It’s the debt and deficits, to be sure. Greece is trying to get its fiscal house in order. And Germany is traditionally (or at least in the post-War era) Europe’s best steward of sound money policies. But for all of Europe (and America) these rising bond yields can be reduced to a much simpler explanation: you can’t get something for nothing.
April 9th, 2010 | Dan Denning | 1 comment | ContinuedAll Posts Tagged With: "resource boom"
Foreign Investment in Australia, How Much is Too Much?
What is the Australian Federal government’s position on Chinese investment in Australian resources? Yesterday the Foreign Investment and Trade Board told Sinosteel to cool its heels for 90 days while the government figures out how much of Australia it will sell to foreign investors. Sinosteel, which, as you might guess, is a Chinese steel company, already owns 43.6% of iron ore junior Mid West (ASX:MIS) and was given permission to buy all of the company.
June 26th, 2008 | Dan Denning | 3 comments | Continued
