Monthly Archives: October 2012

Spain’s Regional Problems

By | October 30, 2012

On Friday, Balearic Islands and Asturias joined the autonomous regional governments of Andalusia, Canary Islands, Castile-la Mancha, Catalonia, Murcia, and Valencia (see Fig. 1) in asking help from Madrid’s newly created Regional Liquidity Fund (FLA),… Read the rest  here.

Chinese Industrial Profits Reveal a Lot more

By | October 30, 2012

The Chinese Ministry of Industry and Information Technology reported in September that industrial profits in the country dropped for the fifth month in August, with an overall year-on-year decline of 3.1% (see Fig. 1) for the first eight months of the year, and the August month alone reporting a year-on-year decline of 6.2% Read the… Read More »

Euro Area Private Lending by MFIs takes a nose dive

By | October 3, 2012

The latest figures published by ECB reveals that private lending by Euro area Monetary Financial Institutions took a nose dive in August, and particularly those to financial intermediaries.  The finer details are revealed in the latest publication Sailesh Radha, chief market strategist of IMRA LLC, prepared for Yardeni Research Inc.  In the morning briefing that Dr.… Read More »