store, customers will be able to enter to win a Nissan LEAF, the only 100-percent electric, zero-emissions vehicle available in the mass market. Plus, The Shack guarantees a minimum trade-in value of $10 on any eligible working mobile phone.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/radioshack/49635/
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leading composer at the Interdisciplinary Centre for Computer Music Research at Plymouth University , and Dr Greg B Davies, Head of Behavioural and Quantitative Finance at Barclays, have taken reality performances to another level by partnering with Barclays to produce a reality opera. The performance, which was held on the 15th November 2012 at Egyptian Hall, Mansion House, focused on the drama unfolding on an “open outcry” stock trading floor, the type of trading floor on which traditionally traders shout and use hand-signals.
To view Multimedia News Release, go to http://www.multivu.com/mnr/58659-barclays-opera
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