Category: Background
India: Interest Rates Unchanged Despite Slowing Economy
June 20th, 2012
in Background
by Gavin Kakol Despite the conintual slow down of the Indian economy, the Reserve Bank of India (RBI) did not change interest rates during the mid-term policy review on Monday. Finance Minister Pranab Mukherjee's reaction to the situation was calm in… more »
Gasoline Prices Down, But Still Inflated
June 16th, 2012
in Background
by Gavin Kakol Petroleum products are continueing their downward trend. Crude oil futures fell to $83.91, down 91 cents from a week ago and over $10.90 a year ago. The average price for a gallon of gasoline in the United States currently stands at $3.5… more »
Germany: Export and Import Numbers Declined in April 2012
June 13th, 2012
in Background
Econintersect: There is only one number in the April 2012 balance of trade numbers for Germany that shows effects of the Eurozone crisis: The balance of trade surplus with the rest of the Eurozone. According to a report in Finfacts Ireland the balance… more »
There is No Systemic Mortgage Fraud and We Have the Proof
June 11th, 2012
in Background
Econintersect: It appears that the existence of mortgage fraud is a myth perpetrated by a few firebrand internet types called bloggers. Econintersect has found irrefutable proof of this massive hoax perpetrated by a few reprobates who probably should b… more »
Ticker Sense June 4 Blogger Poll: Bearish Sentiment Up
June 5th, 2012
in Background, econ_news
Econintersect: According to Ticker Sense's June 4th Blogger Sentiment poll, bearish sentiment is up roughly 6% from the end of May with the majority of the gain coming from the category of those who considered themselves neutral last week. Bullish sentim… more »
