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  • October 2, 2014
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Results 1 - 6 of 6 for cyprus

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  1. Business - Comment - MONITOR

    It's risk-off again as troika plays with fire in Cyprus

    Posted Mar 19th 2013, 12:00am by Tom Holland

    ... as troika plays with fire in Cyprus Anyone who thought financial markets had broken out of the risk-on, risk-off cycle that has dominated trading for the last couple of years surely changed their mind yesterday. In Hong Kong the benchmark Hang Seng stock index tumbled 2 per cent as investors reacted to the proposed bail-out deal for Cyprus by rushing to take their money off the table. ...

  2. Business - Comment - MONITOR

    Iceland's harsh cure would be a better medicine for Cyprus

    Posted Mar 26th 2013, 12:00am by Tom Holland

    ... be a better medicine for Cyprus A week after the European Union's first disastrous attempt to solve Cyprus's debt crisis, a new rescue package emerged yesterday. Unlike the initial bailout, ... with relief in much of the rest of the euro zone, whether the package is really such a good outcome for either the economy or the people of Cyprus people is debatable, to say the least. Olli Rehn, ...

  3. Business - Comment - MONITOR

    Cypriot-style bank crisis could hit Hong Kong too

    Posted Apr 02nd 2013, 12:00am by Tom Holland

    ... domestic product, they argue that Cyprus is unimportant to Europe and irrelevant to Hong Kong. Who cares if a few dodgy Russian oligarchs take a haircut on their offshore deposits? But there are two good reasons why Cyprus should matter to us. For one thing, in an age when an increase in perceived risk in one part of the world sends investors scurrying to scale back their exposure ...

  4. Business - Comment - MONITOR

    New arguments for gold sound like the old story warmed up

    Posted Mar 20th 2013, 12:00am by Tom Holland

    ... ordered depositors in Cyprus to take a €5.8 billion haircut on their accounts will only burnish gold's standing as a safe-haven asset. Then there is the mounting diplomatic friction in Asia, ...

  5. Business - Comment - MONITOR

    Thank the Cypriot parliament for averting euro-catastrophe

    Posted Mar 21st 2013, 12:00am by Tom Holland

    ... government and the European authorities in a fiendishly difficult position entirely of their own making. The problem for Cyprus is that its banks are enormous relative to its overall economy. ... in Cypriot banks stood at 700 per cent of the island's gross domestic product. Unfortunately, the bankers of Cyprus took rather too much of that money and invested it in Greek government bonds. ...

  6. Business - Comment - MONITOR

    China is getting a diminishing growth bang for its credit buck

    Posted Apr 16th 2013, 12:00am by Tom Holland

    ... for investing in gold. With Cyprus in crisis, there was diminishing confidence in the safety of European bank deposits. There were the mounting geopolitical tensions in Asia. There were supply ...



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