Sunday, November 13, 2011

Back on track

Euro Gains on New Governments in Italy, Greece

The euro rose for a third day on prospects market confidence in Italy’s ability to contain its debt will be revived after Mario Monti, a former European Union competition commissioner, takes over as prime minister.
The 17-nation currency advanced against the yen afterGreece’s finance minister said his priority is to ensure the country receives a sixth loan under an EU-led bailout after Prime Minister Lucas Papademos took charge as head of an interim government.
Comment: There are still many here among us who still haven't gathered that the silly game is over. The hyenas must go home without a prey.

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